Common use of Dispute Concerning Termination Clause in Contracts

Dispute Concerning Termination. If within fifteen (15) days after any ------------------------------ Notice of Termination is given or, if later, prior to the Date of Termination, the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be the date on which the dispute is finally resolved, either by mutual written agreement of the parties or by a final judgment, order of decree of a court of competent jurisdiction provided that the Date of Termination shall be extended by a notice of dispute only if such notice is given in good faith and the party giving such notice pursues the resolution of such dispute with reasonable diligence.

Appears in 9 contracts

Samples: Key Employee Retention Agreement (Lumonics Inc), Key Employee Retention Agreement (Lumonics Inc), Key Employee Retention Agreement (Lumonics Inc)

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Dispute Concerning Termination. If within fifteen (15) days after any ------------------------------ Notice of Termination is given given, or, if later, prior to the Date of TerminationTermination (as determined without regard to this Section 4.3), the party receiving such Notice of Termination notifies the other party in writing that a dispute exists concerning the termination, the Date of Termination shall be the date on which the dispute is finally resolvedresolved in accordance with Section 4.4; provided, either by mutual written agreement of the parties or by a final judgmenthowever, order of decree of a court of competent jurisdiction provided that the Date of Termination shall be extended by a notice of dispute only if the basis for such notice is reasonable, such notice is given in good faith and the party giving such notice pursues the resolution of such dispute with reasonable diligence.

Appears in 5 contracts

Samples: Control Agreement, Change in Control Agreement (Hain Celestial Group Inc), Change in Control Agreement (Hain Celestial Group Inc)

Dispute Concerning Termination. If within fifteen (15) days after any ------------------------------ Notice of Termination is given or, if later, prior to the Date of TerminationTermination (as determined without regard to this Section 7.3), the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be the date on which the dispute is finally resolved, either by mutual written agreement of the parties or by a final judgment, order of or decree of a court of competent jurisdiction provided that the Date of Termination shall be extended by a notice of dispute only if such notice is given in good faith and the party giving such notice pursues the resolution of such dispute with reasonable diligence.

Appears in 2 contracts

Samples: Agreement (Bank of Boston Corp), Agreement (Bankboston Corp)

Dispute Concerning Termination. If within fifteen (15) days after any ------------------------------ Notice of Termination is given or, if later, prior to the Date of TerminationTermination (as determined without regard to this Section 7.3), the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be the date on which the dispute is finally resolved, either by mutual written agreement of the parties or by a final judgment, order of or decree of a court of competent jurisdiction provided that the Date of Termination shall be extended by a notice of dispute only if such notice is given in good faith and the party giving such notice pursues the resolution of such dispute with reasonable diligence.. 7.4

Appears in 1 contract

Samples: Agreement (Bank of Boston Corp)

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Dispute Concerning Termination. If within fifteen (15) days after ------------------------------ any ------------------------------ Notice of Termination is given or, if later, prior to the Date of TerminationTermination (as determined without regard to this Section 7.3), the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be the date on which the dispute is finally resolved, either by mutual written agreement of the parties or by a final judgment, order of or decree of a court of competent jurisdiction provided that the Date of Termination shall be extended by a notice of dispute only if such notice is given in good faith and the party giving such notice pursues the resolution of such dispute with reasonable diligence.

Appears in 1 contract

Samples: Agreement (Bankboston Corp)

Dispute Concerning Termination. If within fifteen (15) days after any ------------------------------ Notice of Termination is given given, or, if later, prior to the Date of TerminationTermination (as determined without regard to this Section 7.3), the party receiving such Notice of Termination notifies the other party that a dispute exists concerning the termination, the Date of Termination shall be the date on which the dispute is finally resolved, either by mutual written agreement of the parties or by a final judgment, order of decree of a court of competent jurisdiction and binding arbitration as set forth in Section 14 hereof; provided further that the Date of Termination shall be extended by a notice of dispute only if such notice is given in good faith and the party giving such notice pursues the resolution of such dispute with reasonable diligence.

Appears in 1 contract

Samples: Agreement (Northwestern Corp)

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