Good Faith Consultation. In the event of a dispute between the Parties, the Parties shall attempt in good faith to settle such dispute through mutual consultation. If, after such consultation, the dispute cannot be resolved, the Parties shall wait for not less than sixty (60) days after the dispute arises and at the end of such period meet for a second consultation. If the dispute is not resolved after the second consultation, the matter shall be referred to the Senior Vice President (Corn Processing and Food Specialties) of ADM Sub and the Chief Executive Officer of MBX (together, the "Senior Executives") for resolution in accordance with Section 11.3.2.
Appears in 2 contracts
Samples: Alliance and Option Agreement (Metabolix, Inc.), Alliance and Option Agreement (Metabolix, Inc.)
Good Faith Consultation. In the event of a dispute between the Parties, the Parties shall attempt in good faith to settle such dispute through mutual consultation. If, after such consultation, the dispute cannot be resolved, the Parties shall wait for not less than sixty (60) days after the dispute arises and at the end of such period meet for a second consultation. If the dispute is not resolved after the second consultation, the matter shall be referred to the Senior Vice * CONFIDENTIAL TREATMENT REQUESTED President (Corn Processing and Food Specialties) of ADM Sub and the Chief Executive Officer of MBX (together, the "Senior Executives") for resolution in accordance with Section 11.3.214.4.2.
Appears in 1 contract
Samples: Alliance Agreement (Metabolix, Inc.)
Good Faith Consultation. In the event of a dispute between the Parties, the Parties shall attempt in good faith to settle such dispute through mutual consultation. If, after such consultation, the dispute cannot be resolved, the Parties shall wait for not less than sixty (60) days after the dispute arises and at the end of such period meet for a second consultation. If the dispute is not resolved after the second consultation, the matter shall be referred to the Senior Vice President (Corn Processing and Food Specialties) of ADM Sub and the Chief Executive Officer of MBX (together, the "Senior Executives") for resolution in accordance with Section 11.3.214.4.2.
Appears in 1 contract
Samples: Alliance Agreement (Metabolix Inc)