Common use of Dispute Escalation Clause in Contracts

Dispute Escalation. In the event of a dispute between the Parties, the Parties will first attempt in good faith to resolve such dispute by negotiation and consultation between themselves or the Workplan Leaders. In the event that such dispute is not resolved on an informal basis within [**], any Party may, by written notice to the other, have such dispute referred to each Party’s Chief Executive Officer or his or her designee (who will be a senior executive “Executive Officers”), who will attempt in good faith to resolve such dispute by negotiation and consultation for a [**] period following receipt of such written notice.

Appears in 2 contracts

Samples: License Agreement (Verve Therapeutics, Inc.), License Agreement (Verve Therapeutics, Inc.)

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Dispute Escalation. In the event of a dispute between the Parties, the Parties will first attempt in good faith to resolve such dispute by negotiation and consultation between themselves or the Workplan Leaders. In the event that such dispute is not resolved on an informal basis within [**], any Party may, by written notice to the other, have such dispute referred to each Party’s Chief Executive Officer or his or her designee (who will be a senior executive “Executive Officers”executive), who will attempt in good faith to resolve such dispute by negotiation and consultation for a [**] period following receipt of such written notice.

Appears in 2 contracts

Samples: Development and Option Agreement (Verve Therapeutics, Inc.), Development and Option Agreement (Verve Therapeutics, Inc.)

Dispute Escalation. In the event of a dispute Dispute between the Parties, the Parties will first attempt in good faith to resolve such dispute Dispute by negotiation and consultation between themselves or the Workplan Leadersthemselves. In the event that such dispute Dispute is not resolved on an informal basis within [**]*] from receipt of the written notice of a Dispute, any Party mayeither Party, if it wishes to pursue resolution of such dispute, shall, by written notice to the other, have refer such dispute referred Dispute to each Party’s Chief Executive Officer or his or her designee (who will be a senior executive “the Executive Officers”), who will attempt in good faith to resolve such dispute Dispute by negotiation and consultation for a [***] period following receipt of such written notice.

Appears in 2 contracts

Samples: Patent License Agreement (Vir Biotechnology, Inc.), Patent License Agreement (Vir Biotechnology, Inc.)

Dispute Escalation. In the event of a dispute between the Parties, the Parties will first attempt in good faith to resolve such dispute by negotiation and consultation between themselves or the Workplan Leadersthemselves. In the event that such dispute is not resolved on an informal basis within [*****], any Party may, by written notice to the other, have such dispute referred to each Party’s Chief Executive Officer or his or her designee (who will be a senior executive “Executive Officers”executive), who will attempt in good faith to resolve such dispute by negotiation and consultation for a [*****] period following receipt of such written notice.

Appears in 1 contract

Samples: License Agreement (CureVac B.V.)

Dispute Escalation. In the event of a dispute Dispute between the Parties, the Parties will first attempt in good faith to resolve such dispute Dispute by negotiation and consultation between themselves or at the Workplan LeadersJSC. In the event that such dispute Dispute is not resolved on an informal basis within [...**]*...] from receipt of the written notice of a Dispute, any Party may, by written notice to the other, have such dispute Dispute referred to each Party’s Chief Executive Officer or his or her designee (who will be a senior executive “the Executive Officers”), who will attempt in good faith to resolve such dispute Dispute by negotiation and consultation for a [...***...] period following receipt of such written notice.

Appears in 1 contract

Samples: Collaboration and License Agreement (Xencor Inc)

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Dispute Escalation. In the event of a dispute Dispute between the Parties, the Parties will shall first attempt in good faith to resolve such dispute Dispute by negotiation and consultation between themselves or the Workplan Leadersthemselves. In the event that such dispute Dispute is not resolved on an informal basis within [**]*] from receipt of the written notice of a Dispute, any Party either party may, by written notice to the other, have such dispute Dispute referred to each Party’s the Chief Executive Officer of each Party (or his or her the designee (who will be a senior executive “of the Chief Executive Officers”Officer, which designee is required to have decision-making authority on behalf of such Party), who will shall attempt in good faith to resolve such dispute Dispute by negotiation and consultation for a [***] period following receipt of such written notice.

Appears in 1 contract

Samples: License Agreement (Ikena Oncology, Inc.)

Dispute Escalation. In the event of a dispute between the Parties, the Parties will first attempt in good faith to resolve such dispute by negotiation and consultation between themselves or the Workplan Leadersthemselves. In the event that such dispute is not resolved on an informal basis within [***] ([***]) days, any Party may, by written notice to the other, have such dispute referred to each Party’s Chief Executive Officer (or his or her designee (who will be a senior executive executive) (“Executive Officers”), who will attempt in good faith to resolve such dispute by negotiation and consultation for a [***] ([***]) day period following receipt of such written notice.

Appears in 1 contract

Samples: Non Exclusive License Agreement (Omega Therapeutics, Inc.)

Dispute Escalation. In the event of a dispute Dispute between the Parties, the Parties will first attempt in good faith to resolve such dispute Dispute by negotiation and consultation between themselves or the Workplan Leadersthemselves. In the event that such dispute Dispute is not resolved on an informal basis within [***] ([***]) days from receipt of the written notice of a Dispute, any Party may, by written notice to the other, have such dispute Dispute referred to each the Executive Officers (or their designee, which designee is required to have decision-making authority on behalf of such Party’s Chief Executive Officer or his or her designee (who will be a senior executive “Executive Officers”), who will attempt in good faith to resolve such dispute Dispute by negotiation and consultation for a [***] ([***]) day period following receipt of such written notice.

Appears in 1 contract

Samples: Option and Collaboration Agreement (Social Capital Suvretta Holdings Corp. I)

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