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arbitration and setting out the procedure required by this Agreement for such participation, to wit: Within fifteen (15) days of receipt of a copy of Customer's Demand from LCRA's General Manager, as hereinabove required, any Wholesale Customer may provide written notice to LCRA and Customer of its intent to participate as a party in the non - binding arbitration proceeding, and the Parties agree that each such Wholesale Customer that timely provides such written notice may participate as a party in the non - binding arbitration proceeding. (d) A three arbitration panel shall be selected to make non- binding recommendations to the LCRA Board (and any judicial body of competent jurisdiction) concerning any Rate Dispute. Within twenty (20) days of Customer's Demand, LCRA shall select one arbitrator and promptly notify all other parties to the non - binding arbitration of the identity of its selected arbitrator. Within twenty (20) days of Customer's Demand, Customer shall select one arbitrator and promptly notify all other parties to the non - binding arbitration of the identity of its selected arbitrator. Promptly upon their selection, the two arbitrators selected by LCRA and Customer shall confer and select a third arbitrator, who shall be the presiding member of the arbitration panel. In the event the two party- appointed arbitrators cannot agree on the selection of a third within ten (10) days following the designation and notice to the other Party of the last arbitrator selected, either Party may apply to any District Court of the State of Texas in Travis County, Texas, for an order appointing a third arbitrator with qualifications corresponding to those herein set out for a third arbitrator. (e) Each of the arbitrators shall have a minimum of ten (10) years experience, as hereinafter set out: The two party- appointed arbitrators shall have experience in electric utility ratemaking or finance, and the third arbitrator selected by the party- appointed arbitrators shall be a licensed attorney with experience in administrative or civil litigation. Each of the arbitrators shall be impartial, shall not be or have been employed by or a director of either Party within five (5) years prior to Customer's Demand, shall have not represented either Party within five (5) years prior to Customer's Demand, shall have no interest in the outcome of the non - binding arbitration, and shall agree not to become employed by or provide services to a Party for three fa) - years following the conclusion of the non - binding arbitration. (f) The decision for the arbitrators shall be whether, upon a showing by a preponderance of the evidence, any Rate, rate design, or Board policy or any change to any Rate, rate design or Board