Finalized Contract Agreement Packet

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S 15.3.3 The parties shall share the mediator's fee and any filing fees equally. The mediation shall be held in the place where the Project is located, unless another location is mutually agreed upon. Agreements reached in mediation shall be enforceable as settlement agreements in any court having jurisdiction thereof. s I5.4ARBITRAT|ON 5 t S.+.t If the parties have selected arbitration as the method for binding dispute resolution in the Agreement, any Claim sgbject io, but not resolved by, mediation shall be subject to arbitration which, unless the parties mutually agree otherwise, shall be administered by the American Arbihation Association in accordance with its Construction Industry Arbitration Rules in effect on the date of the Agreement. A demand for arbitration shall be made in writing, delivered to the other party to the Contract, and filed with the person or entity administering the arbitration. The party filing a notice of demand for arbitration must assert in the demand all Claims then known to that party on which arbitration is permitted to be demanded. $ 1 5.4.1.1 A demand for arbitration shall be made no earlier than concurrently with the filing of a request for irediation, but in no event shall it be made after the date when the institution of legal or equitable proceedings based on the Claim would be baned by the applicable statute of limitations. For statute of limitations pu{poses, receipt of a written demand for arbitration by the person or entity administering the arbitration shall constitute the institution of legal or equitable proceedings based on the Claim. S 15.4.2 The award rendered by the arbitrator or arbitrators shall be final, and judgment may be entered upon it in accordance with applicable law in any court havingjurisdiction thereof. S 15.4.3 The foregoing agreement to arbitrate and other agreements to arbitrate with an additional person or entity duly consented to by parties to the Agreement shall be specifically enforceable under applicable law in any court having jurisdiction thereof. s 15,4.4CONSOL|DAT|ON 0R JOINDER i tS.+.1.1 Either party, at its sole discretion, may consolidate an arbitration conducted under this Agreement with any other arbitration to which it is a party provided that (l) the arbitration agreement governing the other arbitration permits consolidation, (2) the arbitrations to be consolidated substantially involve common questions of law or fact, and (3) the arbitrations employ materially similar procedural rules and methods for selecting arbitrator(s). S 15.4.4.2 Either party, at its sole discretion, may include by joinder persons or entities substantially involved in a io1;1*on question of law or fact whose presence is required if complete relief is to be accorded in arbitration, provided that the party sought to be joined consents in writing to such joinder. Consent to arbitration involving an additional petsonbr entity shall not constitute consent to arbitration of any claim, dispute or other matter in question not described in the written consent. $ 15.4.4.3 The Owner and Conhactor grant to any person or entity made a party to an arbitration conducted under ihis Section 15.4, whether by joinder or consolidation, the same rights ofjoinder and consolidation as the Owner and Contractor under this Agreement. AIA Docunent A2O1 - 2007, coPyright o 1911, 1915' 1918' 1925, 1937' 1951, 195 rights reserved. "The Anerican InstituCe of Alchitects," "Aherican InstituLe Do;uments" are trademarks of The American Institute of Axchiteccs' This draft No.410424304? which expiles o^ 06/lO/2024' is not for resale' is licensed for the AIA Conlract Documentso Telms of Service' To report copyright violations, User Noteg: 8, L96I,1963, 1966, L9'10' L9'16,198'1, 199'7 and 200?' AII of Architects," "AIA," the AIA togo, and "AIA ConLracL was produced at 09:51:37 PT o^ 05/\3/2024 under order one-ti-me use only, and may onl'y be used in accoldance with e-mai1 docinf oGaiacontracts. com. ( 1164916017) 38