Meeting between the Principals Clause Samples
The 'Meeting between the Principals' clause establishes a requirement for the main decision-makers or representatives of the contracting parties to meet, typically to discuss and resolve significant issues that arise during the course of the agreement. This clause may specify when such meetings should occur, such as upon request by either party or after a dispute has escalated beyond routine management. By mandating direct communication at a high level, the clause aims to facilitate efficient problem-solving and prevent misunderstandings from escalating, ultimately supporting smoother contract administration and dispute resolution.
Meeting between the Principals. If either party disagrees with the Department’s decision, such disagreeing party shall notify the other party of the disagreement within ten (10) Business Days. The parties shall then schedule a meeting between each party’s principal (for the Department, the Department head or designee; for the Contractor, the Chief Executive Officer or designee) on a mutually agreed upon date, no later than ten (10) Business Days after the provision of the notice. The principals shall attempt to mutually resolve the disagreement at such meeting.