Respondent contends that the arbitrator exceeded his power by rendering an award based in part on a theory, and according petitioner a remedy that was not noticed in petitioner's demand for arbitration. Petitioner licensor's demand sought, inter alia, payment of a royalty which, under the parties' license agreement, was to be computed as a percentage of the business transacted by respondent licensee in the licensed product. As a necessary incident to such relief, the...
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