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    Award of Arbitrators

    WE, THE UNDERSIGNED ARBITRATORS, having been designated in accordance with the arbitration agreement entered into by the above-named parties, and having been duly sworn and having heard the proofs and allegations of the parties, and Respondent having withdrawn its Counterclaim with respect to this matter, hereby AWARD as follows:

    The issues are found in favor of the Claimant and against the Respondents, jointly and severally.

    The following sums are awarded in favor of Claimant and against Respondents, jointly and severally:

    $146,979.48 in actual damages and $54,793.00 in attorneys’ fees and costs.

    The administrative fees and expenses of the American Arbitration Association totaling $11,500.00, and the compensation and expenses of the arbitrators totaling $27,707.50 shall be borne by the Respondents jointly and severally. Therefore, Respondents shall reimburse Claimant the additional sum of $21,353.75, representing that portion of said fees and expenses in excess of the apportioned costs previously incurred by Claimant.
    Thus the total of the award against Respondents and in favor of Claimant is $223,126.23.
    This Award is in full resolution of all claims submitted in this arbitration. All claims not expressly granted herein are hereby denied.
    This Award may be executed in any number of counterparts, each of which shall be deemed an original, and all of which shall constitute together one and the same instrument.

    Date 6/15/17

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