Common use of Conciliation Procedure Clause in Contracts

Conciliation Procedure. In the event of any dispute between a Management and a Musician and/or the MU arising out of this Agreement and if such dispute cannot be resolved between the parties thereto within a reasonable time then at the request of either party it shall be referred to a Conciliation Board (consisting of an equal number of representatives from XXXX and the MU) which shall meet and give a decision with the utmost despatch and in any event within not more than 7 days (unless otherwise agreed between the parties) and such decision shall be final and binding on the parties to the dispute. Provided that if at any such meeting of a Board no decision is reached, then at the request of either XXXX’x or the MU representatives a further meeting shall be convened as soon as possible of a Board under the chairmanship of such independent Chairman as shall be agreed by the XXXX’x and the MU representatives or (in default of agreement) as shall be appointed by ACAS. The power of the Chairman shall be limited to that of recommendation only unless it is specifically agreed between XXXX and the MU that he/she shall have power to make a binding award to this Agreement.