If mediation is not successful in resolving the entire dispute or is unavailable, any outstanding issues will be submitted to final and binding arbitration under the rules of the American Arbitration Association. Unless waived by a party providing notice, the failure to cure the default(s) within such time period shall result in the automatic termination of this Contract.Īny controversies or disputes arising out of or relating to this Agreement will be submitted to mediation in accordance with any statutory rules of mediation. The party receiving such notice shall have days from the effective date of such notice to cure the default(s). This notice shall describe with sufficient detail the nature of the default. In addition to any and all other rights a party may have available according to law, if a party defaults by failing to substantially perform any provision, term or condition of this Contract (including without limitation the failure to make a monetary payment when due), the other party may terminate the Contract by providing written notice to the defaulting party.
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