Common use of Executive Mediation Clause in Contracts

Executive Mediation. In the event that the dispute can not be resolved by mediation at the Collaboration Management Team pursuant to Section 17.2, such dispute shall be submitted to the appropriate designated executive officers of each Party, for attempted resolution by good faith negotiation for a period of a least thirty (30) days. Unless otherwise agreed, such designated officers are as follows: For PathoGenesis: Chief Executive Officer. For Chiron: Chief Executive Officer. In the event the designated officers are not able to resolve such dispute within such thirty (30) day period, any Party may invoke the provisions of Section 17.4 below.

Appears in 3 contracts

Sources: Collaboration Agreement (Pathogenesis Corp), Collaboration Agreement (Pathogenesis Corp), Collaboration Agreement (Pathogenesis Corp)