Common use of Negotiation Between Responsible Executives Clause in Contracts

Negotiation Between Responsible Executives. In the event of any dispute between the Parties arising out of or related to this Agreement, the Parties shall refer such dispute to the Responsible Executive of Santarus and the Responsible Executive of Patheon for attempted resolution by good faith executive negotiations within thirty (30) days after such referral is made. In the event such officers are unable to resolve such dispute within such thirty (30) day period, then the Parties will subject themselves to the arbitration procedures set forth below before seeking any other means of resolving the dispute.

Negotiation Between Responsible Executives. In the event of any dispute between the Parties arising out of or related to this Agreement, the Parties shall refer such dispute to the Responsible Executive of Santarus and the Responsible Executive of Patheon Manufacturer for attempted resolution by good faith executive negotiations within thirty (30) days after such referral is made. In the event such officers are unable to resolve such dispute within such thirty (30) day period, then the Parties will subject themselves to the arbitration procedures set forth below before seeking any other means of resolving the dispute.