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MAR 10 '95 11~28RM HOLLRND&HART <br />P.SSi13 <br />or sgeinst Szaployor, or should Blnployar asks an aasignIDtnt for tho <br />bena2it of araditosa or eisilar transiera evidencing insolvency, or <br />in the event o! any other assignment or. transfer or atta~pted <br />transfer, oT ^ubcontrdct, whether voluntary or by operation o! iav <br />oz judicial proceeding, this ]lgreesoent shall imsoediately be void. <br />owner shall have the unancuabered rigdt to assign this >gr.amant <br />and rte rights end obligations hereunder. <br />29. Relations o ,parties; li nd 4tandinrt:~todifigation. Yt is <br />understood and agreed by and between ttta partial berate tDat tA• <br />relationship between them is in every respect chat of owner al+d <br />indopendont contractor and the 7~greeaant shall be performed <br />acaordinglys that this agraoaent contains the lull ussdsrstandinq <br />and agraesuant bet~aan the parties hereto and that the saw may not <br />be modified, added to, or dlangad in any particular eYCSpt by <br />mutual agremsnent of the partiec reduced to writing and signed by <br />them. <br />ao. Arbitration of Di~~tea. I1 disputes regarding payaont seise <br />us,der 6action 17 hessof and the pasties ale usable to negotiate a <br />settlomont of the di~puta in good zsith, or if any other dispute os <br />disagreement arises between the partios ragardin¢ any of the torso <br />or aonditione o1 this Agreeaent, Cho dispute shall De aubaitted to <br />bindinq arbitration in 7-ahlahd, Kentucky under the tulle, but not <br />neoeasarilY the auspices, of the Alesrlcan arbitration Association. <br />Arbitration shall ba the encluaive option for sewlution of <br />disputes. Any decision reaehs8 through asbitratioa say bs <br />specifically elsforoed by the pravailinq party under the law of Lh. <br />State of xeatunlry. Tlsa prevailing party shall be entitled tv <br />reasonable ittornsya' Ease, coats and necessary disbvssesents in <br />addition to any other relief to vtsieh that party say be entitled. <br />7l. Notices. J1rty notice, request, protoat, consent, deaand, <br />report, or atatenent given by onv party to the other shall be it <br />writing and doefed duly received 72 hours after it Sa deposited in <br />the united seater mail, postage prepaid, and pseperty addressed as <br />follows: <br />(a) I! the notlee is ro the Owner, to: <br />Howie Resouraoo, Llsaitafl <br />1500 North Biq Run Road <br />Aahlsnd, Kentucky X1102 <br />Jlttns Larry Addington <br />(or to~suoh ether person or aedress ss owner shall bav. designated <br />by due metres to Ee~loysr.) <br />10 <br />__ __ __ .. ,. .. n~ •ni~ evvnne~ ~rmra7 ec77-1.7C-L'RS' <br />