Amended Arbitration Award between Dorothy J. Kidd and James C. Saxton et al.

Contract Categories: Business Operations › Settlement Agreements
Summary

This document is an amended arbitration award issued by the American Arbitration Association in a dispute between Dorothy J. Kidd (individually and as Trustee of the Dorothy Kidd Revocable Trust) and James C. Saxton, Jim Saxton, Inc., Saxton Inc., TVS Joint Venture, and TVS General Partnership. The arbitrator awarded $750,000 to the claimants, with each party responsible for its own legal fees and costs. The award is subject to the terms of a referenced settlement agreement and stipulated arbitration award.

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EX-10.22 3 0003.txt AMERICAN ARBITRATION ASSOCIATION In the Matter of the Arbitration between DOROTHY J. KIDD, individually and ) as Trustee of the DOROTHY KIDD ) CASE NO. 72 180 01351 97 REVOCABLE TRUST u/a/d January 10, ) 1990, ) Claimants, ) vs. ) ) JAMES C. SAXTON, individually; ) AMENDED ARBITRATION AWARD JIM SAXTON, INC., a Nevada ) corporation; SAXTON INC., ) TVS JOINT VENTURE; ) and TVS GENERAL PARTNERSHIP; ) ) Respondents.. ) The undersigned hereby finds as follows: An Award in favor of the Claimants is entered against the Respondents, James C Saxton, Jim Saxton, Inc., Saxton Inc., TVS Joint Venture and TVS General Partnership, jointly and severally, in the amount of Seven Hundred Fifty Thousand ($750,000.00) subject to the terms and conditions set forth in the Settlement Agreement and Stipulated Arbitration Award which is incorporated herein by reference. Each party to this action is responsible for its own attorneys' fees and costs. DATED this _____ day of _____________________, 2000. KRAVITZ. SCHNITZER JIMMERSON HANSEN & SLOANE, CHTD. By: By: ----------------------------- --------------------------- GARY E. SCHNITZER, ESQ. JAMES J. JIMMERSON Nevada Bar No.: 395 Nevada Bar No.: 264 1389 Galleria Drive, Suite 200 415 S. Sixth St., #100 Henderson, Nevada 89014 Las Vegas, NV 89101 Attorneys for Claimants Attorneys for Respondents AMERICAN ARBITRATION ASSOCIATION By: --------------------------------- MICHAEL J. MALLEY, Arbitrator