Common use of Escalation to Senior Management Clause in Contracts

Escalation to Senior Management. In the event the JDC cannot reach an agreement regarding a decision within the JDC’s responsibilities within fifteen (15) days after it has met and attempted to reach such consensus, then either Party may, by written notice to the other Party (an “Escalation Notice”), have such matter referred for resolution to a designated senior management representative who shall have authority to bind each Party (collectively, the “Senior Executives”). The Senior Executives shall use good faith efforts to resolve any matter referred to them as soon as practicable.

Escalation to Senior Management. In the event the JDC JCC cannot reach an agreement regarding a decision within the JDCJCC’s responsibilities within fifteen (15) days after it has met and attempted to reach such consensus, then either Party may, by written notice Escalation Notice to the other Party (an “Escalation Notice”)Party, have such matter referred for resolution to a designated senior management representative who shall have authority to bind each Party (collectively, the “Senior Executives”). The Senior Executives shall use good faith efforts to resolve any matter referred to them as soon as practicable.