Common use of Executive Mediation Clause in Contracts

Executive Mediation. Prior to submitting any dispute arising out of or related to this Agreement to arbitration pursuant to Section 13.2, the matter shall be submitted to the Chief Executive Officers of the parties for resolution. If such officers are unable to resolve the matter directly, they may, by mutual agreement utilize such dispute resolution methods, including mediation, as are mutually agreed. If no resolution is reached within fifteen (15) days following submission of such dispute to such officers, unless otherwise mutually agreed, the dispute shall be submitted to arbitration pursuant to Section 13.2.

Appears in 3 contracts

Samples: Agreement (Chiron Corp), Agreement (Gen Probe Inc), Agreement (Gen Probe Inc)

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Executive Mediation. Prior to submitting any dispute arising out of or related to this Agreement to arbitration pursuant to Section 13.211.2, the matter shall be submitted to the Chief Executive Officers of the parties for resolution. If such officers are unable to resolve the matter directly, they may, by mutual agreement agreement, utilize such dispute resolution methods, including mediation, as are mutually agreed. If no resolution is reached within fifteen (15) days following submission of such dispute to such officers, unless otherwise mutually agreed, the dispute shall be submitted to arbitration pursuant to Section 13.211.2.

Appears in 2 contracts

Samples: Restated Agreement (Gen Probe Inc), Restated Agreement (Gen Probe Inc)

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