Waiver of Jury Trial Clause Example from Business Contracts

This example Waiver of Jury Trial clause appears in 3 contracts from 1 company

Waiver of Jury Trial. Each party acknowledges and agrees that any controversy which may arise under this Option is likely to involve complicated and difficult issues and, therefore, each such party irrevocably and unconditionally waives any right it may have to a trial by jury in respect of any legal action arising out of or relating to this Option or the transactions contemplated hereby.