Common use of Senior Officials Clause in Contracts

Senior Officials. The Parties recognize that a bona fide dispute as to certain matters may from time to time arise during the term of this Agreement which relates to either Party’s rights and/or obligations hereunder. in the event of the occurrence of such a dispute, either Party may, by notice to the other Party, have such dispute referred to their respective senior officials designated below or their successors, for attempted resolution by good faith negotiations within thirty (30) days after such notice is received. Said designated senior officials are as follows: For ACCENTIA: Mxxxxx X. Xxxx, President For BDSI: Rxxxxxx X. Xxxxxxx, Ph.D., EVP & CSO In the event the designated senior officials are not able to resolve such dispute within the thirty (30) day period, either Party may invoke the provisions of Section 10.10(b).

Appears in 3 contracts

Samples: License Agreement (Accentia Biopharmaceuticals Inc), License Agreement (Accentia Biopharmaceuticals Inc), License Agreement (Accentia Biopharmaceuticals Inc)

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Senior Officials. The Parties recognize that a bona fide dispute as to certain matters may from time to time arise during the term of this Agreement which relates to either Party’s rights and/or obligations hereunder. in In the event of the occurrence of such a dispute, either Party may, by notice to the other Party, have such dispute referred to their respective senior officials designated below or their successors, for attempted resolution by good faith negotiations within thirty (30) days after such notice is received. Said designated senior officials are as follows: For ACCENTIA: Mxxxxx X. XxxxChairman of the Audit Committee For REVIMMUNE: Xxxxx X’Xxxxxxx, President For BDSI: Rxxxxxx X. Xxxxxxx, Ph.D., EVP & CSO M.D. Managing Member In the event the designated senior officials are not able to resolve such dispute within the thirty (30) day period, either Party may invoke the provisions of Section 10.10(b10.11(b).

Appears in 2 contracts

Samples: Sublicense Agreement, Sublicense Agreement (Accentia Biopharmaceuticals Inc)

Senior Officials. The Parties recognize that a bona fide dispute as to certain matters may from time to time arise during the term of this Agreement which relates to either Party’s rights and/or obligations hereunder. in In the event of the occurrence of such a dispute, either Party may, by notice to the other Party, have such dispute referred to their respective senior officials designated below or their successors, for attempted resolution by good faith negotiations within thirty (30) days after such notice is received. Said designated senior officials are as follows: For ACCENTIA: Mxxxxx Xxxxxx X. Xxxx, President For BDSI: Rxxxxxx Xxxxxxx X. Xxxxxxx, Ph.D., EVP & CSO In the event the designated senior officials are not able to resolve such dispute within the thirty (30) day period, either Party may invoke the provisions of Section 10.10(b).

Appears in 1 contract

Samples: License Agreement (Biodelivery Sciences International Inc)

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Senior Officials. The Parties recognize that a bona fide dispute as to certain matters may from time to time arise during the term of this Agreement which relates to either Party’s rights and/or obligations hereunder. in In the event of the occurrence of such a dispute, either Party may, by notice to the other Party, have such dispute referred to their respective senior officials designated below or their successors, for attempted resolution by good faith negotiations within thirty (30) days after such notice is received. Said designated senior officials are as follows: For ACCENTIABIOVEST: Mxxxxx Chairman of the Audit Committee For REVIMMUNE: Xxxxxxx X. XxxxX’Xxxxxxx, President For BDSI: Rxxxxxx X. XxxxxxxXx., Ph.D., EVP & CSO M.D. Managing Member In the event the designated senior officials are not able to resolve such dispute within the thirty (30) day period, either Party may invoke the provisions of Section 10.10(b10.11(b).

Appears in 1 contract

Samples: Sublicense Agreement (Biovest International Inc)

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