Common use of NEW LOCATIONS Clause in Contracts

NEW LOCATIONS. A. In the event of a bona fide sale or transfer of any store covered by the Agreement during the period of the Agreement, the new owner or trans­ feree shall be notified of the existence of the Aareement bv the former owner and shall be required to become a party hereto. The former owner shall be required to meet any and all monetary benefits that employees may have accumulated under the Agreement. B. It is further agreed that where an Employer opens or purchases a new location under the jurisdiction of the Union, said Employer shall have the right to discharge any employee for good cause until a satis­ factory crew is obtained; provided, however, that this right shall cease thirty (30) days after the opening or purchase of the new location, which time Article IV of this Agreement shall be exclusively ap­

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Retail Food Industry Agreement