Common use of Commencement of the Dispute Resolution Procedure Clause in Contracts

Commencement of the Dispute Resolution Procedure. If a Dispute arises, either the Executive or the Company (either a "Party" or together the "Parties") may initiate the Dispute Resolution Procedure by giving written notice of the Dispute to the other Party (the "Notice of Dispute"). The Notice of Dispute shall contain a brief statement of the nature of the Dispute, set out the relief requested, and request that the Dispute Resolution Procedure of this Section 7 be commenced.

Commencement of the Dispute Resolution Procedure. If a Dispute arises, either the Executive or the Company (either a "Party" or together the "Parties") party may initiate the Dispute Resolution Procedure by giving written notice of the Dispute to the other Party party (the "Notice of Dispute"). The Notice of Dispute shall contain a brief statement of the nature of the Dispute, Dispute and set out the relief requested. Upon the submission of a Notice of Dispute, and request that the parties shall, during the following fifteen (15) days, attempt to amicably resolve the Dispute Resolution Procedure of this Section 7 be commencedthrough negotiations. (the "Consultation Period").

Commencement of the Dispute Resolution Procedure. ‌ The Parties shall make reasonable efforts to first resolve any Dispute. If a Dispute arisescannot be resolved by the Parties, then either the Executive or the Company (either a "Party" or together the "Parties") Party may initiate the Dispute Resolution Procedure by giving written notice of the Dispute to the other Party (the "Notice of Dispute"). The Notice of Dispute shall contain a brief statement of the nature of the Dispute, set out the relief requested, and request that the Dispute Resolution Procedure of this Section 7 be commenced.