The vaccine offered 98 percent protection in the first year and that protection remained at 85 percent or higher three years after vaccination â stronger protection than the only other shingles vaccine on the market, Merckâs Zostavax.
Definition of ARBITRATION CLAUSE: A clause inserted in a contract providing for compulsory arbitration in case of dispute as to righis or liabilities under it; ineffectual if it purports to The Law Dictionary Featuring Black's Law Dictionary Free Online Legal Dictionary 2nd Ed.
Arbitration, a form of alternative dispute resolution (ADR), is a technique for the resolution of disputes outside the courts. The parties to a dispute refer it to arbitration by one or more persons (the arbitrators, arbiters or arbitral tribunal), and agree to be bound by the arbitration decision (the award). A third party reviews the evidence in the case and imposes a decision that is legally binding on both sides and enforceable in the courts. Arbitration is often used for the resolution of commercial disputes, particularly in the context of international commercial transactions.