{"component": "clause", "props": {"groups": [{"samples": [{"hash": "bYV2ffbmx9", "uri": "/contracts/bYV2ffbmx9#deadlock", "label": "Operating Agreement (Holiday Lifestyle Fund I)", "score": 32.3141670227, "published": true}, {"hash": "1ipsBFKP8if", "uri": "/contracts/1ipsBFKP8if#deadlock", "label": "Operating Agreement (Cardone Equity Fund IX, LLC)", "score": 31.069814682, "published": true}, {"hash": "hU4MlRghZSR", "uri": "/contracts/hU4MlRghZSR#deadlock", "label": "Operating Agreement (Holiday Lifestyle Fund I)", "score": 30.9014377594, "published": true}], "snippet": "Unless otherwise expressly set forth herein, in the event the Members are unable to reach agreement on or make a decision with respect to any matter on which the Members are entitled to vote, the matter shall be subject to the Internal Dispute Resolution Procedure described in Article 13 hereof.", "size": 52, "snippet_links": [{"key": "the-members", "type": "clause", "offset": [58, 69]}, {"key": "with-respect-to", "type": "clause", "offset": [122, 137]}, {"key": "entitled-to-vote", "type": "clause", "offset": [174, 190]}, {"key": "subject-to-the", "type": "definition", "offset": [212, 226]}, {"key": "internal-dispute-resolution-procedure", "type": "clause", "offset": [227, 264]}, {"key": "article-13", "type": "definition", "offset": [278, 288]}], "hash": "dd73f7a583a74faac9ee93d7dc8036f7", "id": 1}, {"samples": [{"hash": "djYaR3Nno4B", "uri": "/contracts/djYaR3Nno4B#deadlock", "label": "Distribution Agreement (Coca Cola Bottling Co Consolidated /De/)", "score": 26.5879535675, "published": true}, {"hash": "7xsoJ4if8ab", "uri": "/contracts/7xsoJ4if8ab#deadlock", "label": "Distribution Agreement (Coca Cola Bottling Co Consolidated /De/)", "score": 26.3470230103, "published": true}], "snippet": "(1) If (a) the parties are unable to agree upon Performance Targets, Annual Business Plan or Minimum Distribution Levels, or (b) if Distributor has failed to achieve the applicable Performance Targets, Annual Business Plan or Minimum Distribution Levels or fails to comply with any specific requirements of Distributor under this Agreement, including Section 3 (Distributor\u2019s Duties), Section 10 (Trade Marketing and Promotional Programs), Section 13(f) (sales velocity), and Section 13(g) (promotional activities), in any material respect, commencing with the [2015] Contract Year in accordance with Sections 13(b), 13(c) and 13(d) respectively, (clauses (a) and (b) above, collectively referred to as a \u201cDeadlock\u201d) then either party may, at any time after providing the other party with written notice identifying the specific issues resulting in the Deadlock and making a good faith attempt to resolve the Deadlock with the other party, but not more than three times per twelve month period, upon written notice to the other party (the \u201cMeet and Confer Notice\u201d), require that representatives of the other party\u2019s senior management meet and confer with representatives of the notifying party\u2019s senior management at the dates, times and place reasonably agreed by the parties. Such meet and confer shall begin no later than seven (7) days after the other party\u2019s receipt of such Meet and Confer Notice and shall end no later than fifteen (15) days after the other party\u2019s receipt of such Meet and Confer Notice (the \u201cInitial Meeting Period\u201d). Representatives of the parties\u2019 senior management shall meet and confer during such Initial Meeting Period until (x) resolution of the Deadlock to the parties\u2019 mutual satisfaction or (y) conclusion of the Initial Meeting Period, whichever occurs first.\n(2) If the parties are unable to resolve the Deadlock in accordance with Section 12(a)(i)(D)(1) above, then either party may, at any time after the Initial Meeting Period, upon written notice to the other party and to KO (the \u201cSecond Meet and Confer Notice\u201d), require representatives of the other party\u2019s senior management and representatives of management of the applicable KO business unit (and/or at MEC\u2019s reasonable request, such other representative of senior management of KO), to meet and confer with representatives of the notifying party\u2019s senior management at the dates, times and place reasonably agreed by MEC, Distributor and KO (including via videoconference or teleconference). Such meet and confer shall begin no later than seven (7) days after the other party\u2019s and KO\u2019s receipt of such Second Meet and Confer Notice and shall end no later than twenty-one (21) days after the other party\u2019s and KO\u2019s receipt of such Second Meet and Confer Notice (the \u201cSecond Meeting Period\u201d). Representatives of the parties\u2019 and the applicable KO business unit\u2019s senior management (and/or at MEC\u2019s reasonable request, such other representative of senior management of KO), shall meet and confer during such Second Meeting Period until (x) resolution of the Deadlock to the parties\u2019 and KO\u2019s satisfaction or (y) conclusion of the Second Meeting Period, whichever occurs first. For the avoidance of doubt and without limiting Section 12(a)(i)(D)(5) below, in the event that, after KO\u2019s receipt of the Second Meet and Confer Notice, such representative of KO\u2019s applicable business unit does not participate in accordance with the foregoing, MEC shall have the option of waiving such requirement that such KO representative participate and proceeding with the Second Meeting Period without a KO representative.\n(3) If, after the Second Meeting Period, the parties are unable to resolve the Deadlock in accordance with Section 12(a)(i)(D)(1) and Section 12(a)(i)(D)(2) above, then the Deadlock shall be resolved by reference as follows:", "size": 20, "snippet_links": [{"key": "parties-are", "type": "clause", "offset": [15, 26]}, {"key": "performance-targets", "type": "clause", "offset": [48, 67]}, {"key": "annual-business-plan", "type": "clause", "offset": [69, 89]}, {"key": "distribution-levels", "type": "definition", "offset": [101, 120]}, {"key": "the-applicable", "type": "clause", "offset": [166, 180]}, {"key": "comply-with", "type": "clause", "offset": [266, 277]}, {"key": "requirements-of-distributor", "type": "clause", "offset": [291, 318]}, {"key": "this-agreement", "type": "clause", "offset": [325, 339]}, {"key": "section-3", "type": "definition", "offset": [351, 360]}, {"key": "section-10", "type": "definition", "offset": [385, 395]}, {"key": "promotional-programs", "type": "definition", "offset": [417, 437]}, {"key": "promotional-activities", "type": "definition", "offset": [491, 513]}, {"key": "material-respect", "type": "definition", "offset": [523, 539]}, {"key": "commencing-with-the", "type": "clause", "offset": [541, 560]}, {"key": "contract-year", "type": "clause", "offset": [568, 581]}, {"key": "in-accordance-with", "type": "clause", "offset": [582, 600]}, {"key": "either-party", "type": "clause", "offset": [722, 734]}, {"key": "at-any-time", "type": "clause", "offset": [740, 751]}, {"key": "providing-the", "type": "clause", "offset": [758, 771]}, {"key": "other-party", "type": "definition", "offset": [772, 783]}, {"key": "specific-issues", "type": "clause", "offset": [820, 835]}, {"key": "good-faith-attempt-to-resolve", "type": "clause", "offset": [875, 904]}, {"key": "twelve-month-period", "type": "clause", "offset": [974, 993]}, {"key": "notice-to-the", "type": "clause", "offset": [1008, 1021]}, {"key": "meet-and-confer", "type": "clause", "offset": [1040, 1055]}, {"key": "senior-management", "type": "clause", "offset": [1116, 1133]}, {"key": "notifying-party", "type": "definition", "offset": [1178, 1193]}, {"key": "by-the-parties", "type": "clause", "offset": [1262, 1276]}, {"key": "shall-begin", "type": "definition", "offset": [1299, 1310]}, {"key": "days-after", "type": "definition", "offset": [1335, 1345]}, {"key": "receipt-of", "type": "clause", "offset": [1364, 1374]}, {"key": "meeting-period", "type": "clause", "offset": [1526, 1540]}, {"key": "representatives-of-the-parties", "type": "clause", "offset": [1544, 1574]}, {"key": "conclusion-of", "type": "clause", "offset": [1731, 1744]}, {"key": "unable-to-resolve", "type": "clause", "offset": [1820, 1837]}, {"key": "and-representatives", "type": "clause", "offset": [2120, 2139]}, {"key": "management-of-the", "type": "clause", "offset": [2143, 2160]}, {"key": "business-unit", "type": "definition", "offset": [2175, 2188]}, {"key": "reasonable-request", "type": "definition", "offset": [2206, 2224]}, {"key": "other-representative", "type": "definition", "offset": [2231, 2251]}, {"key": "second-meeting", "type": "definition", "offset": [2765, 2779]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [3173, 3199]}, {"key": "without-limiting-section", "type": "clause", "offset": [3204, 3228]}, {"key": "in-the-event", "type": "clause", "offset": [3251, 3263]}, {"key": "applicable-business", "type": "definition", "offset": [3355, 3374]}, {"key": "participate-in", "type": "definition", "offset": [3389, 3403]}, {"key": "the-foregoing", "type": "definition", "offset": [3420, 3433]}, {"key": "the-option", "type": "clause", "offset": [3450, 3460]}, {"key": "by-reference", "type": "clause", "offset": [3804, 3816]}], "hash": "2ce6c1c4f55b416ffa33514e741a493c", "id": 4}, {"samples": [{"hash": "kaySO436qU", "uri": "/contracts/kaySO436qU#deadlock", "label": "Limited Liability Company Agreement", "score": 24.9070682526, "published": true}, {"hash": "b2jScisisQ8", "uri": "/contracts/b2jScisisQ8#deadlock", "label": "Limited Liability Company Agreement", "score": 21.3147964478, "published": true}], "snippet": "(a) So long as there are only two Members and each Member holds, of record or beneficially through one or more controlled Affiliates, 50% of the aggregate Percentage Interests, if any action requiring a determination by the Board is proposed in good faith, and the Directors are unable to reach agreement on such proposed action at two successive meetings of the Board (including as a result of the failure by any Director to attend any meeting of the Board), in the case of any action to be taken by the Directors, then such matter (a \u201cDeadlock\u201d) shall be addressed in accordance with this Section 3.9.\n(i) A Deadlock may be referred by either Member for resolution to the chief executive officer of each Member (each such officer, a \u201cDesignated Executive\u201d). The Designated Executives shall meet within 10 days after such referral to discuss the Deadlock and shall attempt in good faith to resolve the dispute. If the Designated Executives reach agreement with respect to the Deadlock, they shall jointly so notify the Board and the Members, and such agreement shall be implemented by the Board.\n(ii) If the Designated Executives are unable to resolve such Deadlock within 60 days of the last date on which their meeting should have occurred, either Member may submit such Deadlock to the Independent Directors for non-binding mediation.\n(iii) If the Members fail to resolve such Deadlock within 20 days of the date on which such Deadlock was submitted to non-binding mediation with the Independent Directors, then the Deadlock may be referred by either Member for resolution to the board of directors of each Member (each such board, a \u201cMember Board\u201d). The Member Boards shall meet first separately and then together as soon as practicable, but in any event, within 90 days after such referral to discuss the Deadlock and shall attempt in good faith to resolve the dispute. If the Member Boards reach agreement with respect to the Deadlock, they shall jointly so notify the Board and the Members, and such agreement shall be implemented by the Board. If the Member Boards fail to meet within the time period specified above or are unable to reach agreement within 60 days of the last date on which such initial meeting should have occurred, then the Deadlock shall be resubmitted to the Board for reconsideration.\n(b) Without prejudice to either Member\u2019s remedies under applicable Law, until agreement with respect to a Deadlock is reached (or such Deadlock is otherwise resolved in accordance with this Agreement), the Company shall not implement the actions giving rise to such Deadlock and shall maintain the status quo, in accordance, to the extent commercially practicable, with the Business Plan then in effect (except that a 5% across-the-board increase shall be applied to the then-current operating budget), subject to and as modified by any duly approved Board actions.\n(c) For the avoidance of doubt, and notwithstanding anything to the contrary set forth herein, no action or failure to act of any kind by any Designated Executive or any member of any Member Board in connection with this Section 3.9 shall result in any liability on the part of any such Person, or any of their respective Affiliates, heirs, successors, assigns, agents and representatives, to the Company or its Members.", "size": 10, "snippet_links": [{"key": "each-member", "type": "definition", "offset": [46, 57]}, {"key": "of-record", "type": "definition", "offset": [65, 74]}, {"key": "controlled-affiliates", "type": "definition", "offset": [111, 132]}, {"key": "percentage-interests", "type": "clause", "offset": [155, 175]}, {"key": "any-action", "type": "definition", "offset": [180, 190]}, {"key": "determination-by-the-board", "type": "clause", "offset": [203, 229]}, {"key": "in-good-faith", "type": "definition", "offset": [242, 255]}, {"key": "proposed-action", "type": "definition", "offset": [313, 328]}, {"key": "meetings-of-the-board", "type": "clause", "offset": [347, 368]}, {"key": "failure-by", "type": "clause", "offset": [399, 409]}, {"key": "to-attend", "type": "clause", "offset": [423, 432]}, {"key": "meeting-of-the-board", "type": "clause", "offset": [437, 457]}, {"key": "in-the-case", "type": "clause", "offset": [460, 471]}, {"key": "action-to-be-taken", "type": "clause", "offset": [479, 497]}, {"key": "by-the-directors", "type": "clause", "offset": [498, 514]}, {"key": "in-accordance-with", "type": "clause", "offset": [567, 585]}, {"key": "section-39", "type": "clause", "offset": [591, 602]}, {"key": "the-chief-executive-officer", "type": "clause", "offset": [670, 697]}, {"key": "such-officer", "type": "definition", "offset": [719, 731]}, {"key": "designated-executives", "type": "clause", "offset": [764, 785]}, {"key": "days-after", "type": "definition", "offset": [807, 817]}, {"key": "to-discuss", "type": "definition", "offset": [832, 842]}, {"key": "to-resolve-the-dispute", "type": "clause", "offset": [888, 910]}, {"key": "with-respect-to", "type": "clause", "offset": [957, 972]}, {"key": "the-members", "type": "clause", "offset": [1030, 1041]}, {"key": "unable-to-resolve", "type": "clause", "offset": [1135, 1152]}, {"key": "independent-directors", "type": "clause", "offset": [1290, 1311]}, {"key": "for-non", "type": "clause", "offset": [1312, 1319]}, {"key": "binding-mediation", "type": "clause", "offset": [1320, 1337]}, {"key": "the-board-of-directors", "type": "definition", "offset": [1580, 1602]}, {"key": "member-board", "type": "definition", "offset": [1639, 1651]}, {"key": "as-soon-as-practicable", "type": "definition", "offset": [1719, 1741]}, {"key": "time-period", "type": "definition", "offset": [2098, 2109]}, {"key": "initial-meeting", "type": "definition", "offset": [2205, 2220]}, {"key": "without-prejudice-to", "type": "clause", "offset": [2320, 2340]}, {"key": "applicable-law", "type": "definition", "offset": [2372, 2386]}, {"key": "this-agreement", "type": "clause", "offset": [2501, 2515]}, {"key": "the-company-shall", "type": "clause", "offset": [2518, 2535]}, {"key": "the-actions", "type": "clause", "offset": [2550, 2561]}, {"key": "maintain-the-status-quo", "type": "definition", "offset": [2601, 2624]}, {"key": "to-the-extent", "type": "clause", "offset": [2641, 2654]}, {"key": "the-business-plan", "type": "clause", "offset": [2686, 2703]}, {"key": "in-effect", "type": "definition", "offset": [2709, 2718]}, {"key": "current-operating-budget", "type": "definition", "offset": [2792, 2816]}, {"key": "subject-to", "type": "definition", "offset": [2819, 2829]}, {"key": "board-actions", "type": "definition", "offset": [2867, 2880]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [2886, 2912]}, {"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [2918, 2958]}, {"key": "no-action", "type": "clause", "offset": [2977, 2986]}, {"key": "failure-to-act", "type": "clause", "offset": [2990, 3004]}, {"key": "in-connection-with", "type": "clause", "offset": [3079, 3097]}, {"key": "respective-affiliates", "type": "definition", "offset": [3193, 3214]}, {"key": "agents-and-representatives", "type": "clause", "offset": [3244, 3270]}, {"key": "to-the-company", "type": "definition", "offset": [3272, 3286]}], "hash": "cb29601eb42afabf64978743cfebc56e", "id": 7}, {"samples": [{"hash": "8SGQwqrSHE5", "uri": "/contracts/8SGQwqrSHE5#deadlock", "label": "Shareholders\u2019 Agreement", "score": 29.3408622742, "published": true}, {"hash": "4erCzHHxQU6", "uri": "/contracts/4erCzHHxQU6#deadlock", "label": "Shareholders\u2019 Agreement", "score": 29.3408622742, "published": true}, {"hash": "bzdPL3fdESX", "uri": "/contracts/bzdPL3fdESX#deadlock", "label": "Shareholders\u2019 Agreement (Teekay Corp)", "score": 24.3223819733, "published": true}], "snippet": "17.1 The Shareholders shall use all reasonable endeavours, in relation to any matter which requires their unanimous agreement to agree a common position and, subject to agreement being reached on such common position, to exercise their votes (and votes of the nominated Directors) in each Company jointly and in furtherance of the common position.\n17.2 If there is a dispute or disagreement between the Shareholders as to any question which either of them (in its sole judgement) shall consider is of fundamental importance to the future of the Joint Venture Company, or its Business, then at the option of either Shareholder (as applicable), the matter in question shall be considered at the next meeting of the Board of the Joint Venture Company.\n17.3 If at the next meeting of the Board of the Joint Venture Company, no resolution is carried in relation to the matter by reason of an equality of votes for and against any proposal for dealing with it, or for any other reason, then a Shareholder may give notice in writing (a \u201cDeadlock Notice\u201d) to the other referring to the matter in dispute and specifying that the provisions of Clause 17.4 shall apply.\n17.4 Following service of a Deadlock Notice, either Shareholder may request the matter be referred to the Chief Executive Officers or such appropriate senior executives as such Shareholder may nominate by written notice to the other (the \u201cNominated Senior Executives\u201d). The Nominated Senior Executives shall meet within 20 days and seek in good faith to resolve the matter in dispute. If the matter in dispute has not been resolved at the meeting referred to above or following such further period as the Nominated Senior Executives may agree (the \u201cDeadlock Period\u201d), then either of the Shareholders (the \u201cOfferor\u201d) may give notice in writing (the \u201cOffer Notice\u201d) within the period of 10 Business Days following expiry of the Deadlock Period to the other (the \u201cOfferee\u201d) offering to sell to the Offeree all of the Shares and Shareholder Loans relating to the Joint Venture Company (the \u201cDeadlock Company\u201d) which are owned by the Offeror for the amount per Share (the \u201cShare Amount\u201d) and/or amount per $1 outstanding on such Shareholder Loans (the \u201cLoan Amount\u201d and together with the Share Amount the \u201cAmounts\u201d) specified in the Offer Notice (the \u201cOffer\u201d).\n17.5 Subject to Clause 17.6, the Offeree shall have a period of 20 Business Days (the \u201cAcceptance Period\u201d) commencing with the Business Day following the date of receipt of the Offer Notice in which to accept or decline the Offer by written notice to the Offeror. If the Offeree accepts the Offer within the Acceptance Period, the Offeror shall sell to the Offeree (or such person as the Offeree shall nominate) and the Offeree, or such person as the Offeree shall nominate, shall purchase from the Offeror all of the Shares and Shareholder Loans owned by the Offeror at a price equal to the Amounts.\n17.6 If the Offeree declines the Offer or fails to respond to the Offer Notice within the Acceptance Period the Offeree shall sell to the Offeror (or such person as the Offeror shall nominate) and the Offeror (or such person as the Offeror shall nominate) shall purchase from the Offeree all Shares and Shareholder Loans held by the Offeree at a price equal to the Amounts.\n17.7 If each of the Shareholders delivers an Offer Notice in the terms set out in Clause 17.4 and each of such notices is received or deemed to be received upon the same calendar day, then the party whose Offer Notice specifies the higher Amounts shall be deemed to be the Offeror for the purposes of Clause 17.4 and the provisions of Clauses 17.4, 17.5 and 17.6 shall apply save that the Acceptance Period shall be a period of 25 Business Days from the Business Day following receipt (or deemed receipt) of the Offer Notices.\n17.8 Subject to Clause 17.6, if an Offer Notice from one party (the \u201cFirst Party\u201d) is received or deemed to be received by the other party on a calendar day after the calendar day on which an Offer Notice from the other party is received by the First Party, the Offer Notice received on the later calendar day shall be of no effect.\n17.9 If either Shareholder (the \u201cPurchaser\u201d) becomes obliged or agrees under the terms of Clauses 17.4 to 17.7 to purchase the Shares and/or Shareholder Loans which are owned by the other (the \u201cVendor\u201d) the sale of such Shares and/or Shareholder Loans shall be completed on such date (being a Business Day) as the Purchaser may specify to the Vendor provided that the date so specified shall not be less than 14 nor more than 21 Business Days after the expiry of the Acceptance Period and the provisions of Clause 11 shall apply mutatis mutandis thereto.\n17.10 If neither Shareholder issues an Offer Notice within the period of 10 Business Days following expiry of the Deadlock Period pursuant to the terms set out in Clause 17.4 either party may elect to place the Joint Venture Company in liquidation.\n17.11 Any contemplated change of ownership resulting from this Clause 17 shall always be subject to the provisions of the Time Charters.", "size": 38, "snippet_links": [{"key": "all-reasonable-endeavours", "type": "clause", "offset": [32, 57]}, {"key": "in-relation-to", "type": "clause", "offset": [59, 73]}, {"key": "agreement-to", "type": "clause", "offset": [116, 128]}, {"key": "subject-to-agreement", "type": "clause", "offset": [158, 178]}, {"key": "to-exercise", "type": "clause", "offset": [218, 229]}, {"key": "nominated-directors", "type": "clause", "offset": [260, 279]}, {"key": "dispute-or-disagreement", "type": "clause", "offset": [367, 390]}, {"key": "the-future", "type": "clause", "offset": [527, 537]}, {"key": "the-joint-venture-company", "type": "clause", "offset": [541, 566]}, {"key": "the-option", "type": "clause", "offset": [593, 603]}, {"key": "the-board-of", "type": "clause", "offset": [709, 721]}, {"key": "no-resolution", "type": "clause", "offset": [820, 833]}, {"key": "dealing-with", "type": "clause", "offset": [938, 950]}, {"key": "for-any-other-reason", "type": "clause", "offset": [958, 978]}, {"key": "a-shareholder", "type": "definition", "offset": [985, 998]}, {"key": "notice-in-writing", "type": "clause", "offset": [1008, 1025]}, {"key": "deadlock-notice", "type": "definition", "offset": [1030, 1045]}, {"key": "referring-to", "type": "definition", "offset": [1061, 1073]}, {"key": "in-dispute", "type": "definition", "offset": [1085, 1095]}, {"key": "clause-17", "type": "definition", "offset": [1134, 1143]}, {"key": "following-service-of-a", "type": "clause", "offset": [1164, 1186]}, {"key": "chief-executive-officers", "type": "definition", "offset": [1265, 1289]}, {"key": "senior-executives", "type": "clause", "offset": [1310, 1327]}, {"key": "notice-to-the", "type": "clause", "offset": [1372, 1385]}, {"key": "in-good-faith", "type": "definition", "offset": [1496, 1509]}, {"key": "the-meeting", "type": "clause", "offset": [1594, 1605]}, {"key": "further-period", "type": "definition", "offset": [1642, 1656]}, {"key": "deadlock-period", "type": "definition", "offset": [1708, 1723]}, {"key": "of-the-shareholders", "type": "clause", "offset": [1739, 1758]}, {"key": "period-of", "type": "clause", "offset": [1834, 1843]}, {"key": "business-days", "type": "definition", "offset": [1847, 1860]}, {"key": "expiry-of", "type": "clause", "offset": [1871, 1880]}, {"key": "to-sell", "type": "clause", "offset": [1939, 1946]}, {"key": "the-shares", "type": "clause", "offset": [1969, 1979]}, {"key": "shareholder-loans", "type": "definition", "offset": [1984, 2001]}, {"key": "relating-to", "type": "definition", "offset": [2002, 2013]}, {"key": "owned-by", "type": "definition", "offset": [2075, 2083]}, {"key": "the-offeror", "type": "definition", "offset": [2084, 2095]}, {"key": "share-amount", "type": "definition", "offset": [2127, 2139]}, {"key": "loan-amount", "type": "definition", "offset": [2207, 2218]}, {"key": "the-offer-notice", "type": "definition", "offset": [2283, 2299]}, {"key": "subject-to-clause", "type": "clause", "offset": [2320, 2337]}, {"key": "acceptance-period", "type": "clause", "offset": [2402, 2419]}, {"key": "the-business", "type": "clause", "offset": [2438, 2450]}, {"key": "receipt-of", "type": "clause", "offset": [2477, 2487]}, {"key": "the-acceptance", "type": "clause", "offset": [2619, 2633]}, {"key": "equal-to", "type": "definition", "offset": [2894, 2902]}, {"key": "respond-to", "type": "definition", "offset": [2967, 2977]}, {"key": "all-shares", "type": "clause", "offset": [3204, 3214]}, {"key": "set-out", "type": "definition", "offset": [3361, 3368]}, {"key": "in-clause", "type": "clause", "offset": [3369, 3378]}, {"key": "calendar-day", "type": "definition", "offset": [3460, 3472]}, {"key": "the-party", "type": "clause", "offset": [3479, 3488]}, {"key": "higher-amounts", "type": "clause", "offset": [3522, 3536]}, {"key": "for-the-purposes-of", "type": "clause", "offset": [3571, 3590]}, {"key": "deemed-receipt", "type": "clause", "offset": [3779, 3793]}, {"key": "one-party", "type": "definition", "offset": [3870, 3879]}, {"key": "received-by", "type": "definition", "offset": [3928, 3939]}, {"key": "other-party", "type": "definition", "offset": [3944, 3955]}, {"key": "the-first-party", "type": "definition", "offset": [4058, 4073]}, {"key": "received-on", "type": "clause", "offset": [4092, 4103]}, {"key": "no-effect", "type": "definition", "offset": [4139, 4148]}, {"key": "terms-of", "type": "definition", "offset": [4231, 4239]}, {"key": "sale-of", "type": "clause", "offset": [4357, 4364]}, {"key": "loans-shall", "type": "definition", "offset": [4396, 4407]}, {"key": "the-purchaser-may", "type": "clause", "offset": [4460, 4477]}, {"key": "the-vendor", "type": "clause", "offset": [4489, 4499]}, {"key": "provided-that", "type": "clause", "offset": [4500, 4513]}, {"key": "days-after", "type": "definition", "offset": [4588, 4598]}, {"key": "clause-11", "type": "definition", "offset": [4657, 4666]}, {"key": "shareholder-issues", "type": "clause", "offset": [4722, 4740]}, {"key": "pursuant-to-the-terms", "type": "clause", "offset": [4835, 4856]}, {"key": "either-party", "type": "clause", "offset": [4880, 4892]}, {"key": "to-place", "type": "definition", "offset": [4903, 4911]}, {"key": "in-liquidation", "type": "clause", "offset": [4938, 4952]}, {"key": "change-of-ownership", "type": "definition", "offset": [4977, 4996]}, {"key": "resulting-from", "type": "definition", "offset": [4997, 5011]}, {"key": "this-clause", "type": "clause", "offset": [5012, 5023]}, {"key": "the-provisions-of-the", "type": "clause", "offset": [5054, 5075]}, {"key": "time-charters", "type": "clause", "offset": [5076, 5089]}], "hash": "eb958ed26ea2b4bf80f678c7201503d2", "id": 2}, {"samples": [{"hash": "kYYKqKGvtcL", "uri": "/contracts/kYYKqKGvtcL#deadlock", "label": "Joint Venture Agreement (VirExit Technologies, Inc.)", "score": 35.5653648376, "published": true}, {"hash": "8rTptjVxqaS", "uri": "/contracts/8rTptjVxqaS#deadlock", "label": "Joint Venture Agreement (Quanta Inc)", "score": 29.7310066223, "published": true}, {"hash": "kkUxUkBBLjL", "uri": "/contracts/kkUxUkBBLjL#deadlock", "label": "Joint Venture Agreement (eCrypt Technologies, Inc.)", "score": 26.1526355743, "published": true}], "snippet": "In the event the Joint Venturers are divided on a material issue and cannot agree on the conduct of the business and affairs of the Joint Venture, then a deadlock between the Joint Venturers shall be deemed to have occurred. Upon the occurrence of a deadlock, one Joint Venturer (hereinafter referred to as the \"Offeror\") may elect to purchase the Joint Venture interest of the other Joint Venturer (hereinafter referred to as the \"Offeree\") at a price calculated as the Offeree's percentage interest in a total purchase price for all of the assets of the Joint Venture. The Offeror shall notify the Offeree in writing of the offer to purchase, stating the total purchase price for all of the assets of the Joint Venture, and the price offered for the Offeree's Joint Venture interest expressed as the Offeree's percentage interest in the Joint Venture assets multiplied by the total purchase price for all of the assets of the Joint Venture. The Offeree shall have the right to buy the interest of the Offeror at the designated price and terms, or to sell the Offeree's interest to the Offeror at the designated price and terms, whichever the Offeree may elect. The offer, when made by the Offeror, is irrevocable for thirty (30) days. The Offeree shall have ten (10) days from the receipt of such offer to make its election, that is, either to buy such interest of the Offeror or to sell its own interest, which shall be made in writing executed by the Offeree and stating the nature of the election. A Joint Venturer which is obligated to purchase the interest of another Joint Venturer pursuant to the provisions hereof shall have twenty (20) days from the date of receipt of the written election from such other Joint Venturer to pay the designated price and satisfy the terms of such purchase. Should the Joint Venturer who has received an offer to sell or buy fail to make the election required herein in a timely fashion, then such non-responding party shall be deemed to have elected and agreed to sell or buy, as the case may be, according to the terms of the offer.", "size": 24, "snippet_links": [{"key": "in-the-event-the", "type": "clause", "offset": [0, 16]}, {"key": "joint-venturers", "type": "clause", "offset": [17, 32]}, {"key": "material-issue", "type": "definition", "offset": [50, 64]}, {"key": "business-and-affairs", "type": "clause", "offset": [104, 124]}, {"key": "joint-venture-interest", "type": "definition", "offset": [348, 370]}, {"key": "purchase-price-for", "type": "clause", "offset": [512, 530]}, {"key": "the-assets", "type": "clause", "offset": [538, 548]}, {"key": "the-offeror", "type": "definition", "offset": [571, 582]}, {"key": "notify-the", "type": "clause", "offset": [589, 599]}, {"key": "in-writing", "type": "definition", "offset": [608, 618]}, {"key": "the-offer-to-purchase", "type": "clause", "offset": [622, 643]}, {"key": "the-total", "type": "clause", "offset": [653, 662]}, {"key": "the-price", "type": "clause", "offset": [726, 735]}, {"key": "joint-venture-assets", "type": "definition", "offset": [839, 859]}, {"key": "the-right-to-buy", "type": "clause", "offset": [966, 982]}, {"key": "the-interest", "type": "clause", "offset": [983, 995]}, {"key": "price-and-terms", "type": "clause", "offset": [1029, 1044]}, {"key": "receipt-of", "type": "clause", "offset": [1283, 1293]}, {"key": "executed-by", "type": "clause", "offset": [1439, 1450]}, {"key": "the-election", "type": "clause", "offset": [1489, 1501]}, {"key": "pursuant-to-the-provisions", "type": "clause", "offset": [1590, 1616]}, {"key": "the-date-of-receipt", "type": "clause", "offset": [1657, 1676]}, {"key": "written-election", "type": "clause", "offset": [1684, 1700]}, {"key": "to-pay", "type": "clause", "offset": [1732, 1738]}, {"key": "the-terms", "type": "definition", "offset": [1772, 1781]}, {"key": "offer-to-sell", "type": "clause", "offset": [1846, 1859]}, {"key": "responding-party", "type": "definition", "offset": [1944, 1960]}, {"key": "agreed-to", "type": "definition", "offset": [1997, 2006]}, {"key": "the-case", "type": "definition", "offset": [2023, 2031]}, {"key": "according-to", "type": "definition", "offset": [2040, 2052]}, {"key": "terms-of-the-offer", "type": "clause", "offset": [2057, 2075]}], "hash": "3a1b33810bcb75c68c81c6ca5c25bf41", "id": 3}, {"samples": [{"hash": "8yJv3INBPj7", "uri": "/contracts/8yJv3INBPj7#deadlock", "label": "Limited Liability Company Agreement (Par Pacific Holdings, Inc.)", "score": 36.8056144714, "published": true}, {"hash": "isIDiaD3fIy", "uri": "/contracts/isIDiaD3fIy#deadlock", "label": "Equity Contribution Agreement (Par Pacific Holdings, Inc.)", "score": 36.5509910583, "published": true}], "snippet": "(a) Prior to the end of the Lockup Period, if the Board fails to approve any decision regarding (i) the Operating Budget, (ii) any other decisions reasonably required by the occurrence of an Emergency or change in law, in each case affecting the Renewable Fuels Facility ((i) and (ii), each a \u201cDeadlock Matter\u201d), or (iii) any other decisions requiring Unanimous Board Approval as provided in Section 5.3 (an \u201cUnapproved Matter\u201d), any Member may, via written request setting forth in reasonable detail the nature and extent of the Deadlock Matter or Unapproved Matter, request that the Members convene one or more meetings to attempt to resolve such Deadlock Matter or Unapproved Matter through good faith negotiations between senior management of each Member (at the title of Senior Vice President or equivalent) during the thirty (30) days after the occurrence of such Deadlock Matter (the \u201cDeadlock Period\u201d).\n(b) Prior to the end of the Lockup Period, if a Deadlock Matter has not been resolved within the Deadlock Period through the good faith negotiations described in Section 5.6(a), Par Pacific shall have the authority to resolve such unresolved Deadlock Matter. Any such resolution by Par Pacific shall be considered final. Notwithstanding the foregoing, if a Deadlock Matter regarding the any Operating Budget arises in two (2) consecutive years and Par Pacific has exercised its authority to resolve the first such Deadlock Matter, then Par Pacific may not unilaterally resolve the second occurrence of such Operating Budget-related Deadlock Matter over \u2587\u2587\u2587\u2587\u2587\u2019s objection; instead, should such Deadlock Matter remain unresolved at the end of the Deadlock Period (an \u201cUnresolved Deadlock\u201d), \u2587\u2587\u2587\u2587\u2587 shall have the right to sell its Membership Interests in the Company (subject to compliance with the process and rights as described under Article IX as if such sale were taking place after the expiration of the Lockup Period) regardless of whether the Lockup Period remains in effect at the time of exercising such right. Upon the occurrence of an Unresolved Deadlock, upon the written request of \u2587\u2587\u2587\u2587\u2587, Par Pacific shall deliver to Alohi a written authorization and accompanying certificate signed by the secretary of Par Pacific evidencing the release and waiver of any restrictions on Alohi to transfer its Units under Section 9.3.", "size": 13, "snippet_links": [{"key": "prior-to-the", "type": "clause", "offset": [4, 16]}, {"key": "lockup-period", "type": "clause", "offset": [28, 41]}, {"key": "the-board", "type": "clause", "offset": [46, 55]}, {"key": "to-approve", "type": "clause", "offset": [62, 72]}, {"key": "operating-budget", "type": "definition", "offset": [104, 120]}, {"key": "any-other-decisions", "type": "clause", "offset": [127, 146]}, {"key": "required-by", "type": "definition", "offset": [158, 169]}, {"key": "an-emergency", "type": "clause", "offset": [188, 200]}, {"key": "change-in-law", "type": "clause", "offset": [204, 217]}, {"key": "each-case", "type": "definition", "offset": [222, 231]}, {"key": "renewable-fuels", "type": "definition", "offset": [246, 261]}, {"key": "deadlock-matter", "type": "definition", "offset": [294, 309]}, {"key": "unanimous-board-approval", "type": "definition", "offset": [352, 376]}, {"key": "section-53", "type": "clause", "offset": [392, 403]}, {"key": "unapproved-matter", "type": "definition", "offset": [409, 426]}, {"key": "written-request", "type": "definition", "offset": [450, 465]}, {"key": "nature-and-extent", "type": "clause", "offset": [505, 522]}, {"key": "members-convene", "type": "clause", "offset": [585, 600]}, {"key": "attempt-to-resolve", "type": "definition", "offset": [625, 643]}, {"key": "good-faith-negotiations", "type": "definition", "offset": [694, 717]}, {"key": "management-of", "type": "clause", "offset": [733, 746]}, {"key": "each-member", "type": "definition", "offset": [747, 758]}, {"key": "title-of", "type": "definition", "offset": [767, 775]}, {"key": "senior-vice-president", "type": "clause", "offset": [776, 797]}, {"key": "or-equivalent", "type": "definition", "offset": [798, 811]}, {"key": "days-after", "type": "definition", "offset": [836, 846]}, {"key": "deadlock-period", "type": "definition", "offset": [892, 907]}, {"key": "authority-to", "type": "definition", "offset": [1116, 1128]}, {"key": "unresolved-deadlock", "type": "definition", "offset": [1142, 1161]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [1232, 1261]}, {"key": "second-occurrence", "type": "clause", "offset": [1492, 1509]}, {"key": "at-the-end-of-the", "type": "clause", "offset": [1638, 1655]}, {"key": "right-to-sell", "type": "clause", "offset": [1721, 1734]}, {"key": "membership-interests-in-the-company", "type": "clause", "offset": [1739, 1774]}, {"key": "the-process", "type": "clause", "offset": [1803, 1814]}, {"key": "and-rights", "type": "clause", "offset": [1815, 1825]}, {"key": "article-ix", "type": "definition", "offset": [1845, 1855]}, {"key": "expiration-of-the", "type": "clause", "offset": [1900, 1917]}, {"key": "in-effect", "type": "definition", "offset": [1981, 1990]}, {"key": "at-the-time", "type": "definition", "offset": [1991, 2002]}, {"key": "such-right", "type": "definition", "offset": [2017, 2027]}, {"key": "deliver-to", "type": "definition", "offset": [2129, 2139]}, {"key": "written-authorization", "type": "definition", "offset": [2148, 2169]}, {"key": "the-secretary", "type": "clause", "offset": [2209, 2222]}, {"key": "waiver-of", "type": "clause", "offset": [2265, 2274]}, {"key": "restrictions-on", "type": "clause", "offset": [2279, 2294]}, {"key": "to-transfer", "type": "clause", "offset": [2301, 2312]}, {"key": "section-93", "type": "clause", "offset": [2329, 2340]}], "hash": "1691ce0785b972e36650c44502108c72", "id": 6}, {"samples": [{"hash": "j224DDkuIs0", "uri": "/contracts/j224DDkuIs0#deadlock", "label": "Employee Life and Health Trust Agreement", "score": 24.4551677704, "published": true}, {"hash": "d0i8sLd6xCw", "uri": "/contracts/d0i8sLd6xCw#deadlock", "label": "Employee Life and Health Trust Agreement", "score": 24.4551677704, "published": true}, {"hash": "i9LOjcsxsQF", "uri": "/contracts/i9LOjcsxsQF#deadlock", "label": "Employee Life and Health Trust Agreement", "score": 24.4537982941, "published": true}], "snippet": "A deadlock shall be deemed to exist wherever a proposal, motion or resolution made by any Trustee is neither adopted nor rejected by a majority vote, or where a proposal, motion, or resolution is unable to be made at a meeting due to lack of a quorum at two (2) consecutively called meetings. In the event of a deadlock, a meeting of the Trustees shall be held at least ten (10) days after the deadlock has arisen for the purpose of either resolving the matter in dispute or agreeing upon the designation of a mediator to assist in the resolution of the matter in dispute. In the event a meeting is not held within ten (10) days after the deadlock has arisen, the dispute shall proceed to arbitration in accordance with s. 10.19(c);", "size": 8, "snippet_links": [{"key": "a-proposal", "type": "clause", "offset": [45, 55]}, {"key": "majority-vote", "type": "clause", "offset": [135, 148]}, {"key": "lack-of", "type": "clause", "offset": [234, 241]}, {"key": "in-the-event-of-a", "type": "clause", "offset": [293, 310]}, {"key": "the-trustees", "type": "clause", "offset": [334, 346]}, {"key": "days-after", "type": "definition", "offset": [379, 389]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [414, 432]}, {"key": "in-dispute", "type": "definition", "offset": [461, 471]}, {"key": "designation-of-a", "type": "clause", "offset": [493, 509]}, {"key": "to-assist", "type": "clause", "offset": [519, 528]}, {"key": "not-held", "type": "definition", "offset": [599, 607]}, {"key": "the-dispute", "type": "clause", "offset": [660, 671]}, {"key": "to-arbitration", "type": "clause", "offset": [686, 700]}, {"key": "in-accordance-with", "type": "clause", "offset": [701, 719]}], "hash": "361c309b45725ec636ecd784f698b208", "id": 9}, {"samples": [{"hash": "aPdlcDyQTZd", "uri": "/contracts/aPdlcDyQTZd#deadlock", "label": "Management Services Agreement (Novamed Eyecare Inc)", "score": 18.0, "published": true}, {"hash": "3ugWOpoFkOI", "uri": "/contracts/3ugWOpoFkOI#deadlock", "label": "Management Services Agreement (Novamed Eyecare Inc)", "score": 18.0, "published": true}], "snippet": "In the event the parties are unable to agree on -------- a Budget by the beginning of the fiscal year (a \"Deadlock\"), then until an agreement is reached, the Budget for the prior year shall be deemed to be adopted as the Budget for the current year. Notwithstanding the foregoing, the Policy Board, in its judgment, may impose reductions on a consistent basis to each of Budgeted Practice Expense and the Monthly Fee in the event that the Policy Board makes a determination that general economic conditions and/or regulatory developments adversely affecting the Medical Services provided by Practice or the Dispensary Business render the present levels of the Budgeted Practice Expense and the Monthly Fee impractical. For purposes of illustration only, and without limitation, such general economic conditions and/or regulatory developments could include proposed or actual cuts in Medicare/Medicaid reimbursement for procedures that are a material component of the Medical Services performed by Practice. Following resolution of any Deadlock, Budgeted Practice Expense and the Monthly Fee (and the corresponding Monthly Practice Expense and Management Fee as calculated in Article VI hereof) shall be recomputed retroactive to the beginning of the fiscal year based upon the parameters agreed to in the new Budget, and appropriate adjustments in payments owing to Practice and/or Business Manager, as the case may be, resulting from such recomputation shall be made promptly. Notwithstanding the foregoing, if after six months the parties are still unable to agree on a Budget, then the dispute shall be submitted to arbitration in accordance with Section 8.6 hereof. Until the arbitrator renders a judgment or the dispute is otherwise resolved, the adjustments described in this Section 4.10(a)(iii) shall continue to apply. Notwithstanding anything to the contrary contained herein, nothing in this Section 4.10(a)(iii) shall affect the payment of Office Expense, which shall be paid in full in accordance with the provisions of this Agreement. For purposes of this Section 4.10(iii) and (iv), \"Budgeted Practice Expense\" and \"Monthly Fee\" shall refer to either Principal Services or Dispensary Business, as applicable.", "size": 16, "snippet_links": [{"key": "parties-are", "type": "clause", "offset": [17, 28]}, {"key": "beginning-of-the", "type": "clause", "offset": [73, 89]}, {"key": "fiscal-year", "type": "definition", "offset": [90, 101]}, {"key": "an-agreement", "type": "clause", "offset": [129, 141]}, {"key": "the-budget", "type": "clause", "offset": [154, 164]}, {"key": "prior-year", "type": "clause", "offset": [173, 183]}, {"key": "current-year", "type": "clause", "offset": [236, 248]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [250, 279]}, {"key": "policy-board", "type": "clause", "offset": [285, 297]}, {"key": "consistent-basis", "type": "definition", "offset": [343, 359]}, {"key": "monthly-fee", "type": "definition", "offset": [405, 416]}, {"key": "economic-conditions", "type": "clause", "offset": [487, 506]}, {"key": "regulatory-developments", "type": "clause", "offset": [514, 537]}, {"key": "adversely-affecting", "type": "definition", "offset": [538, 557]}, {"key": "by-practice", "type": "clause", "offset": [588, 599]}, {"key": "dispensary-business", "type": "definition", "offset": [607, 626]}, {"key": "without-limitation", "type": "clause", "offset": [758, 776]}, {"key": "medicaid-reimbursement", "type": "definition", "offset": [892, 914]}, {"key": "performed-by", "type": "clause", "offset": [984, 996]}, {"key": "monthly-practice-expense", "type": "definition", "offset": [1114, 1138]}, {"key": "management-fee", "type": "definition", "offset": [1143, 1157]}, {"key": "article-vi", "type": "clause", "offset": [1175, 1185]}, {"key": "agreed-to", "type": "definition", "offset": [1288, 1297]}, {"key": "new-budget", "type": "definition", "offset": [1305, 1315]}, {"key": "adjustments-in-payments", "type": "clause", "offset": [1333, 1356]}, {"key": "to-practice", "type": "clause", "offset": [1363, 1374]}, {"key": "business-manager", "type": "definition", "offset": [1382, 1398]}, {"key": "the-case", "type": "definition", "offset": [1403, 1411]}, {"key": "resulting-from", "type": "definition", "offset": [1420, 1434]}, {"key": "six-months", "type": "definition", "offset": [1518, 1528]}, {"key": "the-dispute", "type": "clause", "offset": [1585, 1596]}, {"key": "to-arbitration", "type": "clause", "offset": [1616, 1630]}, {"key": "section-86", "type": "clause", "offset": [1650, 1661]}, {"key": "the-arbitrator", "type": "clause", "offset": [1676, 1690]}, {"key": "to-apply", "type": "clause", "offset": [1818, 1826]}, {"key": "notwithstanding-anything-to-the-contrary-contained", "type": "clause", "offset": [1828, 1878]}, {"key": "nothing-in-this-section", "type": "clause", "offset": [1887, 1910]}, {"key": "payment-of", "type": "definition", "offset": [1941, 1951]}, {"key": "office-expense", "type": "definition", "offset": [1952, 1966]}, {"key": "paid-in-full", "type": "definition", "offset": [1983, 1995]}, {"key": "in-accordance-with-the-provisions-of-this-agreement", "type": "definition", "offset": [1996, 2047]}, {"key": "for-purposes-of-this-section", "type": "clause", "offset": [2049, 2077]}, {"key": "refer-to", "type": "definition", "offset": [2150, 2158]}, {"key": "principal-services", "type": "definition", "offset": [2166, 2184]}], "hash": "0ff9fbe0e459381900976e0c247cb17a", "id": 5}, {"samples": [{"hash": "5P9YXIpQgzQ", "uri": "/contracts/5P9YXIpQgzQ#deadlock", "label": "Limited Liability Company Agreement (Newmont Goldcorp Corp /De/)", "score": 30.5058174133, "published": true}, {"hash": "7mVb3JphSj3", "uri": "/contracts/7mVb3JphSj3#deadlock", "label": "Implementation Agreement (Barrick Gold Corp)", "score": 30.1937026978, "published": true}, {"hash": "2KAwnZzTtdo", "uri": "/contracts/2KAwnZzTtdo#deadlock", "label": "Implementation Agreement (Newmont Mining Corp /De/)", "score": 30.1909656525, "published": true}], "snippet": "In the event of any deadlock in respect of the Approval of any of the matters set out in Section 3.3(c), such matter shall be resolved as follows:\n(i) representatives of Barrick Member and Newmont Member will negotiate in good faith to resolve the deadlock; and\n(ii) if the deadlock is not resolved within 30 days of the commencement of negotiations in clause (i), the matter shall be submitted to the respective Presidents and Chief Executive Officers (or other comparable title) of the Parents, who shall form a committee (the \u201cDispute Committee\u201d). The Dispute Committee will attempt in good faith to resolve such matter within 21 days of it being referred to them. If the Dispute Committee is able to resolve such matter, then, notwithstanding Section 3.3(c), Nevada JV shall be authorized to take such action, and the Members shall be authorized to cause Nevada JV to take such action, as may be necessary to implement the resolution mutually agreed by the Dispute Committee. If the Dispute Committee is unable to resolve such matter during such 21-day period, then the status quo shall remain in effect and no action will be taken with respect to such matter unless and until it receives the requisite approval.", "size": 9, "snippet_links": [{"key": "in-the-event-of", "type": "definition", "offset": [0, 15]}, {"key": "in-respect-of", "type": "clause", "offset": [29, 42]}, {"key": "approval-of", "type": "definition", "offset": [47, 58]}, {"key": "set-out", "type": "definition", "offset": [78, 85]}, {"key": "representatives-of", "type": "clause", "offset": [151, 169]}, {"key": "barrick-member", "type": "definition", "offset": [170, 184]}, {"key": "negotiate-in-good-faith", "type": "definition", "offset": [209, 232]}, {"key": "commencement-of-negotiations", "type": "clause", "offset": [321, 349]}, {"key": "in-clause", "type": "clause", "offset": [350, 359]}, {"key": "chief-executive-officers", "type": "definition", "offset": [428, 452]}, {"key": "the-parents", "type": "definition", "offset": [484, 495]}, {"key": "a-committee", "type": "clause", "offset": [512, 523]}, {"key": "dispute-committee", "type": "definition", "offset": [530, 547]}, {"key": "the-dispute", "type": "clause", "offset": [551, 562]}, {"key": "notwithstanding-section", "type": "clause", "offset": [731, 754]}, {"key": "nevada-jv", "type": "definition", "offset": [763, 772]}, {"key": "the-members", "type": "clause", "offset": [818, 829]}, {"key": "agreed-by", "type": "definition", "offset": [947, 956]}, {"key": "unable-to-resolve", "type": "clause", "offset": [1008, 1025]}, {"key": "day-period", "type": "definition", "offset": [1053, 1063]}, {"key": "status-quo", "type": "clause", "offset": [1074, 1084]}, {"key": "in-effect", "type": "definition", "offset": [1098, 1107]}, {"key": "no-action", "type": "clause", "offset": [1112, 1121]}, {"key": "with-respect-to", "type": "clause", "offset": [1136, 1151]}, {"key": "requisite-approval", "type": "definition", "offset": [1197, 1215]}], "hash": "bca3f7b91b98f3d31b81ad05fb61c0f7", "id": 8}, {"samples": [{"hash": "lDjSPVlc1w5", "uri": "/contracts/lDjSPVlc1w5#deadlock", "label": "Collaboration and License Agreement (Large Scale Biology Corp)", "score": 18.0, "published": true}, {"hash": "eR8Qh2RRvam", "uri": "/contracts/eR8Qh2RRvam#deadlock", "label": "Compound Discovery Collaboration Agreement (Genome Therapeutics Corp)", "score": 18.0, "published": true}, {"hash": "eP4O5BmQmr2", "uri": "/contracts/eP4O5BmQmr2#deadlock", "label": "Collaboration and License Agreement (Large Scale Biology Corp)", "score": 18.0, "published": true}], "snippet": "In the event that the Research Committee cannot reach agreement with respect to any matter that is subject to its decision-making authority, then the matter shall be referred to the Steering Committee for resolution.", "size": 7, "snippet_links": [{"key": "in-the-event", "type": "clause", "offset": [0, 12]}, {"key": "research-committee", "type": "definition", "offset": [22, 40]}, {"key": "with-respect-to", "type": "clause", "offset": [64, 79]}, {"key": "subject-to", "type": "definition", "offset": [99, 109]}, {"key": "the-steering-committee", "type": "clause", "offset": [178, 200]}], "hash": "ebbdaf253cf7d0db65e9f44a52d05474", "id": 10}], "next_curs": "ClESS2oVc35sYXdpbnNpZGVyY29udHJhY3Rzci0LEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhFkZWFkbG9jayMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Deadlock", "size": 727, "children": [["", ""], ["deadlock", "Deadlock"], ["deadlock-notice", "Deadlock Notice"], ["resolution-of-deadlock", "Resolution of Deadlock"], ["general", "General"]], "parents": [["rights-and-obligations-of-members", "Rights and Obligations of Members"], ["fiscal-matters", "Fiscal Matters"], ["annual-budget", "Annual Budget"], ["management", "Management"], ["covenants-and-responsibilities-of-business-manager", "COVENANTS AND RESPONSIBILITIES OF BUSINESS MANAGER"]], "id": "deadlock", "related": [["disagreement", "Disagreement", "Disagreement"], ["impasse", "Impasse", "Impasse"], ["notice-of-dispute", "Notice of Dispute", "Notice of Dispute"], ["dispute-notice", "Dispute Notice", "Dispute Notice"], ["resolution-of-dispute", "Resolution of Dispute", "Resolution of Dispute"]], "related_snippets": [], "updated": "2026-11-12T05:58:31+00:00", "also_ask": [], "drafting_tip": "Specify clear deadlock resolution procedures to prevent prolonged disputes; define decision-making thresholds to avoid ambiguity; set timeframes for actions to ensure timely resolution.", "explanation": "A Deadlock clause defines the procedure to follow when parties involved in a contract are unable to reach an agreement on a significant issue, resulting in a stalemate. Typically, this clause outlines steps such as escalating the dispute to higher management, engaging in mediation, or even allowing one party to buy out the other\u2019s interest if the deadlock persists. Its core function is to provide a clear mechanism for resolving impasses, thereby preventing prolonged disputes that could disrupt the ongoing relationship or operations governed by the contract."}, "json": true, "cursor": ""}}