Further Escalation Sample Clauses
The "Further Escalation" clause establishes a formal process for resolving disputes or issues that cannot be settled at the initial level of negotiation between parties. Typically, this clause outlines a step-by-step escalation path, such as referring unresolved matters to higher management or a designated committee, and may specify timeframes or procedures for each stage. Its core practical function is to ensure that persistent disagreements are addressed systematically, reducing the risk of unresolved conflicts and promoting efficient resolution before resorting to litigation or external arbitration.
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Further Escalation. In the event that agreement cannot be reached in the second instance within twenty (20) Business Days, then either Party may request within a further period of two (2) Business Days, that the dispute be escalated and the positions of the Parties shall be forwarded to Customer's President and the President of Lockheed ▇▇▇▇▇▇ ***
Further Escalation. Any Dispute that is not a Committee Exclusive Dispute may be further escalated as follows:
Further Escalation. In the event that agreement cannot be reached in the second instance within twenty (20) Business Days, then either Party may request within a further period of two (2) Business Days, that the dispute be escalated and the positions of the Parties shall be forwarded to Customer’s President and the President of Lockheed ▇▇▇▇▇▇ *** Certain confidential portions of this exhibit were omitted by means of redacting a portion of the text. Copies of the exhibit containing the redacted portions have been filed separately with the Securities and Exchange Commission subject to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934.