Common use of Executive Mediation Clause in Contracts

Executive Mediation. Any such dispute must first be submitted to the officers designated below or their successors, for attempted resolution by good faith negotiations for a period of at least thirty (30) days. Said designated officers are as follows: For Hyseq - Chief Executive Officer For Chiron - President, Chiron Technologies 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 below.

Appears in 2 contracts

Sources: Collaboration and License Agreement (Hyseq Inc), Collaboration and License Agreement (Hyseq Inc)