Legal Final Award Document

LEGAL FINAL AWARD DOCUMENT

This Final Award (the "Award") is entered as of by the undersigned in the matter between Claimant Name: whose address for service is , and Respondent Name: whose address for service is .

RECITALS

WHEREAS, Claimant submitted a dispute to arbitration under Arbitration Reference: , asserting claims arising from the agreement between the parties dated ;

WHEREAS, a hearing was conducted on dates: before the tribunal formerly constituted by Arbitrator Name: ;

WHEREAS, the tribunal having considered the pleadings, evidence, testimony, and legal memoranda, now issues this Final Award in accordance with the governing arbitration provisions and applicable law.

NOW, THEREFORE

NOW, THEREFORE, the tribunal makes the following findings, determinations and directives, which constitute the Award of the tribunal and shall be final and binding on the parties to the fullest extent permitted by law.

1. FINDINGS OF FACT AND CONCLUSIONS OF LAW

The tribunal finds, by a preponderance of the evidence, that the material facts are as follows:

The tribunal concludes that Claimant is entitled to relief under the legal theories set forth below:

2. MONETARY AWARD

The tribunal awards to Claimant, and against Respondent, the following amounts, which shall be immediately due and payable unless a different schedule is expressly provided below.

3. INTEREST

Pre-award interest shall accrue as follows. Interest Rate: commencing on on the principal amount awarded above, calculated daily and compounded annually where permitted by law.

Post-award interest shall accrue on any unpaid balance at the rate of per annum from the date of this Award until paid in full.

4. PAYMENT TERMS AND SECURITY

Payment Schedule: The Respondent shall pay the total award in accordance with the following schedule and manner:

Security: If payment is not made pursuant to the schedule above, the tribunal authorizes Claimant to seek security or enforcement relief from a court of competent jurisdiction and to convert this Award into judgment to the extent permitted by law.

5. COSTS, ATTORNEYS' FEES AND EXPENSES

The tribunal awards recoverable arbitration costs, administrative fees, and reasonable attorneys' fees to the prevailing party as set forth herein. The amount awarded for costs and attorneys' fees is intended to be a full and final allocation of such costs, subject to lawful adjustment on application to a court for enforcement.

6. INJUNCTIVE RELIEF AND SPECIFIC DIRECTIONS

To the extent specific performance, injunction or other equitable relief is necessary to effectuate this Award, the tribunal directs that such remedies are available and may be sought in any court of competent jurisdiction for enforcement consistent with the terms herein.

7. CONFIDENTIALITY

The parties agree that, except as required by law or necessary for enforcement, the terms of this Award, the proceedings, and related materials shall remain confidential.

8. ENFORCEMENT

This Award is final and binding on the parties and may be entered as a judgment in any court having jurisdiction. The tribunal expressly retains the power to correct clerical errors or omissions in this Award not affecting substantive rights upon application by a party.

9. NOTICES

All notices, payments, and communications required or permitted under this Award shall be in writing and delivered to the addresses set forth below.

10. GOVERNING LAW; VENUE

This Award and any proceeding to enforce it shall be governed by the substantive laws of the State of without regard to its conflict of laws principles. Venue for any enforcement action shall lie in the courts of that state or a federal court of competent jurisdiction.

11. ENTIRE AGREEMENT; AMENDMENT; WAIVER; SEVERABILITY

This Award constitutes the entire remedy and understanding between the parties with respect to the subject matter hereof. Any amendment to this Award must be in writing and signed by the tribunal. Failure by a party to insist upon strict performance of any provision of this Award shall not be deemed a waiver of any rights. If any provision of this Award is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.

12. COUNTERPARTS

This Award may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument.

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