Any dispute between Owner and Manager as to the interpretation of this Agreement or the rights and obligations of any party hereto shall be resolved through binding arbitration held in the county in which the Property is located. The parties shall mutually select one person, who has at least five years of property management experience, to act as the arbitrator for resolution of the dispute and, in the event the parties cannot agree on said arbitrator, then it shall be appointed by the nearest office of the American Arbitration Association (“ AAA ”). The arbitrator may use the rules of the AAA for commercial arbitration, but is encouraged to adopt the rules the arbitrator deems appropriate to accomplish the arbitration in the quickest and least expensive manner possible. The parties shall equally share all initial costs of arbitration. The prevailing party shall be entitled to reimbursement of reasonable attorneys' fees and costs as determined by the arbitrator. All decisions of the arbitrator shall be final, binding and conclusive on all parties.