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201503252
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5/20/2015 8:49:55 AM
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DEEDS
Inst Number
201503252
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(b) Governing Procedures. The arbitration shall be conducted in accordance with the <br />AAA Rules. In the event of a conflict between the AAA Rules and this Section, <br />the provisions of this Section shall govern. <br />(c) Appointment of Arbitrator. The parties shall appoint a single arbitrator by mutual <br />agreement. If the parties have not agreed within ten (10) days of the date of the <br />Notice of Intention to Arbitrate on the selection of an arbitrator willing to serve, a <br />qualified arbitrator will be appointed by AAA in accordance with AAA Rules. <br />Any arbitrator appointed in accordance with this Subsection (c) is referred to in <br />this Section as the "Arbitrator ". <br />(d) Qualifications of Arbitrator. The Arbitrator must have completed all necessary <br />training to act as an arbitrator under AAA Rules and shall be neutral and <br />impartial, knowledgeable as to the subject matter involved in the dispute, and <br />experienced in arbitration proceedings. <br />(e) Disclosure. Any potential Arbitrator shall promptly disclose to the parties all <br />actual or perceived conflicts of interest involving the dispute or the parties. No <br />Arbitrator may serve if he has a conflict of interest involving the subject matter of <br />the dispute or the parties. If an Arbitrator resigns or becomes unwilling to <br />continue to serve as Arbitrator, a replacement shall be selected in accordance with <br />the procedure set forth in Subsection (c) above. <br />Compensation. The Arbitrator shall be fully compensated for all time spent in <br />connection with the arbitration proceedings in accordance with the Arbitrator's <br />usual hourly rate, unless otherwise agreed to by the parties, for all time spent in <br />connection with the arbitration proceeding. Pending the final award, the <br />Arbitrator's compensation and expenses shall be advanced equally by the parties. <br />Preliminary Hearing. Within thirty (30) days after the Arbitrator has been <br />appointed, a preliminary hearing among the Arbitrator and counsel for the parties <br />shall be held for the purpose of developing a plan for the management of the <br />arbitration, which shall then be memorialized in an appropriate order. The <br />matters that may be addressed include (i) definition of issues; (ii) scope, timing, <br />and types of discovery, if any; (iii) schedule and place(s) of hearings; (iv) setting <br />of other timetables; (v) submission of motions and briefs; (vi) whether and to <br />what extent expert testimony will be required, whether the Arbitrator should <br />engage one or more neutral experts, and whether engagement of experts by the <br />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 />(h) 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 />(i) 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 />(f) <br />(g) <br />Page 55 of 69 <br />201503252 <br />
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