Common use of Executive Negotiation Clause in Contracts

Executive Negotiation. During the first ten (10) days following the delivery of the Notice of Dispute (and during any extension to which the Parties agree) an authorized executive of each Party shall attempt in good faith to resolve the dispute through negotiations. If such negotiations result in an agreement in principle to settle the dispute, they shall cause a written settlement agreement to be prepared, signed and dated, whereupon the dispute shall be deemed settled, and not subject to further dispute resolution.

Appears in 4 contracts

Samples: Master Professional Services Agreement, Review Version, mccmeetingspublic.blob.core.usgovcloudapi.net

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