Common use of DURATION AND EFFECTIVE DATE Clause in Contracts

DURATION AND EFFECTIVE DATE. Section 27.1 This Agreement shall be effective as of the first day of January 2012 and shall remain in full force and effect to and including the thirty-first day of December 2014 subject to the right on the part of the MPRB or the Federation to open this Agreement by written notice to the other Party not later than June 31, 2014. Failure to give such notice shall cause this Agreement to be renewed automatically for a period of twelve (12) months from year to year. Section 27.2 In the event such written notice is given and a new Agreement is not signed by the expiration date of the old Agreement, then this Agreement shall continue in force until a new Agreement is signed. It is mutually agreed that the first meeting will be held no later than twenty (20) calendar days after the MPRB or Federation receives such notification. Section 27.3 Employees who retire after the expiration of this Agreement but before the execution of a successor agreement, shall be entitled to compensation for hours worked after the expiration of the Agreement at the rate of pay established pursuant to the successor agreement.

DURATION AND EFFECTIVE DATE. Section 27.1 29.1 This Agreement shall be effective as of the first day of January 2012 2017 and shall remain in full force and effect to and including the thirty-first day of December 2014 2019 subject to the right on the part of the MPRB or the Federation to open this Agreement by written notice to the other Party not later than June 31, 20142019. Failure to give such notice shall cause this Agreement to be renewed automatically for a period of twelve (12) months from year to year. Section 27.2 29.2 In the event such written notice is given and a new Agreement is not signed by the expiration date of the old Agreement, then this Agreement shall continue in force until a new Agreement is signed. It is mutually agreed that the first meeting will be held no later than twenty (20) calendar days after the MPRB or Federation receives such notification. Section 27.3 29.3 Employees who retire after the expiration of this Agreement but before the execution of a successor agreement, shall be entitled to compensation for hours worked after the expiration of the Agreement at the rate of pay established pursuant to the successor agreement.