Commitment to Participate in Good Faith. The parties further agree that at any time following the mediation process but prior to the initiation of binding arbitration, the president or highest ranking senior level executive of the respective companies shall meet or confer telephonically in one last effort to resolve the dispute. During each phase of the alternative dispute evaluation process, the parties agree to act in good faith to settle the dispute, if possible.
Appears in 3 contracts
Samples: License Agreement (Ilex Oncology Inc), Ownership Restriction Agreement (Ilex Oncology Inc), License Agreement (Ilex Oncology Inc)
Commitment to Participate in Good Faith. The parties further agree that at any time following the mediation process but prior to the initiation of binding arbitration, the president or highest ranking a senior level executive of the respective companies shall meet or confer telephonically in one last effort to resolve the dispute. During each phase of the alternative dispute evaluation process, the parties agree to act in good faith to settle the dispute, if possible.
Appears in 1 contract
