Arbitration Agreement Section 7 to 9

When it comes to employment agreements, one clause that is often included is an arbitration agreement. This clause outlines how disputes between the employee and employer will be resolved. In this article, we`ll be focusing specifically on sections 7 to 9 of an arbitration agreement.

Section 7: Selection of Arbitrator

Section 7 of an arbitration agreement outlines how the arbitrator will be selected. This section will often state that the arbitrator will be selected from a specific organization or will be chosen by mutual agreement between the parties. It`s important to note that the selection of the arbitrator can have a significant impact on the outcome of the dispute, so it`s important to carefully consider this section of the agreement.

Section 8: Conduct of the Arbitration

Section 8 outlines the rules and procedures that will govern the arbitration proceedings. This section will often specify the location of the arbitration, the language that will be used, and the timeline for the proceedings. It may also include provisions for discovery and evidence presentation. It`s important to carefully review this section of the agreement to ensure that the proceedings will be conducted fairly and efficiently.

Section 9: Award and Finality

Section 9 of an arbitration agreement outlines the finality of the arbitrator`s decision. This section will often state that the decision is binding and cannot be appealed. It may also specify the types of damages that can be awarded and any limits on the amount of damages that can be awarded. It`s important to carefully review this section of the agreement to ensure that you understand the potential outcomes of the arbitration process.

Conclusion

Overall, an arbitration agreement is an important part of any employment agreement. By carefully reviewing sections 7 to 9 of the agreement, you can ensure that you understand the rules and procedures that will govern any disputes that may arise between you and your employer. Whether you`re an employee or an employer, it`s important to seek the advice of a qualified attorney to ensure that your rights are protected in any potential arbitration proceedings.