Common use of Negotiation and Binding Arbitration Clause in Contracts

Negotiation and Binding Arbitration. In the event a dispute, controversy or claim between Parent and Sub or any of their respective Group members arises out of or relates to this Agreement, the Ancillary Agreements (other than the Tax Allocation Agreement, which shall be governed by the relevant provision of such agreement) or any other agreement entered into pursuant hereto or thereto (collectively, a "Dispute"), Parent and Sub agree to abide by the following procedures to resolve any such Dispute.

Negotiation and Binding Arbitration. In the event a ----------------------------------- dispute, controversy or claim between Parent and Sub or any of their respective Group members arises out of or relates to this Agreement, the Ancillary Agreements (other than the Tax Allocation Agreement, which shall be governed by the relevant provision of such agreement) or any other agreement entered into pursuant hereto or thereto (collectively, a "Dispute"), Parent and Sub agree to abide by the following procedures to resolve any such Dispute.