Common use of CONTRACT CONTINUITY Clause in Contracts

CONTRACT CONTINUITY. In the event negotiations for a successor agreement have not been concluded prior to the expiration date of this agreement, administrators shall continue to receive the same salary for the same job assignment as received during the prior year, until a new agreement is concluded. In the event negotiations for a successor agreement have not been concluded prior to the expiration date of this agreement, the following contractual benefits shall also continue in effect until a new agreement is concluded: Insurance and insurance reimbursement benefits, special leaves, Vacations, Holidays, Sick Leave, Grievance Procedure and Fair Dismissal Procedure. The continuity provided in this section shall not apply in the event of an unlawful work stoppage or job action.