Notably, compensation is only triggered once a specified threshold mortality (15% in current contracts) has been surpassed, and only compensates for losses in excess of the threshold.
This paper examines the nature of the proposed Sydney Metro contract in relation to its performance framework and compares this to the frameworks in current contracts for bus, rail and ferry public transport in Sydney.
Then the companies can renege on pensions they guaranteed to retirees and can break salary and benefit promises to workers in current contracts.
In January 2002, Ford said it would close assembly plants in St Louis and in Edison, New Jersey but clauses in the current contract forced it to put this plan on hold.In this section Tipping Hollywood the black spot WorldCom's revenge Bad call Still power in the union?
The provisions in the current contract have been in full force for the last 50 years, and yet SAG-AFTRA is selling this contract by deceptively stating that the "Travel Provisions" never existed in our collective bargaining agreement.
Another deciding factor in granting the renewal, he said, was a provision in the current contract — though neither Mr. Williams nor the Maid of the Mist would disclose what the clause stipulated, or any other aspect of the lease.
The stagehands union, Local 1 of the International Alliance of Theatrical Stage Employees, with one member working above, said on Tuesday that workers had agreed to forgo a 3percentt increase in salary and other compensations for the 2009-10 season, the last in its current contract.
The new contract "carries over many provisions in the current contract" while protecting health and welfare benefits, the statement said.
Other elements in the current contract, like cost of living allowances, paid leave and vacation days, would be unchanged.
