Common use of Notice; Process Clause in Contracts

Notice; Process. A party who intends to seek arbitration must first send a written notice of the dispute to the other party by U.S. Mail (“Notice”). Tokensoft’s address for Notice is: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ or by email at ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇ Attn: Chief Executive Officer. The Notice must: (i) describe the nature and basis of the claim or dispute; and (ii) set forth the specific relief sought (“Demand”). The parties will make good faith efforts to resolve the claim directly, but if the parties do not reach an agreement to do so within 30 days after the Notice is received, then you or Tokensoft may commence an arbitration proceeding. During the arbitration, the amount of any settlement offer made by you or Tokensoft must not be disclosed to the arbitrator until after the arbitrator makes a final decision and award, if any. If the dispute is finally resolved through arbitration in your favor with a monetary award that exceeds the last written settlement amount offered by ▇▇▇▇▇▇▇▇▇ prior to selection of an arbitrator, then Tokensoft will pay you the highest of the following: (1) the amount awarded by the arbitrator, if any; (2) the last written settlement amount offered by ▇▇▇▇▇▇▇▇▇ in settlement of the dispute prior to the arbitrator’s award; or (3) $15,000.

Notice; Process. A party who intends to seek arbitration must first send a written notice of the dispute to the other party by U.S. Mail (“Notice”). TokensoftTokenSoft’s address for Notice is: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ PMB ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ or by email at ▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇ Attn: Chief Executive Officer. The Notice must: (i) describe the nature and basis of the claim or dispute; and (ii) set forth the specific relief sought (“Demand”). The parties will make good faith efforts to resolve the claim directly, but if the parties do not reach an agreement to do so within 30 days after the Notice is received, then you or Tokensoft TokenSoft may commence an arbitration proceeding. During the arbitration, the amount of any settlement offer made by you or Tokensoft TokenSoft must not be disclosed to the arbitrator until after the arbitrator makes a final decision and award, if any. If the dispute is finally resolved through arbitration in your favor with a monetary award that exceeds the last written settlement amount offered by ▇▇▇▇▇▇▇▇▇ prior to selection of an arbitrator, then Tokensoft TokenSoft will pay you the highest of the following: (1) the amount awarded by the arbitrator, if any; (2) the last written settlement amount offered by ▇▇▇▇▇▇▇▇▇ TokenSoft in settlement of the dispute prior to the arbitrator’s award; or (3) $15,000.

Notice; Process. A party who intends to seek arbitration must first send a written notice of the dispute to the other party by certified U.S. Mail or email (“Notice”). TokensoftYipit’s address for Notice is: Yipit, LLC, ▇▇ ▇▇▇▇ ▇. ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇ , ▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ or by email at ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇ Attn: Chief Executive Officer▇. The Notice must: (ia) describe the nature and basis of the claim or dispute; and (iib) set forth the specific relief sought (“Demand”). The parties will make good faith efforts to resolve the claim directly, but if the parties do not reach an agreement to do so within 30 days after the Notice is received, then you Customer or Tokensoft Yipit may commence an arbitration proceeding. During the arbitration, the amount of any settlement offer made by you Customer or Tokensoft Yipit must not be disclosed to the arbitrator until after the arbitrator makes a final decision and award, if any. If the dispute is finally resolved through arbitration in your Customer’s favor with a monetary award that exceeds the last written settlement amount offered by ▇▇▇▇▇▇▇▇▇ Yipit prior to selection of an arbitrator, then Tokensoft Yipit will pay you Customer the highest of the following: (1i) the amount awarded by the arbitrator, if any; (2ii) the last written settlement amount offered by ▇▇▇▇▇▇▇▇▇ Yipit in settlement of the dispute prior to the arbitrator’s award; or (3iii) $15,000.