Common use of Deal Memos Clause in Contracts

Deal Memos. During the term of the Agreement and prior to utilizing a “deal memo,” the Company and Union agree to review and agree upon template language contained in said “deal memo” used for Techni- cians. It being understood that a Deal Memo is intended to be a bind- ing contract which has bilateral obligations between the Company and Technician.

Deal Memos. During the term of the Agreement and prior to utilizing a “deal memo,” the Company and Union agree to review and agree upon template language contained in said “deal memo” used for Techni- ciansTechnicians. It being understood that a Deal Memo is intended to be a bind- ing binding contract which has bilateral obligations between the Company and Technician.