Common use of Salary Reopener Clause in Contracts

Salary Reopener. The parties acknowledge that each has the right to demand a re-opener for negotiation of the aforementioned salary agreements if legislation is enacted or court decision is rendered which affects Community High School District 117 so as to significantly impact the revenue available for purposes of funding said salary increases. In the event of such an occurrence, the party desiring a re-opener shall inform the other party in writing as soon as possible.

Salary Reopener. The parties acknowledge that each has the right to demand a re-re- opener for negotiation of the aforementioned salary agreements if legislation is enacted or court decision is rendered which affects Community High School District 117 so as to significantly impact the revenue available for purposes of funding said salary increases. In the event of such an occurrence, the party desiring a re-opener shall inform the other party in writing as soon as possible.