Common use of Mediation Committee Clause in Contracts

Mediation Committee. The Chief Executive Officers or Presidents of the parties shall constitute the mediation committee (the "Mediation Committee"). In the event any dispute or controversy arises under, out of, in connection with or in relation to this Agreement or any amendments or proposed amendment thereto or any breach thereof the parties agree that, before any party initiates arbitration proceedings pursuant to Section 10.6, it shall give the other party notice and shall demand that the members of the Mediation Committee attempt to resolve the matter amicably. If the Mediation Committee is unable to resolve a matter within ten (10) days of submission of the matter to it via telephone, telefax or other written or oral contact, the Mediation Committee shall meet in person, not later than twenty (20) days following submission of the matter to it, at a mutually convenient place to attempt in good faith to resolve the dispute. If the Mediation Committee is unable to resolve a dispute, unless a mutually acceptable extension is agreed upon by the Mediation Committee, either side shall have the right, but not the obligation, to initiate arbitration proceedings respecting the matter under review, in accordance with Section 10.6 herein.

Mediation Committee. The Chief Executive Officers or Presidents of the parties shall constitute the mediation committee (the "Mediation Committee"). In the event any dispute or controversy arises under, out of, in connection with or in relation to this Agreement or any amendments or proposed amendment thereto or any breach thereof the parties agree that, before any party initiates arbitration proceedings pursuant to Section 10.69.6, it shall give the other party notice and shall demand that the members of the Mediation Committee attempt to resolve the matter amicably. If the Mediation Committee is unable to resolve a matter within ten (10) days of submission of the matter to it via telephone, telefax or other written or oral contact, the Mediation Committee shall meet in person, not later than twenty (20) days following submission of the matter to it, at a mutually convenient place to attempt in good faith to resolve CONFIDENTIAL TREATMENT - NOTED BY * AND STRIKE-THROUGH the dispute. If the Mediation Committee is unable to resolve a dispute, unless a mutually acceptable extension is agreed upon by the Mediation Committee, either side shall have the right, but not the obligation, to initiate arbitration proceedings respecting the matter under review, in accordance with Section 10.6 9.6 herein.

Mediation Committee. The Chief Executive Officers or Presidents of the parties shall constitute the mediation committee (the "Mediation Committee"). In the event any dispute or controversy arises under, out of, in connection with or in relation to this Agreement or any amendments or proposed amendment thereto or any breach thereof the parties agree that, before any party initiates arbitration proceedings pursuant to Section 10.69.6, it shall give the other party notice and shall demand that the members of the Mediation Committee attempt to resolve the matter amicably. If the Mediation Committee is unable to resolve a matter within ten (10) days of submission of the matter to it via telephone, telefax or other written or oral contact, the Mediation Committee shall meet in person, not later than twenty (20) days following submission of the matter to it, at a mutually convenient place to attempt in good faith to resolve the dispute. If the Mediation Committee is unable to resolve a dispute, unless a mutually acceptable extension is agreed upon by the Mediation Committee, either side shall have the right, but not the obligation, to initiate arbitration proceedings respecting the matter under review, in accordance with Section 10.6 9.6 herein.