Common use of Escalator Clause Clause in Contracts

Escalator Clause. 1. The parties have agreed for the four year term of this Collective Agreement to include an escalator clause applicable in the last two years of the contract. This provision will terminate as of March 31, 2010 and will not be automatically renewed in any subsequent collective agreement. This escalator clause is designed to generate a maximum of two wage increases: one on April 1, 2008 and another on April 1, 2009.

Escalator Clause. 1. The parties have agreed for the four three year term of this Collective Agreement collective agreement to include an escalator clause applicable in the last two years year of the contract. This provision will terminate as of March 31, 2010 2009 and will not be automatically renewed in any subsequent collective agreement. This escalator clause is designed to generate a maximum of two one wage increases: one increase on April 1, 2008 and another on April 1, 2009none thereafter.

Escalator Clause. 1. The parties have agreed for the four three year term of this Collective Agreement to include an escalator clause applicable in the last two years year of the contract. This provision will terminate as of March 3131st, 2010 2015 and will not be automatically renewed in any subsequent collective agreement. This escalator clause is designed to generate a maximum of two one wage increases: one increase on April 11st, 2008 2014 and another on April 1, 2009none thereafter.

Escalator Clause. 1. The parties have agreed for the four three (3) year term of this Collective Agreement to include an escalator clause applicable in the last two years year of the contract. This provision will terminate as of March 31, 2010 2016 and will not be automatically renewed in any subsequent collective agreement. This escalator clause is designed to generate a maximum of two one wage increasesincrease: one on April 1, 2008 and another on April 1, 20092015.