Common use of THE PARTIES AGREE AS FOLLOWS Clause in Contracts

THE PARTIES AGREE AS FOLLOWS. This letter of understanding applies to the resources whose remuneration for services granted under the parameters of Circular 2011-043 for the period extending from 1 January 2012 to 31 December 2012, exceeds the remuneration for services calculated following the application of the group agreement for that same period.

THE PARTIES AGREE AS FOLLOWS. This letter of understanding applies to the resources whose remuneration for services granted under the parameters of Circular 2011-043 for the period extending from 1 January 2012 to 31 December 2012, 2012 exceeds the remuneration for services calculated following the application of the group agreement for that same period.