Before we discuss what an arbitration looks like, it helps to understand what an arbitration clause can include. Arbitration clauses can be simple -- stating that claims will be settled according to applicable arbitration rules and then enforced by a local court. But arbitration clauses can also be more complex, controlling a large number of matters, such as how arbitrators will be selected, where the arbitration will be held, who will pay for attorneys' fees, and whether the final arbitration award must be kept confidential.
DEFINITION of 'Semiconductor'. A materials product-usually comprised of silicon-which conducts electricity more than an insulator but less than a pure conductor, such as copper and aluminum.
Silicon is the material used to create most integrated circuits used in consumer electronics in the modern industry. The economies of scale, ready availability of cheap high-quality materials and ability to incorporate electronic functionality make silicon attractive for a wide variety of MEMS applications.