EQUITY CLAUSE Sample Clauses

EQUITY CLAUSE. If during the term of the Contract one of the parties considers itself no longer able to continue performance of the same, solely for reasons beyond its control having the effect of causing it to suffer costs that should not in conscience be imposed upon it, the party concerned shall notify the other by certitied letter with acknowledgment of receipt, and both parties shall confer for the purpose of adopting appropriate measures in the circumstances in their mutual interest. If after two months from the date of receipt of the abovementioned letter, the Parties fail to agree on the steps to be taken, the Contract may lawfully be repudiated with no compensation payable at either party's demand at one month's notice by certified letter with acknowledgment of receipt.
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EQUITY CLAUSE. If during the 2021/2022 school year any other bargaining unit or employee group within the District receives an across the board on schedule salary increase, the bargaining unit shall be entitled to a commensurate amount of compensation. In such an event, the Association and the District shall enter into negotiations to determine the manner in which to compensate the bargaining unit no later than February 2022. In the event that the parties bargain the minimum wage increase pursuant to provision 9.1.2 of this agreement this equity clause (9.4) is null and void.
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EQUITY CLAUSE. Should the District provide a compensation package (salary and health benefits) to any other employee group during the term of this agreement that exceeds the compensation package (salary and health benefits increase plus the cost of Step 7 - $1.179 million or 2.39%) provided to CSEA the District shall meet with CESA to determine distribution of the difference to unit members. Such agreement shall be in writing.
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EQUITY CLAUSE. A. If any other bargaining unit or employee group within the District receives an increase in salary or receives another form of compensation using resources not previously allocated to that unit or group in settlement of negotiations, the bargaining unit shall be entitled to a commensurate prorata amount of compensation. In such an event, the Association and the District shall enter into negotiations to determine the manner in which to compensate the bargaining unit. Should any other bargaining unit or employee group within the District agree to or receive any wage formula which results in increased compensation, the bargaining unit shall be entitled to the same provision(s).
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EQUITY CLAUSE. A. If any other bargaining unit, the Non-Represented Management employee group or the Confidentials Unit receives enhanced health and welfare benefits, AASD will receive the same enhanced benefit.
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EQUITY CLAUSE. 5 Should any other bargaining unit receive increases of total compensation greater 6 than that mentioned above in item 11.7, the difference between the amount 7 received by CSEA and that amount shall be available for classified employee 8 compensation. 1
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EQUITY CLAUSE. The District may establish the pay rate for a new employee with relative experience; however, no new hire will start at a higher wage in that grade than a current employee with the same number of years of service/experience.
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EQUITY CLAUSE. In the event of unexpected, heavy changes in exploitation costs, or important disruption of the general economy, or any duty or tax not already included, the parties to this Contract will meet to discuss the necessity of modifying part or all of the conditions of this Contract. *** Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
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EQUITY CLAUSE. 28.1 In entering this Agreement, GPTL and GSLrecognise that it is impractical to make provision for every contingency which may arise during the term of this Agreement. GPTL and GSL desire that this Agreement shall operate between them with fairness, and if, in the course of its performance, an infringement of this principle is anticipated or disclosed, then GPTL and GSL shall promptly consult each other in good faith in an endeavour to agree upon such actions as may be necessary to remove the cause or causes of such infringement.
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Related to EQUITY CLAUSE

  • Penalty Clause a. Non-execution of supply order - For the reasons of failure to supply partially or completely within 30 days, if the Procurement cell has to buy the items from the RC 2 (L-2), RC 3 (L-3) or approved local vendor firm, the rate difference in cost will be recovered from XX xxxxxx i.e. L1 /Billing Agency as appointed by the Rate Contract Holder. The difference amount will be deducted from the forthcoming bills of the supplier pertaining to any product. Repeated failure (Three times) to supply in part or in full may amount to termination of rate contract for the product (s) and forfeiture of Performance Security. Reasons of failure to supply the material will be communicated by the firm to the Procurement cell timely.

  • Savings Clause If this Agreement or any portion thereof shall be invalidated on any ground by any court of competent jurisdiction, then the Corporation shall nevertheless indemnify the Indemnitee as to Expenses, judgments, fines, penalties and amounts paid in settlement with respect to any Proceeding to the full extent permitted by any applicable portion of this Agreement that shall not have been invalidated and to the fullest extent permitted by applicable law.

  • BREAK CLAUSE IF YOU HAVE OPTED FOR A FIXED TERM CONTRACT YOU WILL NOT HAVE THE DETAILS OF A BREAK CLAUSE NOTED IN YOUR PARTICULARS.

  • Indemnity Clause CONTRACTOR agrees to indemnify, save harmless, and release DISTRICT, and all its officers, agents, volunteers, and employees from and against any and all loss, damages, injury, liability, suits, and proceedings arising out of the performance of this contract which are caused in whole or in part by the acts or negligence of CONTRACTOR's officers, agents, volunteers, or employees, but not for claims arising from DISTRICT's sole negligence. The parties agree that if there are any Limitations of CONTRACTOR's Liability, including a limitation of liability for anyone for whom CONTRACTOR is responsible, such Limitations of Liability will not apply to injuries to persons, including death, or to damages to property.

  • DISCOUNT CHANGE CLAUSE The contractor may offer larger discount percentages for products, accessories, replacement parts and attachments at any time during the contract term.

  • Sunset Clause The provisions of this Section expires automatically on the expiration date of this Agreement.

  • Severability Clause Any part, provision, representation or warranty of this Agreement which is prohibited or which is held to be void or unenforceable shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof. Any part, provision, representation or warranty of this Agreement which is prohibited or unenforceable or is held to be void or unenforceable in any jurisdiction shall be ineffective, as to such jurisdiction, to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction as to any Mortgage Loan shall not invalidate or render unenforceable such provision in any other jurisdiction. To the extent permitted by applicable law, the parties hereto waive any provision of law which prohibits or renders void or unenforceable any provision hereof. If the invalidity of any part, provision, representation or warranty of this Agreement shall deprive any party of the economic benefit intended to be conferred by this Agreement, the parties shall negotiate, in good-faith, to develop a structure the economic effect of which is as close as possible to the economic effect of this Agreement without regard to such invalidity.

  • WAIVER CLAUSE The parties acknowledge that during negotiations which resulted in this Agreement each had the unlimited right and opportunity to make demands and proposals with respect to any subject or matter not removed by law from the area of collective bargaining, and that the understandings and agreements arrived at by the parties after the exercise of that right and opportunity are set forth in this Agreement. Therefore, the Board and the Union for the life of this Agreement each voluntarily and unqualifiedly waives the right, and agrees that the other shall not be obliged to bargain collectively with respect to any subject or matter not specifically referred to or covered in this Agreement, unless mutually agreed, even though such subject or matter may not have been within the knowledge or contemplation of either or both parties at the time that they negotiated or signed this Agreement.

  • MANAGEMENT CLAUSE Except as modified by this Agreement, the Employer retains all rights of management, which, in addition to all powers, duties, and rights established by constitutional provision or statute, will include but not limited to, the right to:

  • Merger Clause This Agreement, including the Exhibits attached hereto and incorporated herein by reference, constitutes the sole Agreement of the parties hereto and correctly states the rights, duties, and obligations of each party as of this document's date. In the event that any term, condition, provision, requirement or specification set forth in this body of the agreement conflicts with or is inconsistent with any term, condition, provision, requirement or specification in any exhibit and/or attachment to this agreement, the provisions of this body of the agreement shall prevail. Any prior agreement, promises, negotiations, or representations between the parties not expressly stated in this document are not binding. All subsequent modifications shall be in writing and signed by the parties.

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