Common use of Interest Based Bargaining Process Clause in Contracts

Interest Based Bargaining Process. The Board and CVFT agree to the concept of Interest Based Bargaining which will occur sufficiently prior to the initiation of the formal bargaining process to allow the parties an opportunity to reach agreement before formal negotiations begin, provided the process and ground rules for such bargaining are mutually agreed upon by both parties. If through Interest Based Bargaining or otherwise, a negotiated agreement has not been reached by April 15 prior to the expiration of this working agreement in the calendar year in which negotiations are scheduled to occur, either party may notify the other of a desire to commence bargaining. A meeting shall be held within fifteen (15) days of such request. The parties, through the Interest Based Bargaining process, however, may agree to extend the period of time before formal bargaining may occur, provided both parties are in agreement with the modification.