Common use of Dispute Resolution & Venue Clause in Contracts

Dispute Resolution & Venue. (a) Except as provided in Paragraph 10 above, in the event of any controversy arising out of or relating to this Agreement or any breach hereof, the parties shall first use their diligent and good faith efforts to resolve the dispute by exchanging relevant information and negotiating in good faith; provided, however, that if such dispute is not resolved within 30 days to the mutual satisfaction of the parties (unless such negotiation period is extended by mutual consent of the parties), the dispute shall be settled exclusively by binding arbitration before the American Arbitration Association (“AAA”) in accordance with its Commercial Arbitration Rules as they may be amended from time to time, and any judgment on such arbitration award may be entered into any court having jurisdiction thereof and shall be binding upon the parties thereto. The arbitration shall be conducted in Philadelphia, Pennsylvania at a specific location to be agreed to by the parties, or if no agreement can be reached, in the Philadelphia office of the AAA. (b) Each party shall appoint a representative as a relationship manager who shall be responsible for this business relationship as well as for managing this Agreement and questions relating to the Global Registry Subscription Agreement (the “Relationship Manager”). The Relationship Managers may coordinate meetings at mutually agreeable times to review and coordinate the responsibilities hereunder. The initial Relationship Managers (which may change from time to time on written notice by the respective party) shall be: For Company:

Dispute Resolution & Venue. (a) Except as provided in Paragraph 10 above, in the event of any controversy arising out of or relating to this Agreement or any breach hereof, the parties shall first use their diligent and good faith efforts to resolve the dispute by exchanging relevant information and negotiating in good faith; provided, however, that if such dispute is not resolved within 30 days to the mutual satisfaction of the parties (unless such negotiation period is extended by mutual consent of the parties), the dispute shall be settled exclusively by binding arbitration before the American Arbitration Association (“AAA”) in accordance with its Commercial Arbitration Rules as they may be amended from time to time, and any judgment on such arbitration award may be entered into any court having jurisdiction thereof and shall be binding upon the parties thereto. The arbitration shall be conducted in Philadelphia, Pennsylvania at a specific location to be agreed to by the parties, or if no agreement can be reached, in the Philadelphia office of the AAA. (b) Each party shall appoint a representative as a relationship manager who shall be responsible for this business relationship as well as for managing this Agreement and questions relating to the Global Registry Subscription Agreement (the “Relationship Manager”). The Relationship Managers may coordinate meetings at mutually agreeable times to review and coordinate the responsibilities hereunder. The initial Relationship Managers (which may change from time to time on written notice by the respective party) shall be: For GS1 GDSN: Xxxxx Xxxxxxx For Company:

Dispute Resolution & Venue. (a) Except as provided in Paragraph 10 above, in the event of any controversy arising out of or relating to this Agreement or any breach hereof, the parties shall first use their diligent and good faith efforts to resolve the dispute by exchanging relevant information and negotiating in good faith; provided, however, that if such dispute is not resolved within 30 days to the mutual satisfaction of the parties (unless such negotiation period is extended by mutual consent of the parties), the dispute shall be settled exclusively by binding arbitration before the American Arbitration Association (“AAA”) in accordance with its Commercial Arbitration Rules as they may be amended from time to time, and any judgment on such arbitration award may be entered into any court having jurisdiction thereof and shall be binding upon the parties thereto. The arbitration shall be conducted in Philadelphia, Pennsylvania at a specific location to be agreed to by the parties, or if no agreement can be reached, in the Philadelphia office of the AAA. (b) Each party shall appoint a representative as a relationship manager who shall be responsible for this business relationship as well as for managing this Agreement and questions relating to the Global Registry Subscription Agreement (the “Relationship Manager”). The Relationship Managers may coordinate meetings at mutually agreeable times to review and coordinate the responsibilities hereunder. The initial Relationship Managers (which may change from time to time on written notice by the respective party) shall be: For GS1 Data Excellence: Xxxxxx Xxxxxxx, President, GS1 Data Excellence, Inc. For Company: