Initial Negotiations Clause Samples

The Initial Negotiations clause establishes the framework and procedures for the parties to engage in preliminary discussions before entering into a formal agreement. It typically outlines the scope of topics to be discussed, sets timelines for these negotiations, and may specify confidentiality obligations or the non-binding nature of the talks. This clause helps ensure that both parties have a clear understanding of the negotiation process, reducing misunderstandings and setting expectations before any binding commitments are made.
Initial Negotiations. Company and Executive agree to resolve all disputes arising out of their employment relationship by the following alternative dispute resolution process: (a) the Company and Executive agree to seek a fair and prompt negotiated resolution; but if this is not possible, (b) all disputes shall be resolved by binding arbitration; provided, however, that during this process, at the request of either Party, made not later than 60 days after the initial arbitration demand, the Parties agree to attempt to resolve any dispute by non-binding, third-party intervention, including either mediation or evaluation or both but without delaying the arbitration hearing date. BY ENTERING INTO THIS EMPLOYMENT AGREEMENT, BOTH PARTIES GIVE UP THEIR RIGHT TO HAVE THE DISPUTE DECIDED IN COURT BY A JUDGE OR JURY.
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Initial Negotiations. Company and Employee agree to resolve all disputes arising out of their employment relationship by the following alternative dispute resolution process: (a) the Company and Employee agree to seek a fair and prompt negotiated resolution; but if this is not possible, (b) all disputes shall be resolved by binding arbitration; provided, however, that during this process, at the request of either Party, made not later than 60 days after the initial arbitration demand, the Parties agree to attempt to resolve any dispute by non-binding, third-party intervention, including either mediation or evaluation or both but without delaying the arbitration hearing date. BY ENTERING INTO THIS EMPLOYMENT AGREEMENT, BOTH PARTIES GIVE UP THEIR RIGHT TO HAVE THE DISPUTE DECIDED IN COURT BY A JUDGE OR JURY.
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Initial Negotiations. The executive officers in charge of the Parties shall meet as often as shall reasonably be required to review the performance of the parties under this Agreement and to resolve any disputes. If these representatives are unable to resolve a dispute within **** calendar days after the initial request for a meeting, then the dispute shall be submitted to executive-level negotiations as described in Section 19.02;
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Initial Negotiations. In the event that Orion chooses to launch a Successor Satellite to succeed Orion 3, subject to Section 10.4(b), DACOM shall have the option to acquire the right to use capacity on the Successor Satellite equivalent to the capacity acquired by DACOM on Orion 3 hereunder for a period of 13 years after the commencement date for such Successor Satellite, on terms and conditions substantially equivalent to those contained in this Agreement (except charges and payments, and except terms and conditions not applicable because of different or changed conditions). DACOM may exercise such option by notice to Orion given within ninety (90) days after Orion notifies DACOM of Orion's intention to launch a Successor Satellite. Such notice by Orion shall be given at least ____________________ days before Orion notifies the satellite manufacturer to proceed under its contract to manufacture the Successor Satellite but not earlier than __________ months prior to the end of the Term. DACOM and Orion agree to negotiate for a period of up to six (6) months in good faith with respect to the fees and charges to be paid by DACOM and the other terms and conditions relating to such agreement between them, taking into account the particular characteristics of the Successor Satellite and the transponders thereon, the costs to Orion of acquiring and operating the Successor Satellite, practices then common in the industry, and other relevant factors ("The Initial Negotiations"). Such Initial Negotiations shall be conducted on a mutually cooperative basis in consideration of the prior relationship of DACOM and Orion during the Term hereof. If Initial Negotiations are not successfully concluded with a binding agreement within such six (6) month period, neither Party shall have any further rights or obligations regarding Successor Satellites pursuant to this Section 2.4, except as set forth in Section 2.4 (b).
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Initial Negotiations 
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Related to Initial Negotiations

  • Mutual Negotiations This Agreement and the other Transaction Documents are the product of mutual negotiations by the parties thereto and their counsel, and no party shall be deemed the draftsperson of this Agreement or any other Transaction Document or any provision hereof or thereof or to have provided the same. Accordingly, in the event of any inconsistency or ambiguity of any provision of this Agreement or any other Transaction Document, such inconsistency or ambiguity shall not be interpreted against any party because of such party’s involvement in the drafting thereof.

  • No Negotiations Neither Company nor any Shareholder will directly or indirectly (through a representative or otherwise) solicit or furnish any information to any prospective buyer, commence, or conduct presently ongoing, negotiations with any other party or enter into any agreement with any other party concerning the sale of Company, Company's assets or business or any part thereof or any equity securities of Company (an "acquisition proposal"), and Company and Shareholders shall immediately advise Buyer of the receipt of any acquisition proposal.

  • Informal Negotiations To expedite resolution and control the cost of any dispute, controversy, or claim related to these Terms of Use (each a "Dispute" and collectively, the “Disputes”) brought by either you or us (individually, a “Party” and collectively, the “Parties”), the Parties agree to first attempt to negotiate any Dispute (except those Disputes expressly provided below) informally for at least thirty (30) days before initiating arbitration. Such informal negotiations commence upon written notice from one Party to the other Party.

  • Other Negotiations Following the date hereof and until termination of this Agreement pursuant to Section 9.1, Target will not (and it will not permit any of its officers, directors, employees, agents and Affiliates on its behalf to) take any action to solicit, initiate, seek, encourage or support any inquiry, proposal or offer from, furnish any information to, or participate in any negotiations with, any corporation, partnership, person or other entity or group (other than Acquiror) regarding any acquisition of Target, any merger or consolidation with or involving Target, or any acquisition of any material portion of the stock or assets of Target or any material license of Target Proprietary Rights (any of the foregoing being referred to in this Agreement as an "ACQUISITION TRANSACTION") or enter into an agreement concerning any Acquisition Transaction with any party other than Acquiror. If between the date of this Agreement and the termination of this Agreement pursuant to Section 9.1, Target receives from a third party any offer or indication of interest regarding any Acquisition Transaction, or any request for information regarding any Acquisition Transaction, Target shall (i) notify Acquiror immediately (orally and in writing) of such offer, indication of interest or request, including the identity of such party and the full terms of any proposal therein, and (ii) notify such third party of Target's obligations under this Agreement.

  • Contract Negotiations Where operational requirements permit, and on reasonable notice, the Employer shall grant special leave with pay for not more than two (2) representatives of each bargaining unit for the purpose of attending contract negotiation meetings with the Employer on behalf of the Union. Such permission shall not be unreasonably withheld.