Opinion ID: 177132
Heading Depth: 2
Heading Rank: 2

Heading: The General Arbitration Clause

Text: In addition to the § 3.4 arbitration procedure intended specifically for Article III price disputes, the Agreement also contains a catch-all arbitration provision for all other disputes. It provides: Dispute Resolution. Except as otherwise provided for in Article III, the following shall constitute the exclusive procedures and remedies for all disputes arising out of or relating to this Agreement. Agreement § 14.11. Section 14.11 requires that the parties attempt in good faith to resolve disputes arising out of the Agreement, but if they cannot, it provides for binding arbitration by a three-arbitrator panel in accordance with the International Institute for Conflict Prevention & Resolution (CPR) Rules for Non-Administered Arbitration, and governed by the Federal Arbitration Act, 9 U.S.C. § 1 et seq. (FAA).