Under the good-faith bargaining process, when parties are intent on terminating or modifying an existing contract, they must give ________ notice to the other party with an offer to confer over proposals.

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Under the good-faith bargaining process, parties are required to give a 60-day notice to the other party when they intend to terminate or modify an existing contract, along with an offer to confer over proposals.

Under the Good-Faith Bargaining Process, When Parties Are Intent on Terminating