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This excerpt taken from the PCG 10-Q filed Nov 6, 2008. Dispute
Resolution. With the exception of any request for specific
performance, injunctive or other equitable relief, any dispute or controversy of
any kind arising out of or related to this Agreement, the Executive�s employment
with the Company, the separation of the Executive from that employment and from
his positions as an officer and/or director of the Company or any subsidiary or
affiliate, or any claims for benefits, will be resolved exclusively by final and
binding arbitration using a one-member arbitration panel selected by mutual
agreement, or if the Parties fail to agree on an arbitrator, then in accordance
with the Commercial Arbitration Rules of the American Arbitration Association
currently in effect, provided, however, that the arbitrator will be limited to
awarding the award requested by the Executive or the Company and shall not
determine an alternative or compromise remedy. The only claims not
covered by this paragraph are any non-waivable claims for benefits under
workers� compensation or unemployment insurance laws, which will be resolved
under those laws. Any arbitration pursuant to this paragraph will
take place in San Francisco, California. The Parties may be
represented by legal counsel at the arbitration but must bear their own fees for
such representation in the first instance, subject to a claim for subsequent
reimbursement under paragraph 17. The Parties will equally share the
costs of the arbitration, including the arbitrator�s fees, administrative costs
and filing fees, unless otherwise prohibited by law. To the extent
properly split, said arbitration costs will be subject to a claim for subsequent
reimbursement under paragraph 17. The Parties agree that the
arbitrator will have the power to decide any motions brought by any party to the
arbitration, including discovery motions, motions for summary judgment and/or
adjudication and motions to dismiss and demurrers, prior to any arbitration
hearing. The arbitrator will issue a written decision on the
merits. The Parties specifically waive any right to a jury trial on
any dispute or controversy covered by this paragraph. Judgment may be
entered on the arbitrator�s award in any court of competent
jurisdiction. Subject to the arbitration provisions of this
paragraph, the sole jurisdiction and venue for any action for injunctive or
declaratory relief related to the subject matter of this Agreement will be the
California state and federal courts in the City and County of San Francisco, and
both Parties hereby consent to the jurisdiction of such courts for any such
action.
15. This excerpt taken from the PCG 10-K filed Feb 18, 2005. 15. DISPUTE RESOLUTION In the event any dispute regarding the terms and conditions of this Agreement is not settled, the Parties shall follow the ISO ADR Procedure set forth in Section 13 of the ISO Tariff. The specific references in this Agreement to alternative dispute resolution procedures shall not be interpreted to limit the Parties' rights and obligations to invoke dispute resolution procedures pursuant to this Section 15. | EXCERPTS ON THIS PAGE:
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