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parties can be obviated or minimized; (vii) whether and to what extent the direct <br />testimony of witnesses will be received by affidavit or written witness statement; <br />and (viii) any other matters that may promote the efficient, expeditious, and cost - <br />effective conduct of the arbitration proceedings. <br />Management of the Arbitration. The Arbitrator shall actively manage the <br />proceedings as the Arbitrator deems best so as to make proceedings expeditious, <br />economical, and less burdensome than litigation. <br />Confidentiality. All papers, documents, briefs, written communication, <br />testimony, and transcripts, as well as any and all arbitration decisions, shall be <br />confidential and not disclosed to anyone other than the Arbitrator, the parties or <br />the parties' attorneys, and expert witnesses to the extent applicable to their <br />testimony; provided that upon prior written consent of all parties, such <br />information may be divulged to additional third parties. All third parties shall <br />agree in writing to keep such information confidential. <br />(j) Hearing. Hearings may be held at any place within the State of Nebraska <br />designated by the Arbitrator and, in the case of particular witnesses not subject to <br />subpoena at the usual hearing site, at a place where such witnesses can be <br />compelled to attend. <br />(k) Final Award. Within sixty (60) days of the conclusion of the proceedings or such <br />longer period as the parties mutually agree, the Arbitrator shall determine the <br />claims of the parties and render a final award in writing. The Arbitrator may <br />award the prevailing party in the proceeding all or a part of such party's <br />reasonable attorneys' fees and expert witness fees, taking into account the final <br />result of arbitration, the conduct of the parties and their counsel in the course of <br />the arbitration, and other relevant factors. The Arbitrator shall not award any <br />punitive damages. The Arbitrator shall not award indirect, consequential, or <br />special damages, regardless of whether the possibility of such damage or loss was <br />disclosed to or reasonably foreseen by the party against whom the claim is made; <br />provided, however, that such damages may be deemed by the Arbitrator to be <br />direct damages in an award reimbursing payments made by a party therefor to a <br />third party. The Arbitrator shall assess the costs of the proceedings (including <br />without limitation the fees of the Arbitrator) against the non - prevailing party. <br />11.7 Use of Funds. <br />In the event that the Association recovers any funds as a result of a Claim involving an <br />Alleged Defect, the funds shall first be used to correct and /or repair the Alleged Defect or to <br />reimburse the Claimant for any costs actually incurred by such Claimant in correcting and/or <br />repairing the Alleged Defect, and any excess funds shall be paid into the Association's reserve <br />fund. <br />Page 55 of 68 <br />201309222 <br />