Common use of Additional Dispute Resolution Terms Clause in Contracts

Additional Dispute Resolution Terms. (a) The Parties agree that written or oral statements or offers of settlement made in the course of the Dispute Resolution Process provided in this Section will: (i) be Confidential Information; (ii) not be offered into evidence, disclosed, or used for any purpose in any formal proceeding; and (iii) not constitute an admission or waiver of rights. (b) The Parties will promptly return to the other, upon request, any such written statements or offers of settlement, including all copies thereof.