Common use of Agreement to Negotiate Clause in Contracts

Agreement to Negotiate. First, the parties shall attempt in good faith to resolve any Claims promptly by negotiations between Employee and executives or directors of the Company or its affiliates who have authority to settle the Claims. Either party may give the other disputing party written notice of any Claim not resolved in the normal course of business. Within five days after the effective date of that notice, Employee and such executives or directors of the Company shall agree upon a mutually acceptable time and place to meet and shall meet at that time and place, and thereafter as often as they reasonably deem necessary, to exchange relevant information and to attempt to resolve the Claim. The first of those meetings shall take place within 30 days of the date of the disputing party’s notice. If the Claim has not been resolved within 60 days of the date of the disputing party’s notice, or if the parties fail to agree on a time and place for an initial meeting within five days of that notice, either party may elect to undertake arbitration in accordance with Section 9.4(b).

Appears in 5 contracts

Samples: Employment Agreement (Preferred Voice Inc), Employment Agreement (Preferred Voice Inc), Stock Purchase Agreement (Preferred Voice Inc)

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Agreement to Negotiate. First, the parties shall attempt in good faith to resolve any Claims promptly by negotiations between Employee the Executive and executives or directors of the Company or its affiliates who have authority to settle the Claims. Either party may give the other disputing party written notice of any Claim not resolved in the normal course of business. Within five days after the effective date of that notice, Employee the Executive and such executives or directors of the Company shall agree upon a mutually acceptable time and place to meet and shall meet at that time and place, and thereafter as often as they reasonably deem necessary, to exchange relevant information and to attempt to resolve the Claim. The first of those meetings shall take place within 30 days of the date of the disputing party’s notice. If the Claim has not been resolved within 60 days of the date of the disputing party’s notice, or if the parties fail to agree on a time and place for an initial meeting within five days of that notice, either party may elect to undertake arbitration in accordance with Section 9.4(b8.3(b).

Appears in 2 contracts

Samples: Employment Agreement (Lilis Energy, Inc.), Employment Agreement (Recovery Energy, Inc.)

Agreement to Negotiate. First, the parties Parties shall attempt in good faith to resolve any Claims promptly by negotiations between Employee Executive and executives or directors of the Company or and its affiliates Affiliates who have authority to settle the Claims. Either party Party may give the other disputing party Party written notice of any Claim not resolved in the normal course of business. Within five days after the effective date of that notice, Employee Executive and such executives or directors of the Company shall agree upon a mutually acceptable time and place to meet and shall meet at that time and place, and thereafter as often as they reasonably deem necessary, to exchange relevant information and to attempt to resolve the Claim. The first of those meetings shall take place within 30 days of the date of the disputing partyParty’s notice. If the Claim has not been resolved within 60 days of the date of the disputing partyParty’s notice, or if the parties Parties fail to agree on a time and place for an initial meeting within five days of that notice, either party Party may elect to undertake arbitration in accordance with Section 9.4(b).

Appears in 2 contracts

Samples: Employment Agreement (Vitesse Energy, Inc.), Employment Agreement (Vitesse Energy, Inc.)

Agreement to Negotiate. First, the parties shall attempt in good faith to resolve any Claims promptly by negotiations between Employee Executive and executives or directors of the Company or its affiliates who have authority to settle the Claims. Either party may must give the other disputing party written notice of any Claim not resolved in the normal course of business. Within five days after the effective date of that notice, Employee Executive and such executives or directors of the Company shall agree upon a mutually acceptable time and place to meet in person or by phone and shall meet at that time and place, and thereafter as often as they reasonably deem necessary, to exchange relevant information and to attempt to resolve the Claim. The first of those meetings shall take place within 30 days of the date of the disputing party’s notice. If the Claim has not been resolved within 60 days of the date of the disputing party’s notice, or if the parties fail to agree on a time and place for an initial meeting within five days of that notice, either party may elect to undertake arbitration in accordance with Section 9.4(b).

Appears in 1 contract

Samples: Employment Agreement (American Midstream Partners, LP)

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Agreement to Negotiate. First, the parties shall attempt in good faith to resolve any Claims promptly by negotiations between the Employee and executives or directors of the Company or its affiliates who have authority to settle the Claims. Either party may give the other disputing party written notice of any Claim not resolved in the normal course of business. Within five (5) days after the effective date of that notice, the Employee and such executives or directors of the Company shall agree upon a mutually acceptable time and place to meet and shall meet at that time and place, and thereafter as often as they reasonably deem necessary, to exchange relevant information and to attempt to resolve the Claim. The first of those meetings shall take place within 30 thirty (30) days of the date of the disputing party’s notice. If the Claim has not been resolved within 60 sixty (60) days of the date of the disputing party’s notice, or if the parties fail to agree on a time and place for an initial meeting within five (5) days of that notice, either party may elect to undertake arbitration in accordance with Section 9.4(b9(f)(ii).

Appears in 1 contract

Samples: Management Continuity Agreement (Depomed Inc)

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