Termination Of Agreement Arbitration Clause
This is known as separability teaching… (d) Y.________ shall have the right to denounce this Agreement by written notification to X.________ with immediate effect if X.________: (i) dissolution, liquidation or other cessation of its existence, except for a merger, consolidation or sale, in the essential part of all its assets, to another person who agrees to assume the rights and obligations X.________ of this Agreement and who, therefore, has obtained the written consent of Y.________, or (ii) to take steps to challenge the validity of any of the licensed patents in administrative or judicial proceedings, or to assist third parties in taking such action. Hilltop Companies, LLC, employed Cynthia Huffman as an independent registrant to verify mortgage file files. Huffman worked for Hilltop from October 2011 to January 2013. After hiring, Huffman and Hilltop entered into a professional services agreement (the „Contract”), which contained an arbitration clause and a survival clause. The arbitration clause (paragraph 21) provided that all claims arising out of the agreement or its breach „shall be settled by a binding arbitration procedure administered by the American Arbitration Association. . . . The survival clause of the agreement (paragraph 22) provides that paragraphs „4, 5, 6, 7, 8, 9, 10, 11, 12, 14, 17 and 22 shall survive the expiration or prior termination of this agreement”.
The clauses listed related to the duration of employment, remuneration, termination and client secrecy, but excluded arbitration proceedings. . . .
