Common use of Binding Mediation Clause in Contracts

Binding Mediation. Any Dispute not resolved pursuant to Section 14.2 will, at the written request of any Party (a “Mediation Request”), be submitted to binding mediation in accordance with the International Institute for Conflict Prevention & Resolution (“CPR”) Mediation Procedure (the “Procedure”) then in effect, except as otherwise set forth in this Article. The mediation will be held in Palo Alto, California or such other place as the Parties may mutually agree. The Parties will have 20 days from receipt by a Party of a Mediation Request to agree on a mediator. If no mediator has been agreed upon by the Parties within 20 days of receipt by a Party of a Mediation Request, then any Party may request (on notice to the other Party) that CPR appoint a mediator in accordance with the Procedure. If the Dispute has not been resolved within the earlier of 60 days of the appointment of a mediator or 90 days after receipt by a Party of a Mediation Request, or within such longer period as the Parties may agree to in writing, either Party may submit the Dispute to binding arbitration in accordance with Section 14.4; provided, however, that if one Party fails to participate in the mediation, the other Party may commence arbitration in accordance with Section 14.4 prior to the expiration of the time periods set forth above.

Binding Mediation. Any Dispute not resolved pursuant to Section 14.2 will8.2 shall, at the written request of any Party (a “Mediation Request”), be submitted to binding mediation in accordance with the International Institute for Conflict Prevention & Resolution (“CPR”) Mediation Procedure (the “Procedure”) then in effect, except as otherwise set forth in this ArticleArticle VIII. The mediation will shall be held in Palo Alto, California or such other place as the Parties may mutually agree. The Parties will shall have 20 twenty (20) days from receipt by a Party of a Mediation Request to agree on a mediator. If no mediator has been agreed upon by the Parties within 20 twenty (20) days of receipt by a Party of a Mediation Request, then any Party may request (on written notice to the other Party) ), that CPR appoint a mediator in accordance with the Procedure. If the Dispute has not been resolved within the earlier of 60 sixty (60) days of the appointment of a mediator or 90 ninety (90) days after receipt by a Party of a Mediation Request, or within such longer period as the Parties may agree to in writing, either Party may submit the Dispute to binding arbitration in accordance with Section 14.48.4; provided, however, that if one Party fails to participate in either the mediation, the other Party may commence arbitration in accordance with Section 14.4 8.4 prior to the expiration of the time periods set forth above.