definiens: shall mean forfeiture, cancellation, or lossfor any reason . If [COMPANY] elects not to accelerate the effective date of [COMPANY] ’s license, and [COMPANY] takes all reasonablesteps, as [COMPANY] directs and at [COMPANY] ’s expense, to contest the loss of that exclusivity, and there is a final determinationthat the event did cause [COMPANY] to lose all or any portion of that exclusivity, [COMPANY] will compensate [COMPANY] for theeconomic loss [COMPANY] suffered as a result of the failure to accelerate [COMPANY] ’s license, the amount of such loss to bedetermined by arbitration in New York City under the commercial arbitration rules of the American ArbitrationAssociation, using a single arbitrator chosen by the American Arbitration Association who shall have at least 10 yearsexperience, with the arbitrator ’s fee to be shared equally by [COMPANY] and [COMPANY] . If possible, the first meeting with thearbitrator shall take place within one month of his / her appointment