CONTINGENCY LANGUAGE Clause Samples
Contingency language is a contractual provision that outlines specific conditions or events that must occur before certain obligations or actions in the contract become effective. In practice, this clause might state that a purchase agreement is only valid if the buyer secures financing or if a property passes inspection. By clearly defining these prerequisites, contingency language protects parties from being bound to commitments unless certain requirements are met, thereby managing risk and ensuring that contractual obligations are only triggered under agreed-upon circumstances.
CONTINGENCY LANGUAGE. During the term of this agreement, in the event the
CONTINGENCY LANGUAGE. If the revenue limit deficit factor is eliminated for any of the contract years covered by this agreement, there shall be an automatic reopener on health benefits for that contract year. CSEA and the District agree to close negotiations for all items but one; the discipline policy, Article XV. The district reserves the option to continue negotiations for Article XV, Discipline in the 2023-24 fiscal year.
CONTINGENCY LANGUAGE. If total unrestricted general fund revenues for 2015- 2016 school year, as stated in the 2015-2016 Unaudited Actual Report, exceed the amount stated for the 2015-2016 school year in the multiyear projection contained in the 2014-2015 adopted budget, the parties shall meet and confer to adjust the salary agreement if both parties agree that sufficient funds are available. Any such adjustments shall be prospective only. 116. An additional two and three-quarter percent (2.75%) increase effective July 1, 2016.
CONTINGENCY LANGUAGE. If the district receives higher revenue through property taxes during the 2025-2026 School year and/or the 2026-2027 school year above 5.5%, the Association and the district will meet to determine if the increase in revenue will allow for an increase in salary and benefits of unit members, and if so, the Association and the district will negotiate appropriate changes.
CONTINGENCY LANGUAGE. In the event that the District makes an agreement with any other bargaining unit for the 2007-2008 and/or the 2008-2009 school year, resulting in a higher percentage increase in wages or improvements in benefits, those same improvements shall be applied to the eligible membership of CSEA. Further if the District receives an additional COLA for 2008-2009 the District and CSEA agree to reopen negotiations around salary and benefits only.
CONTINGENCY LANGUAGE. Negotiations shall be closed for the 2020-21 and 2021-22 school years, and the current contract (2018-2020) shall be sunset and the parties shall enter a contract with a new term of 2021-2024 with reopeners for 2023-24 on Remuneration, Fringe Benefits and up to two additional article from each party. For 2022-23 each party will be able to reopen one article other than Remuneration or Fringe
CONTINGENCY LANGUAGE. If the revenue limit deficit factor is eliminated for any of the contract years covered by this agreement, there shall be an automatic reopener on health benefits for that contract year.
CONTINGENCY LANGUAGE. During the term of this agreement, in the event the 24 District receives an additional unrestricted increase to the District base revenue limit 25 or Local Control Funding Formula (LCFF), after the Association and the District 26 have reached agreement on compensation for that year, negotiations shall be reopened 27 in this area.