Annual Compensation Adjustments. 1. Upon expiration of this agreement, the US CPI-W formula will revert to a maximum of 4% and a minimum of 2% to serve as a starting point for bargaining successor agreements, or for rolling over the existing contract, and shall not be construed as a commitment to carry forth any provision identified in this Agreement or as a commitment to any future agreements. The parties further agree that this provision will not create an additional financial benefit or liability to either party during the term of this agreement.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
