Common use of EFFECTIVE DATE-DURATION-MODIFICATION Clause in Contracts

EFFECTIVE DATE-DURATION-MODIFICATION. 5.1 When executed by parties hereto, the terms and conditions of this Agreement shall become effective June 1, 2011 and shall remain in full force and effect through May 31, 2013. The “no-strike, no-lockout” provisions of the Agreement shall remain in full force and effect during the entire two (2) year duration of this Agreement. The monetary considerations, i.e. wages, fringe benefits, etc., shall be as set forth in Schedule "A" for rates to be effective June 1, 2011. 5.2 Any party hereto desiring termination or modification of the Agreement to take effect June 1, 2013, must serve, by Certified or Express Mail written notice to the other of a desire to change, amend, modify or terminate this Agreement on or before March 1, 2013. If no such written notice is given, this Agreement shall continue in full force and effect from year to year. It is agreed that in the event that either party should exercise its rights under this paragraph to amend or modify, the parties will, for a period of ninety (90) days prior to the expiration of the Agreement, bargain exclusively with each other with respect to all wage rates, working conditions and hours of employment for the work herein covered. 5.3 The parties further agree that during any contract year when this Agreement is opened for the sole purpose of negotiating wages and fringe benefits, all of the other

EFFECTIVE DATE-DURATION-MODIFICATION. 5.1 When executed by parties hereto, the terms and conditions of this Agreement shall become effective June 1, 2011 2013 and shall remain in full force and effect through May 31, 20132016. The “no-strike, no-lockout” provisions of the Agreement shall remain in full force and effect during the entire two three (23) year duration of this Agreement. The monetary considerations, i.e. wages, fringe benefits, etc., shall be as set forth in Schedule "A" for rates to be effective June 1, 20112013. 5.2 Any party hereto desiring termination or modification of the Agreement to take effect June 1, 20132016, must serve, by Certified or Express Mail written notice to the other of a desire to change, amend, modify or terminate this Agreement on or before March 1, 20132016. If no such written notice is given, this Agreement shall continue in full force and effect from year to year. It is agreed that in the event that either party should exercise its rights under this paragraph to amend or modify, the parties will, for a period of ninety (90) days prior to the expiration of the Agreement, bargain exclusively with each other with respect to all wage rates, working conditions and hours of employment for the work herein covered. 5.3 The parties further agree that during any contract year when this Agreement is opened for the sole purpose of negotiating wages and fringe benefits, all of the other