Common use of Dispute Escalation Clause in Contracts

Dispute Escalation. In the event of a Dispute between the Parties, the Parties will first attempt to resolve such dispute by negotiation and consultation between themselves or the JSC. In the event that such dispute is not resolved on an informal basis within [***] days from receipt of the written notice of a Dispute, any Party may, by written notice to the other, have such dispute referred to the Executive Officers (or their designees, which designee is required to have decision-making authority on behalf of such Party), who will attempt to resolve such Dispute by negotiation and consultation for a [***] day period following receipt of such written notice.

Appears in 9 contracts

Sources: Master Collaboration and License Agreement, Services and Collaboration Agreement (Moderna, Inc.), Master Collaboration and License Agreement (Moderna, Inc.)

Dispute Escalation. In the event of a Dispute between the Parties, the Parties will first attempt in good faith to resolve such dispute by negotiation and consultation between themselves or the JSCthemselves. In the event that such dispute is not resolved on an informal basis within [***] days from receipt of the written notice of a Dispute, any Party may, by written notice to the other, have such dispute referred to the Executive Officers (or their designees, which designee is required to have decision-making authority on behalf of such Party), who will attempt in good faith to resolve such Dispute by negotiation and consultation for a [***] day period following receipt of such written notice.

Appears in 5 contracts

Sources: License Agreement (Caribou Biosciences, Inc.), License Agreement (Caribou Biosciences, Inc.), License Agreement (Intellia Therapeutics, Inc.)

Dispute Escalation. In the event of a Dispute dispute between the Parties, the Parties will first attempt in good faith to resolve such dispute by negotiation and consultation between themselves or the JSCWorkplan Leaders. In the event that such dispute is not resolved on an informal basis within [***] days from receipt of the written notice of a Dispute([***]) days, any Party may, by written notice to the other, have such dispute referred to the each Party’s Chief Executive Officers Officer or his or her designee (or their designees, which designee is required to have decision-making authority on behalf of such Partywho will be a senior executive), who will attempt in good faith to resolve such Dispute dispute by negotiation and consultation for a [***] ([***]) day period following receipt of such written notice.

Appears in 2 contracts

Sources: Development and Option Agreement (Omega Therapeutics, Inc.), Development and Option Agreement (Omega Therapeutics, Inc.)

Dispute Escalation. In the event of a Dispute between the Parties, the Parties will first attempt to resolve such dispute Dispute by negotiation and consultation between themselves or the JSCthemselves. In the event that such dispute Dispute is not resolved on an informal basis within [***] days from receipt of the written notice of a Dispute, any Party may, by written notice to the other, have such dispute Dispute referred to the Executive Officers (or their designeesdesignee, which designee is required to have decision-making authority on behalf of such Party), who will attempt to resolve such Dispute by negotiation and consultation for a [***] day period following receipt of such written notice.

Appears in 1 contract

Sources: Collaboration and License Agreement (aTYR PHARMA INC)

Dispute Escalation. In the event of a Dispute dispute between the Parties, the Parties will first attempt in good faith to resolve such dispute by negotiation and consultation between themselves or the JSCProgram directors. In the event that such dispute is not resolved on an informal basis within [*****] days from receipt of the written notice of a Disputedays, any either Party may, by written notice to the other, have such dispute referred to each Party’s Chief Executive Officer or his or her designee (who will be a senior executive with the Executive Officers (or their designees, which designee is required appropriate authority to have decision-making authority on behalf of determine the matter for such Party), who will attempt in good faith to resolve such Dispute dispute by negotiation and consultation for a [*****] day period following receipt of such written notice.

Appears in 1 contract

Sources: Development and Option Agreement (CureVac B.V.)

Dispute Escalation. In the event of a Dispute dispute between the Parties, the Parties will first attempt in good faith to resolve such dispute by negotiation and consultation between themselves or the co-chairpersons of the JSC. In the event that such dispute is not resolved on an informal basis within [***] days from receipt of the written notice of a Disputedays, any Party may, by written notice to the other, have such dispute referred to each Party’s Chief Executive Officer or his or her designee (who will be a senior executive with the Executive Officers (or their designees, which designee is required appropriate authority to have decision-making authority on behalf of determine the mater for such Party), who will attempt in good faith to resolve such Dispute dispute by negotiation and consultation for a [***] day period following receipt of such written notice.

Appears in 1 contract

Sources: Co Development and Co Commercialization Agreement (Arcturus Therapeutics Ltd.)

Dispute Escalation. In the event of a Dispute dispute between the Parties, the Parties will first attempt in good faith to resolve such dispute by negotiation and consultation between themselves or the JSCProgram directors. In the event that such dispute is not resolved on an informal basis within [***] days from receipt of the written notice of a Disputedays, any either Party may, by written notice to the other, have such dispute referred to each Party’s Chief Executive Officer or his or her designee (who will be a senior executive with the Executive Officers (or their designees, which designee is required appropriate authority to have decision-making authority on behalf of determine the matter for such Party), who will attempt in good faith to resolve such Dispute dispute by negotiation and consultation for a [***] day period following receipt of such written notice.

Appears in 1 contract

Sources: Development and Option Agreement (Arcturus Therapeutics Ltd.)