Settlement Discussion Clause Samples
A Settlement Discussion clause establishes the framework for parties to engage in negotiations aimed at resolving disputes before resorting to formal legal proceedings. Typically, it outlines procedures such as requiring written notice of a dispute, setting timeframes for initiating discussions, and specifying who should participate in the negotiations. The core function of this clause is to encourage amicable resolution and reduce litigation costs by providing a structured opportunity for parties to settle disagreements informally.
Settlement Discussion i. Prior to a grievance being heard at arbitration, either party may request in writing a meeting with the College President to review the issues in grievance.
ii. Where the parties agree to hold such a meeting, it shall be held within twenty (20) working days of the request, and prior to the commencement of the arbitration hearing. The scheduling of this meeting will not impact the previously scheduled arbitration dates.
iii. Each party shall determine who shall attend the meeting on its behalf and shall notify the other party in advance of the meeting.
iv. Legal Counsel shall not attend Settlement Discussions.
v. The meeting is intended to discuss related matters and explore avenues for settlement and is to be conducted on a without prejudice and precedent basis.
vi. In the event that a settlement is reached or pending, the College President will provide a written response to that effect within five (5) working days.
vii. Nothing about the previous shall preclude informal discussions or formal mediation.
Settlement Discussion. Whenever possible, the Union ▇▇▇▇ discuss complaints with Management prior to filing a formal grievance. If a matter cannot be resolved through discussion, the grievance procedure shall be as follows: One The grievance shall be referred, in writing, signed by the Union, to the Branch Manager within ten (10) calendar days of its occurrence in order to be considered as such. The Branch Manager shall render his written decision within seven (7) calendar days of the hearing. Step Two A grievance that is unresolved at the Branch Manager level may be referred, in writing, to the General Manager. The General Manager shall hear the Grievance within thirty (30) calendar days and shall render his decision, in writing, within seven (7) calendar days of the hearing. Step Three A grievance that is unresolved at the General Manager's, level may be referred, in writing, to the City Manager who shall render a written decision within thirty (30) calendar days from the date of referral. Step Four A grievance that is unresolved at the City Manager's level may be referred to City Council or it may be referred to arbitration by notifying the General Manager of Corporate Services in writing. Such referral must be made within forty-five (45) calendar days of the City Manager's written decision or City Council's written decision, as applicable. The above time limits may be changed by mutual agreement between the parties.
Settlement Discussion. This Agreement and the agreements contemplated hereby are a compromise of disputes and claims and nothing herein or therein shall be deemed or construed to be an admission or concession of any rights whatsoever on the part of any individual or entity whatsoever. None of this Agreement, any of the agreements contemplated herein, or any evidence of any negotiations in connection with this Agreement or any of the agreements contemplated herein shall be offered or received in evidence or used in any way in any legal proceeding or other action except to enforce the terms and provisions hereof.
Settlement Discussion. 40 12.13 Guaranty........................................................................................ 40 ASSET PURCHASE AGREEMENT This Asset Purchase Agreement (this "Agreement") is made and entered into as of March 7, 2001, by and among Lernout & Hauspie Speech Products N.V., a corporation organized and existing under the laws of the Kingdom of Belgium ("L&H"), L&H Holdings USA, Inc., a corporation organized and existing under the laws of the State of Delaware ("Holdings") and L&H Automotive, Inc., a corporation organized and existing under the laws of the State of Delaware ("Automotive"), on the one hand (L&H, Holdings, Automotive and R&D are together and individually referred to herein as "Seller"), Visteon Acquisition Corp., a corporation organized and existing under the laws of the State of Delaware, on the other hand ("Buyer"), and Visteon Corporation, a corporation organized and existing under the laws of the State of Delaware ("Visteon") as guarantor of the obligations of Buyer hereunder.