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Provision to Resolve Contract Disputes

Disputes will first go to direct settlement negotiations between the project's Senior Software Engineer of TeamB Software Developers and the Project Manager of XYZ Telephone Company. If resolution cannot be obtained within a 10 day period further resolution will be sought through the assistance of a mediator who will arbitrate the dispute. The mediator will be chosen randomly from the predetermined list in the Appendix of this document. Both TeamB Software Developers (Provider) and XYZ Telephone Company (Client) agree to hold bi-weekly status meetings to prevent and resolve problems as they surface. Once Production of the software begins, meetings will revert to once a month on the first Monday of each month.

In the event the dispute cannot be settled within a 45 day period, upon mutual agreement between both parties the contract will be terminated. The fifty percent (50%) fee paid by the client at the start of the contract will be......

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Approximate Word Count: 430
Approximate Pages: 2 (250 words per double-spaced page)

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