Common use of Company Operating Agreement Clause in Contracts

Company Operating Agreement. 13.4 Mediation Any Dispute that cannot be settled through negotiation as describe in Article 13.2, may proceed to mediation. The parties shall try in good faith to settle the Dispute by mediation, which each of the parties to the Dispute must attend in person, before resorting to arbitration. If, after no less than three (3) face to face mediation sessions, mediation proves unsuccessful at resolving the Dispute, the parties may then, and only then, resort to binding arbitration as described in Article 13.5.