Common use of Stage III Clause in Contracts

Stage III. Failing resolution of the differences or dispute at Stage II, the matter may be referred to a Board of Arbitration constituted under the provisions of the Labour Relations Code. Arbitration proceedings may only be initiated by the grievor and must be commenced within sixty (60) calendar days after failure of settlement at Stage II. The said Board shall consist of a single arbitrator who shall be agreed to by both Parties, or failing agreement to be appointed by the Minister of Labour at the request of the Parties to the Agreement. The decision of the Board of Arbitration shall be final and binding on both Parties. Each Party shall pay one-half (1/2) of the fees and expenses of the Board of Arbitration. The Board of Arbitration shall complete its sitting and hand down its award within thirty (30) days of its appointment, except that this time may be extended with the mutual consent of the Employer and the Local Union. The Board of Arbitration shall not have any power to alter or change any of the provisions of this Agreement or to substitute any new provisions for any existing provisions thereof, and in reaching its decision it shall be bound by the terms and conditions of this Agreement.

Stage III. Failing resolution of the differences or dispute at Stage II, the matter may be referred to a Board of Arbitration constituted under the provisions of the Labour Relations CodeArbitration Act. Arbitration proceedings may only be initiated by the grievor and must be commenced within sixty (60) calendar days after failure of settlement at Stage II. The said Board shall consist of a single arbitrator who shall be agreed to by both Partiesparties, or failing agreement to be appointed by the Minister of Labour a Supreme Court Judge at the request of the Parties parties to the Agreement. The decision of the Board of Arbitration shall be final and binding on both Partiesparties. Each Party party shall pay one-half (1/2) of the fees and expenses of the Board of Arbitration. The Board of Arbitration shall complete its sitting and hand down its award within thirty (30) days of its appointment, except that this time may be extended with the mutual consent of the Employer and the Local Union. The Board of Arbitration shall not have any power to alter or change any of the provisions of this Agreement or to substitute any new provisions for any existing provisions thereof, and in reaching its decision it shall be bound by the terms and conditions of this Agreement.