Common use of Long Term Contracts Clause in Contracts

Long Term Contracts. 15.1 The parties agree that there will be no discussions or negotiations with respect to entering into long-term contracts between any personnel covered by this Agreement and the Employer Signatories, unless the value of the Day Rate contract (averaged over an agreed reference period which shall be no longer than 12 months) is no less favourable than the value of the long term contract in terms of equivalent compensation. 15.2 Where the personnel covered by this Agreement and the Employer Signatories enter into a long-term contract greater than 12 months. The allowances within clause 6(b), 6(c) and 6(d) shall not be paid, where the employer pays for those costs during the period of the long-term contract.

Long Term Contracts. 15.1 The parties agree that there will be no discussions or negotiations with respect to entering into long-term contracts between any personnel covered by this Agreement and the Employer Signatories, unless the value of the Day Rate contract (averaged over an agreed reference period which shall be no longer than 12 months) is no less favourable than the value of the long term contract in terms of equivalent compensation. 15.2 Where the personnel covered by this Agreement and the Employer Signatories enter into a long-term contract greater than 12 months. The allowances within clause 6(b6(a), 6(c6(b) and 6(d6(c) shall not be paid, where the employer pays for those costs including any travel, subsistence and ancillary costs in full, or reimburses those costs including any travel, subsistence and ancillary costs in full, during the period of the long-term contract.