Opening of Bids - Century Center Parking Lot Entry Gate Improvements Proj No 118-035A - Larson Danielson Construction - 2

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shall be the sole interpreter of this Agreement and the Employer shall 'be bound by the Association's interpretation thereof in all instances. In the event of any difference of controversy as to the interpretation or application of this Agreement arising between any Employer and an Employee in the Bargaining Unit, the difference or controversy shall be taken up at once by the representatives of both the Union and the Employer who shall endeavor to make a satisfactory settlement. (B) If the differences of controversy cannot be settled by them, then the difference or controversy shall be referred to a Board of six members, three of them whom shall be selected by the Association, from the members of the Association, and three by the Union. These selections shall be made within five (5) working days after formal notification to disputed parties following 79 failure of settlement between the representatives of the Union and Employer, and the Board shall meet within five (5) working days after its members are so selected to hear the evidence and endeavor to arrive at a decision, which shall be consistent with the terms and provisions of this Agreement. It shall be sufficient for a majority of the persons deliberating to arrive at a decision and any decision reached shall be final, binding and conclusive on all parties concerned. (C) In the event of a deadlock, the matter shall be referred to an impartial arbitrator. The parties shall agree upon the name of such individual and in the event they cannot, they shall jointly request the American Arbitration Association to submit a list of five (5) recognized arbitrators and by the alternate striking of names, the name of an arbitrator shall be arrived at and such arbitrator shall make a determination which shall be final, binding and conclusive on all