Common use of Central negotiations Clause in Contracts

Central negotiations. The aim of this agreement is that co-determination is exercised through the local parties. Thus, central negotiations between Finansarbetsgivarna and ▇▇▇▇▇▇/Sveriges Ingenjörer should only be initiated for questions that are broader in nature or of principle importance. Central negotiations shall take place at the joint request of the bank and the local organisation of Aka- via/Sveriges Ingenjörer or at the request of either Finansarbetsgivarna or Akavia/Sveriges Ingenjörer. Central negotiations shall be requested within ten banking days after the local negotiations concluded. Central negotiations shall be initiated as quickly as possible and at the latest within ten banking days from the day they were requested unless the central parties have agreed to a postpone- ment. Any dispute arising out of or in connection with the interpretation of this agreement or of provisions or decisions based on this agreement, a local agreement or the MBL and where no solution has been found during the central negotiations, may be referred at the request of either party within ten banking days from the day that the central negotiations were concluded to the joint fiduciary council of Finansarbetsgivarna and ▇▇▇▇▇▇/Sveriges Ingenjörer in accordance with Section 9 Rules of procedure for negotia- tions – arbitral tribunal in the Collective Agreement. Finansarbetsgivarna and Akavia/Sveriges Ingenjörer note that the current internationalisation and globalisation of the financial markets entail new considerations for the parties regarding the effects and the consequences of industrial conflict in the banking and financial sector.