Common use of Good Faith Negotiation Clause in Contracts

Good Faith Negotiation. If any Dispute is not resolved pursuant to Section 8.1, the Party that delivered the Officer Negotiation Request shall provide written notice of such Dispute to the Chief Executive Officer of each Party (a “CEO Negotiation Request”). As soon as reasonably practicable following receipt of a CEO Negotiation Request, the Chief Executive Officers of the Parties shall begin conducting good-faith negotiations with respect to such Dispute. All such negotiations shall be confidential and shall be treated as compromise and settlement negotiations for purposes of applicable rules of evidence. If the Chief Executive Officers of the Parties are unable for any reason to resolve a Dispute within thirty (30)-days of receipt of a CEO Negotiation Request, and such thirty (30)-day period is not extended by mutual written consent of the Parties, the Dispute shall be submitted to arbitration in accordance with Section 8.3.

Appears in 4 contracts

Samples: Master Separation Agreement (Arlo Technologies, Inc.), Master Separation Agreement (Force Protection Video Equipment Corp.), Master Separation Agreement (Netgear, Inc)

AutoNDA by SimpleDocs

Good Faith Negotiation. If any Dispute is not resolved pursuant to Section 8.17.1, the Party that delivered the Officer Negotiation Request shall provide written notice of such Dispute to the Chief Executive Officer of each Party (a “CEO Negotiation Request”). As soon as reasonably practicable following receipt of a CEO Negotiation Request, the Chief Executive Officers of the Parties shall begin conducting good-faith negotiations with respect to such Dispute. All such negotiations shall be confidential and shall be treated as compromise and settlement negotiations for purposes of applicable rules of evidence. If the Chief Executive Officers of the Parties are unable for any reason to resolve a Dispute within thirty (30)-days 30) days of receipt of a CEO Negotiation Request, and such thirty (30)-day 30) day period is not extended by mutual written consent of the Parties, the Dispute shall be submitted to arbitration in accordance with Section 8.37.3.

Appears in 4 contracts

Samples: Separation and Distribution Agreement (Varex Imaging Corp), Separation and Distribution Agreement (Varian Medical Systems Inc), Separation and Distribution Agreement (Varex Imaging Corp)

Good Faith Negotiation. If any Dispute is not resolved pursuant to Section 8.17.1, the Party that delivered the Officer Negotiation Request shall provide written notice of such Dispute to the Chief Executive Officer of each Party (a “CEO Negotiation Request”). As soon as reasonably practicable following receipt of a CEO Negotiation Request, the Chief Executive Officers of the Parties shall begin conducting good-faith negotiations with respect to such Dispute. All such negotiations shall be confidential and shall be treated as compromise and settlement negotiations for purposes of applicable rules of evidence. If the Chief Executive Officers of the Parties are unable for any reason to resolve a Dispute within thirty (30)-days 30) days of receipt of a CEO Negotiation Request, and such thirty (30)-day period is not extended by mutual written consent of the Parties, the Dispute shall be submitted to arbitration in accordance with Section 8.37.3.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Enhabit, Inc.), Separation and Distribution Agreement (Enhabit, Inc.), Separation and Distribution Agreement (Encompass Health Corp)

Good Faith Negotiation. If any Dispute is not resolved pursuant to Section 8.19.01, the Party that delivered the Officer Offer Negotiation Request shall provide written notice of such Dispute to the Chief Executive Officer of each Party (a “CEO Negotiation Request”). As soon as reasonably practicable following receipt of a CEO Negotiation Request, the Chief Executive Officers of the Parties shall begin conducting good-faith negotiations with respect to such Dispute. All such negotiations shall be confidential and shall be treated as compromise and settlement negotiations for purposes of applicable rules of evidence. If the Chief Executive Officers of the Parties are unable for any reason to resolve a Dispute within thirty (30)-days 30) days of receipt of a CEO Negotiation Request, and such thirty (30)-day 30 day period is not extended by mutual written consent of the Parties, the Dispute shall be submitted to arbitration in accordance with Section 8.39.03.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Telemynd, Inc.), Separation and Distribution Agreement (MYnd Analytics, Inc.), Separation and Distribution Agreement (MYnd Analytics, Inc.)

AutoNDA by SimpleDocs

Good Faith Negotiation. If any Dispute is not resolved pursuant to Section 8.17.1, the Party that delivered the Officer Offer Negotiation Request shall provide written notice of such Dispute to the Chief Executive Officer of each Party (a “CEO Negotiation Request”). As soon as reasonably practicable following receipt of a CEO Negotiation Request, the Chief Executive Officers of the Parties shall begin conducting good-faith negotiations with respect to such Dispute. All such negotiations shall be confidential and shall be treated as compromise and settlement negotiations for purposes of applicable rules of evidence. If the Chief Executive Officers of the Parties are unable for any reason to resolve a Dispute within thirty (30)-days 30 days of receipt of a CEO Negotiation Request, and such thirty (30)-day 30 day period is not extended by mutual written consent of the Parties, the Dispute shall be submitted to arbitration in accordance with Section 8.37.3.

Appears in 2 contracts

Samples: Separation and Distribution Agreement (Inpixon), Separation and Distribution Agreement (Inpixon)

Time is Money Join Law Insider Premium to draft better contracts faster.