Common use of Resolution by the Presidents Clause in Contracts

Resolution by the Presidents. (i) If the Implementation Committee fails to resolve a disagreement within thirty (30) days of the delivery of the written notice provided in section 7.4.1(i) of this Agreement, or such shorter or longer time as agreed by the Parties, or fails to resolve a disagreement arising at the Implementation Committee level, the Implementation Committee shall provide to the president of each Party a report outlining the facts and issues of the disagreement. (ii) The presidents shall have thirty (30) days from the date of receipt of the report or such shorter or longer time as agreed by the presidents to resolve the disagreement. (iii) The presidents, in their mutual discretion and under such terms and conditions as they deem appropriate, may jointly nominate a neutral third party to fact-find and make recommendations to assist them in resolving the disagreement, the costs of which shall be paid for by AEM. If the disagreement is resolved, the presidents shall send a record of settlement to the Implementation Committee for implementation.

Appears in 3 contracts

Samples: Impact & Benefit Agreement, Inuit Impact & Benefit Agreement, Impact & Benefit Agreement

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Resolution by the Presidents. (i) If the Implementation Committee fails to resolve a disagreement within thirty (30) days of the delivery of the written notice provided in section 7.4.1(i9.4.1(i) of this Agreement, or such shorter or longer time as agreed by the Parties, or fails to resolve a disagreement arising at the Implementation Committee level, the Implementation Committee shall provide to the president of each Party a report outlining the facts and issues of the disagreement. (ii) The presidents shall have thirty (30) days from the date of receipt of the report or such shorter or longer time as agreed by the presidents to resolve the disagreement. (iii) The presidents, in their mutual discretion and under such terms and conditions as they deem appropriate, may jointly nominate a neutral third party to fact-find and make recommendations to assist them in resolving the disagreement, the costs of which shall be paid for by AEM. If the disagreement is resolved, the presidents shall send a record of settlement to the Implementation Committee for implementation.

Appears in 1 contract

Samples: Inuit Impact & Benefit Agreement

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