Reference to Senior Executives Sample Clauses

The 'Reference to Senior Executives' clause establishes a process for escalating disputes or unresolved issues within a contract to higher-level management, typically senior executives of the involved parties. In practice, this means that if lower-level negotiations fail to resolve a disagreement, the matter must be formally referred to designated senior executives, who are then required to meet and attempt to reach a resolution within a specified timeframe. This clause serves to encourage amicable settlement at a higher organizational level before resorting to litigation or arbitration, thereby promoting efficient dispute resolution and potentially preserving business relationships.
Reference to Senior Executives. If the dispute is not promptly resolved, it shall be referred to the Manager, Claims Management Health Procurement ACC, and the Director, National Health Purchasing, National Health Board Ministry of Health and the chief executive of the Provider jointly to seek agreement upon a resolution.
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Reference to Senior Executives. If the dispute is not promptly resolved, it shall be referred to the Manager, Claims Management Health Procurement ACC, and the Director, National Health Purchasing, National Health Board Ministry of Health and the chief executive of the Provider jointly to seek agreement upon a resolution. If the dispute is unable to be resolved by agreement, either Party may, in writing, request that the dispute be referred to mediation. If the other Party does not wish the dispute to be referred to mediation or if it is not possible to agree on a mediator within 10 working days or to resolve the dispute through mediation, either Party may refer the dispute for determination by arbitration of a single arbitrator (to be appointed by the President of the NZ Law Society if not agreed within 10 working days of reference) under the Arbitration ▇▇▇ ▇▇▇▇.
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Reference to Senior Executives. If a Deadlock arises, the parties involved in the Deadlock must escalate the matter to: (a) the senior executives of the SPV, Limited and ABN who are: (i) in respect of the SPV - ; and (ii) in respect of Limited and ABN, ▇▇▇▇▇▇ ▇▇▇▇▇▇; and
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Related to Reference to Senior Executives

  • Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.

  • Perquisites During the Employment Period, Executive shall be entitled to receive such perquisites as are generally provided to other senior officers of the Company in accordance with the then current policies and practices of the Company.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • Salary and Fringe Benefits The employee shall be paid a salary which is the pro- rata share of the salary which the employee would have earned had he or she not elected to exercise the option of reduced workload. The employee shall retain all other rights and benefits enjoyed by full-time members of the unit.

  • Severance Plan The term “Severance Plan” shall mean the Assured Guaranty Ltd. Executive Severance Plan.