Executive Negotiation. (a) The Executive Negotiators must within: (i) 10 Business Days of service of a Notice of Dispute; or (ii) such longer period of time as the Executive Negotiators may agree in writing, meet and undertake genuine and good faith negotiations with a view to resolving the Dispute. (b) The Executive Negotiators must have authority to agree to a resolution of the Dispute. (c) The meeting will be held in any one of the following forums, as reasonably determined by the Principal: (i) by phone (including by teleconference); (ii) by videoconference; or (iii) in person (at a place reasonably nominated by the Principal). (d) The joint decision (if any) of the Executive Negotiators will be reduced to writing and will be contractually binding on the parties.
Appears in 5 contracts
Samples: Refund Point Agreement, Refund Point Agreement, Material Recovery Agreement
