Common use of Sale, Merger or Transfer Clause in Contracts

Sale, Merger or Transfer. If the Employer enters into a sale, merger or transfer of ownership to another entity that affects employees of the bargaining unit, then the Employer will notify the Union at least ninety (90) calendar days in advance of the effective date of any such sale, merger or transfer of ownership. The Employer will also notify the other party involved in such transaction of the existence of this Agreement and of the Union’s status as sole bargaining agent of the employees covered by this Agreement. The parties will work within the labor laws in effect at the time of the sale, merger or transfer of ownership.

Sale, Merger or Transfer. If the Employer enters into a sale, merger or transfer of ownership to another entity that affects employees of the bargaining unit, then the Employer will notify the Union at least ninety (90) calendar days in advance of the effective date of any such sale, merger or transfer of ownership. The Employer will also notify the other party involved in such transaction of the existence of this Agreement and of the Union’s status as sole bargaining agent of the employees covered by this Agreement. The parties will work within the labor laws in effect at the time of the sale, merger or transfer of ownership.DRAFT

Sale, Merger or Transfer. If the Employer enters into a sale, merger or transfer of ownership to another entity that affects employees of the bargaining unit, then the Employer will notify the Union at least ninety sixty (9060) calendar days in advance of the effective date of any such sale, merger or transfer of ownership. The Employer will also notify the other party involved in such transaction of the existence of this Agreement and of the Union’s status as sole bargaining agent of the employees covered by this Agreement. The parties Upon giving such notice, the Employer will work within the labor laws in effect at the time of the sale, merger or transfer of ownershiphave no further obligation under this provision.