Common use of FAVORED NATIONS CLAUSE Clause in Contracts

FAVORED NATIONS CLAUSE. If the Local Union enters into any agreement applicable to work covered by this Agreement which contains lesser wages, fringe benefits, or working conditions than provided herein the Employers which are parties to this Agreement shall be permitted to pay such lesser wages, benefits, or working conditions. However, this paragraph shall not be applicable to single job agreements which the Local Union enters into with contractor’s signatory to this Agreement for the purpose of permitting Employers party to this Agreement to compete against non-signatory contractors.

FAVORED NATIONS CLAUSE. If the Local Union enters into any agreement applicable to work covered by this Agreement which contains lesser wages, fringe benefits, or working conditions than provided herein the Employers which are parties to this Agreement shall be permitted to pay such lesser wages, benefits, or working conditions. However, this paragraph shall not be applicable to single job agreements which the Local Union enters into with contractor’s signatory to this Agreement for the purpose of permitting Employers party to this Agreement to compete against non-non- signatory contractors.