Common use of Wage Re-Opener for Local 488 Commercial Wages Clause in Contracts

Wage Re-Opener for Local 488 Commercial Wages. The Parties will meet at least 90 days prior to April 30, 2017 to determine if the Local 000 Xxxxxxxxxx Xxxx Schedule rates (including benefit contributions) need to be amended for the period subsequent to April 30, 2017. If either Party requests a change and no agreement on the requested changes has been reached by March 1, 2017 the Parties will submit their final offer, for changes to commercial and institutional rates only, to an independent Arbitrator who will hold a hearing prior to the end of March 2017 and issue a decision selecting one or the other offer which will then determine the base rate plus benefits under 8.01 (c) for the balance of the term of this Collective Agreement, or for such other period as the Parties agree or as determined by the Arbitrator.

Wage Re-Opener for Local 488 Commercial Wages. The Parties will meet at least 90 days prior to April 30, 2017 to determine if the Local 000 Xxxxxxxxxx Xxxx 488 Commercial Wage Schedule rates (including benefit contributions) need to be amended for the period subsequent to April 30, 2017. If either Party requests a change and no agreement on the requested changes has been reached by March 1, 2017 the Parties will submit their final offer, for changes to commercial and institutional rates only, to an independent Arbitrator who will hold a hearing prior to the end of March 2017 and issue a decision selecting one or the other offer which will then determine the base rate plus benefits under 8.01 (c) for the balance of the term of this Collective Agreement, or for such other period as the Parties agree or as determined by the Arbitrator.