Common use of ADJUSTMENT REGULATION Clause in Contracts

ADJUSTMENT REGULATION. Prior to the expiry of the first year of the agreement negotiations shall be commenced between the NSA and Industri Energi regarding possible wage adjustments for the second year of the agreement. The parties agree that negotiations shall be held on the basis of the economic situation at the time of negotiation and the prospects for the second year of the agreement as well as the price and wage development during the first year of the agreement. The Executive Committee of Industri Energi and the Board of Directors of the NSA shall take a stand on amendments to the wage agreements for the second year of the agreement. If the parties fail to reach an agreement, the organisation which has presented a demand may, within 14 – fourteen – days of the termination of negotiations terminate the agreement by giving 14 – fourteen – days’ notice, but not to expire before June 1st 2015.

ADJUSTMENT REGULATION. Prior to the expiry of the first year of the agreement negotiations shall be commenced between the NSA and Industri Energi SAFE regarding possible wage adjustments for the second year of the agreement. The parties agree that negotiations shall be held on the basis of the economic situation at the time of negotiation and the prospects for the second year of the agreement as well as the price and wage development during the first year of the agreement. The Executive Committee of Industri Energi SAFE and the Board of Directors of the NSA shall take a stand on amendments to the wage agreements for the second year of the agreement. If the parties fail to reach an agreement, the organisation organization which has presented a demand may, within 14 – fourteen – days of the termination of negotiations terminate the agreement by giving 14 – fourteen – days’ notice, but not to expire before June 1st 20152023.

ADJUSTMENT REGULATION. Prior to the expiry of the first year of the agreement negotiations shall be commenced between the NSA and Industri Energi SAFE regarding possible wage adjustments for the second year of the agreement. The parties agree that negotiations shall be held on the basis of the economic situation at the time of negotiation and the prospects for the second year of the agreement as well as the price and wage development during the first year of the agreement. The Executive Committee of Industri Energi SAFE and the Board of Directors of the NSA shall take a stand on amendments to the wage agreements for the second year of the agreement. If the parties fail to reach an agreement, the organisation which has presented a demand may, within 14 – fourteen – days of the termination of negotiations terminate the agreement by giving 14 – fourteen – days’ notice, but not to expire before June 1st 20152013.

ADJUSTMENT REGULATION. Prior to the expiry of the first year of the agreement negotiations shall be commenced between the NSA and Industri Energi SAFE regarding possible wage adjustments for the second year of the agreement. The parties agree that negotiations shall be held on the basis of the economic situation at the time of negotiation and the prospects for the second year of the agreement as well as the price and wage development during the first year of the agreement. The Executive Committee of Industri Energi SAFE and the Board of Directors of the NSA shall take a stand on amendments to the wage agreements for the second year of the agreement. If the parties fail to reach an agreement, the organisation organization which has presented a demand may, within 14 – fourteen – days of the termination of negotiations terminate the agreement by giving 14 – fourteen – days’ notice, but not to expire before June 1st 20152021.

ADJUSTMENT REGULATION. Prior to the expiry of the first year of the agreement negotiations shall be commenced between the NSA and Industri Energi SAFE regarding possible wage adjustments for the second year of the agreement. The parties agree that negotiations shall be held on the basis of the economic situation at the time of negotiation and the prospects for the second year of the agreement as well as the price and wage development during the first year of the agreement. The Executive Committee of Industri Energi SAFE and the Board of Directors of the NSA shall take a stand on amendments to the wage agreements for the second year of the agreement. If the parties fail to reach an agreement, the organisation which has presented a demand may, within 14 – fourteen – days of the termination of negotiations terminate the agreement by giving 14 – fourteen – days’ notice, but not to expire before June 1st 20152019.

ADJUSTMENT REGULATION. Prior to the expiry of the first year of the agreement negotiations shall be commenced between the NSA and Industri Energi regarding possible wage adjustments for the second year of the agreement. The parties agree that negotiations shall be held on the basis of the economic situation at the time of negotiation and the prospects for the second year of the agreement as well as the price and wage development during the first year of the agreement. The Executive Committee of Industri Energi and the Board of Directors of the NSA shall take a stand on amendments to the wage agreements for the second year of the agreement. If the parties fail to reach an agreement, the organisation which has presented a demand may, within 14 – fourteen – days of the termination of negotiations terminate the agreement by giving 14 – fourteen – days’ notice, but not to expire before June 1st 20152021.

ADJUSTMENT REGULATION. Prior to the expiry of the first year of the agreement negotiations shall be commenced between the NSA and Industri Energi DSO regarding possible wage adjustments for the second year of the agreement. The parties agree that negotiations shall be held on the basis of the economic situation at the time of negotiation and the prospects for the second year of the agreement as well as the price and wage development during the first year of the agreement. The Executive Committee of Industri Energi DSO and the Board of Directors of the NSA shall take a stand on amendments to the wage agreements for the second year of the agreement. If the parties fail to reach an agreement, the organisation which has presented a demand may, within 14 – fourteen – days of the termination of negotiations terminate the agreement by giving 14 – fourteen – days’ notice, but not to expire before June 1st 20152017.

ADJUSTMENT REGULATION. Prior to the expiry of the first year of the agreement negotiations shall be commenced between the NSA and Industri Energi regarding possible wage adjustments for the second year of the agreement. The parties agree that negotiations shall be held on the basis of the economic situation at the time of negotiation and the prospects for the second year of the agreement as well as the price and wage development during the first year of the agreement. The Executive Committee of Industri Energi and the Board of Directors of the NSA shall take a stand on amendments to the wage agreements for the second year of the agreement. If the parties fail to reach an agreement, the organisation which has presented a demand may, within 14 – fourteen – days of the termination of negotiations terminate the agreement by giving 14 – fourteen – days’ notice, but not to expire before June 1st 20152019.

ADJUSTMENT REGULATION. Prior to the expiry of the first year of the agreement negotiations shall be commenced between the NSA and Industri Energi Industry Energy regarding possible wage adjustments for the second year of the agreement. The parties agree that negotiations shall be held on the basis of the economic situation at the time of negotiation and the prospects for the second year of the agreement as well as the price and wage development during the first year of the agreement. The Executive Committee of Industri Energi Industry Energy and the Board of Directors of the NSA shall take a stand on amendments to the wage agreements for the second year of the agreement. If the parties fail to reach an agreement, the organisation which has presented a demand may, within 14 – fourteen – days of the termination of negotiations terminate the agreement by giving 14 – fourteen – days’ notice, but not to expire before June 1st 20152013.

ADJUSTMENT REGULATION. Prior to the expiry of the first year of the agreement negotiations shall be commenced between the NSA and Industri Energi SAFE regarding possible wage adjustments for the second year of the agreement. The parties agree that negotiations shall be held on the basis of the economic situation at the time of negotiation and the prospects for the second year of the agreement as well as the price and wage development during the first year of the agreement. The Executive Committee of Industri Energi SAFE and the Board of Directors of the NSA shall take a stand on amendments to the wage agreements for the second year of the agreement. If the parties fail to reach an agreement, the organisation which has presented a demand may, within 14 – fourteen – days of the termination of negotiations terminate the agreement by giving 14 – fourteen – days’ notice, but not to expire before June 1st 2015.

ADJUSTMENT REGULATION. Prior to the expiry of the first year of the agreement negotiations shall be commenced between the NSA and Industri Energi regarding possible wage adjustments for the second year of the agreement. The parties agree that negotiations shall be held on the basis of the economic situation at the time of negotiation and the prospects for the second year of the agreement as well as the price and wage development during the first year of the agreement. The Executive Committee of Industri Energi and the Board of Directors of the NSA shall take a stand on amendments to the wage agreements for the second year of the agreement. If the parties fail to reach an agreement, the organisation which has presented a demand may, within 14 – fourteen – days of the termination of negotiations terminate the agreement by giving 14 – fourteen – days’ notice, but not to expire before June 1st 20152023.