Common use of Maintenance of Effort Clause in Contracts

Maintenance of Effort. It is the intent of the parties that the benefits provided to professional employees under this health insurance program shall not be diminished during the term of this Agreement. Should, however, either the state or federal government pass legislation mandating all employers to participate in a national or statewide health care plan that diminishes benefits for employees or substantially affects costs to employers, then it is agreed that the current health insurance program will be renegotiated and agreed to between the Union and the Board within six (6) months.

Maintenance of Effort. It is the intent of the parties that the benefits provided to professional employees under this health insurance program shall not be diminished during the term of this Agreement. Should, however, either the state or federal government pass legislation mandating all employees/employers to participate in a national or statewide health care plan that substantially diminishes benefits for employees or substantially affects costs to employers, then it is agreed that the current health insurance program will be renegotiated and agreed to between the Union Association and the Board within six (6) monthsmonths of when such legislation takes effect.