Common use of Closure Clause Clause in Contracts

Closure Clause. 1. Both the Board and the Association acknowledge that all mandatory subjects of negotiations have been negotiated and neither party has the right to negotiate further on these or any other subjects during the term of this agreement except by mutual consent. 2. This agreement may be amended at any time by mutual consent. However, no amendment to this agreement shall be binding unless executed in writing and ratified by both the Board and the Association.

Closure Clause. 1. Both the Board and the Association acknowledge stipulate that all mandatory subjects of negotiations negotiations, which either party proposed to negotiate, have been negotiated and neither party has the any right to negotiate further on these or any other subjects during the term of this agreement except by mutual consent. 2. This agreement may be amended at any time by mutual consent. However, no amendment to this agreement shall be binding unless executed in writing and ratified by both the Board and the Association.