he provisions of Paragraph "Seventh" of said agreement,
or Paragraph "Eighth" of the Managers' Protective Association-Actors'
Equity Association basic agreement, dated May 12, 1924, as modified
and incorporated into said Chorus Equity Association M.P.A. basic
agreement, the Chorus shall at his option, provided the Chorus Equity
Association consents, be released from this agreement and the Manager
agrees to pay to him and he may recover from the Manager all sums due
to date of said release, plus his return fare, as provided in the
transportation clause, plus, as liquidated damages, a sum equal to two
weeks' salary. Any claim under this paragraph must be made by the
Chorus through and with the consent of the Chorus Equity Association
and any dispute regarding the same shall be arbitrated under the
provisions of this agreement.
(b) This agreement is dependent upon and subject to all the terms and
conditions of said agreement with Managers' Protective Association,
dated May 12, 1924.
_Arbitration_
6. In event that any dispute shall arise between the parties as to any
matter or thing covered by this agreement, or as to the meaning of any
part thereof, then said dispute or claim shall be arbitrated. The
Manager shall choose one arbitrator, and the Chorus Equity Association
the second. ---- shall be the third. These three shall constitute the
Board and the decision of a majority of the arbitrators shall be the
decision of all and shall be binding upon both parties and shall be
final. The Board shall hear the parties and within seven (7) days
shall decide the dispute or claim. The Board shall determine by whom
and in what proportion the cost of arbitration shall be paid, and the
parties hereby constitute said Board their agents and agree that its
decision shall constitute an agreement between them, having the same
binding force as if agreed to by the parties themselves. Further, that
they and each of them will, if required, sign such individual
arbitration agreement as to make said arbitration comply with a legal
arbitration under the laws of the State of New York and the rules of
the Supreme Court thereof, and that judgment upon the award may be
entered in the Supreme Court of the State of New York. The oath of the
members of the Board of Arbitration shall not be necessary unless
specifically requested by one of the parties.
IN WITNESS WHEREOF we have signed this agreement on the day and year
first above written.
-
|