Long Term Contracts. 15.1 The parties agree that there will be no discussions or negotiations with respect to entering into long-term contracts between any personnel covered by this Agreement and the Employer Signatories, unless the value of the Day Rate contract (averaged over an agreed reference period which shall be no longer than 12 months) is no less favourable than the value of the long term contract in terms of equivalent compensation.
Appears in 5 contracts
Samples: Offshore Diving Industry Agreement, Offshore Diving Industry Agreement, Offshore Diving Industry Agreement
