Escalator Clause. 24.1 In the event that Xxxxx Power and The Society negotiate a Collective Agreement for a term of more than one year, a Cost of Living Adjustment (COLA) escalator clause shall become part of such an Agreement and shall be applicable to all employees covered by that Agreement.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Escalator Clause. 24.1 In the event that Xxxxx Power the IESO and The the Society negotiate a Collective Agreement for a term of more than one year, a Cost of Living Adjustment (COLA) escalator clause shall become part of such an Agreement and shall be applicable to all employees covered by that Agreementagreement.
Appears in 1 contract
Samples: Collective Agreement
Escalator Clause. 24.1 22.1 In the event that Xxxxx Power the IESO and The Society negotiate a Collective Agreement for a term of more than one year, a Cost of Living Adjustment (COLA) escalator clause shall become part of such an Agreement and shall be applicable to all employees covered by that agreement.
22.2 During the term of the Agreement., namely January 1, 1995 to December 31,1996, apply the following formula:
Appears in 1 contract
Samples: Collective Agreement
