Purpose of Mediation. This clause provides for the use of Mediation as an alternative means of resolving disputes which may arise under this Agreement. The Mediation allows parties to make an educated assessment of their respective cases, and then engage in a negotiated settlement discussion. Such a procedure can save both parties valuable time, resources, and legal costs. Should a Mediation be utilized, a Mediation Agreement shall be drafted and adopted which will set forth the governing procedures and terms.
Appears in 2 contracts
Samples: Continuing Professional Services Agreement, Professional Service Agreement
Purpose of Mediation. This clause provides for the use of Mediation as an alternative means of resolving disputes which may arise under this Agreement. The Mediation allows parties to make an educated assessment of their respective cases, and then engage in a negotiated settlement discussion. Such a procedure can save both parties valuable time, resources, and legal costs. Should a Mediation be utilized, a Mediation Agreement shall be drafted and adopted which will set forth the governing procedures and terms.
Appears in 2 contracts
Samples: Professional Service Agreement, Professional Service Agreement
