Common use of Chief Executive Officers Clause in Contracts

Chief Executive Officers. In the event that the dispute is not resolved in accordance with subsection 1 (a) above, either party may refer the dispute to the chief executive officers or chief operating officers of the respective parties for further consideration. In the event that such individuals are unable to reach agreement within 15 days, or such longer period as they may agree, then either party may refer the matter to arbitration in accordance with subsection 2 of this Article XVIII.

Chief Executive Officers. In the event that the dispute is not resolved in accordance with subsection 1 (a) above, either party may refer the dispute to the chief executive officers or chief operating officers of the respective parties for further consideration. In the event that such individuals are unable to reach agreement within 15 days, or such longer period as they may agree, then either party may refer the matter to arbitration in accordance with subsection Section 2 of this Article XVIII.