Common use of OSSTF CENTRAL AGREEMENT Clause in Contracts

OSSTF CENTRAL AGREEMENT. MEMORANDUM OF SETTLEMENT 1. The parties and the Crown agree that this Memorandum and attached Appendix I and II form the basis of a full and final settlement of the current round of Central negotiations. The parties and the Crown agree to recommend the terms of settlement as set out herein and in the accompanying appendix to their respective principals. 2. Attached as Appendix II are three memoranda agreed to by OSSTF and the Crown that do not form part of the collective agreement between the parties. 3. Ratification of the Central terms by both parties and agreement of the Crown shall be deemed to have occurred on the latest date on which ratification occurs by OSSTF and by OPSBA and by agreement of the Crown. The Parties will endeavor to complete the central ratification process by September 18, 2015. 4. Except as provided otherwise in the terms of the Memorandum of Settlement or accompanying appendix, all provisions shall be effective on the date of the ratification/arbitration of the local terms, as per Section 39 (6, 7) of the School Boards Collective Bargaining Act. 5. Any compensation items that are retroactive shall be paid no later than sixty (60) days following ratification/arbitration of the respective local terms. 6. The collective agreement shall consist of two parts. Part “A” consists of provisions respecting Central issues. Part “B” consists of provisions with respect to Central and Local Issues.