Common use of RATIFICATION PROCEDURE Clause in Contracts

RATIFICATION PROCEDURE. When an agreement is reached through negotiating, the outcome (including terms and effective dates) shall be reduced to writing and submitted to the Association and Board for formal approval. Following ratification of the Agreement by both parties, the Agreement shall then be signed by the parties and shall be binding on both parties.

RATIFICATION PROCEDURE. 1. When an agreement is reached through negotiating, the outcome (including terms and effective dates) shall will be reduced to writing and submitted to the Association and Board for formal approval. Following ratification of the Agreement by both parties, the Agreement shall will then be signed by the parties and shall will be binding on both parties.