Common use of Tentative Agreement and Ratification Clause in Contracts

Tentative Agreement and Ratification. A. As negotiated items are agreed upon, they shall be reduced to writing and initialed by a representative of both the Association and the Board. Such initialing shall be construed as tentative agreement by both parties on that particular item or issue, subject to ratification by the Association membership and approval by the Board. B. When a comprehensive proposal is reached, a proposed Agreement containing all tentative agreements shall be prepared. Both parties shall review the proposed Agreement in order to reach mutual agreement upon its completion and accuracy. Thereafter, the proposed Agreement shall be submitted first to the Association membership for ratification and then to the Board for approval. Following its approval by the Board, the Agreement shall be binding upon both parties according to its effective date.

Tentative Agreement and Ratification. A. As negotiated items are agreed upon, they shall be reduced to writing and initialed by a representative of both the Association and the Board. Such initialing shall be construed as tentative agreement by both parties on that particular item or issue, subject to ratification by the Association membership and approval by the Board. B. When a comprehensive proposal agreement is reached, a proposed Agreement containing all tentative agreements shall be prepared. Both parties shall review the proposed Agreement in order to reach mutual agreement upon its completion completeness and accuracy. Thereafter, the proposed Agreement shall be submitted first to the Association membership for ratification and then to the Board for approval. Following its approval by the Board, the Agreement shall be binding upon both parties according to its effective date.