(A) If any person, including, without limitation, any participant or beneficiary or alternate payee or distributee (or any person claiming through a participant or beneficiary or alternate payee or distributee) brings or maintains any suit or action (other than as described by subsection (B) below) against the Plan Administrator or the plan-trustee or to which the Plan Administrator or the plan-trustee is or becomes a party, each such person hereby submits to exclusive jurisdiction and exclusive venue in the courts sitting in and for the district in which the Plan Administrator has his or her principal place of business.
(B) However, any suit or action upon an arbitration award or relating to an arbitration shall be governed by the internal laws (without regard to the law of conflicts) of the state in which the arbitration was conducted, and each such person who is or was a party to an arbitration hereby submits to exclusive jurisdiction and exclusive venue in the courts sitting in and for the district in which the city or place of the arbitration is located.
(Ord. NIRC 97-1, passed 1-15-1997)