Common use of DURATION AND CONTINUANCE OF THE AGREEMENT Clause in Contracts

DURATION AND CONTINUANCE OF THE AGREEMENT. This Collective Agreement shall be binding and remain in effect from January 1, 2020 to December 31, 2022. This Agreement shall continue in force beyond the date noted above, including during any period of negotiation until a new Collective Agreement is ratified, except for the "no strike, no lockout" clause. This Collective Agreement may be reopened at any time by mutual agreement. At any time during the period of 180 days prior to the expiration of the Collective Agreement either party may require the Collective Agreement, to be reopened for negotiation by forwarding notice in writing to the other party. The Parties to this Agreement may occasionally make limited modifications to the details of this Agreement. Both Parties must agree to the modification and specify their agreement by signing a Memorandum of Agreement. Monetary changes are effective on the dates noted. Wording changes are effective the 1st of the month following ratification by both Parties, except as specified in a Memorandum of Settlement.