Common use of Failure to Make a New Agreement Clause in Contracts

Failure to Make a New Agreement. 3.01 In the event that notice to amend the Collective Agreement has been given pursuant to Clause 2.02 and a renewal agreement is not reached prior to the current expiry date, all the terms and conditions of this Collective Agreement in accordance with the Alberta Labour Relations Code Division 21 (130) will remain in full force and effect until such time as a renewal agreement is agreed upon or a strike or lockout occurs. 3.02 In the event that notice to amend the Collective Agreement is not given pursuant to Clause 2.02, this Agreement will continue to be in full force and effect from year to year thereafter. 3.03 In the event that the parties are unable to agree on a renewal collective agreement, the issues in dispute shall be submitted to a mediator prior to the commencement of a strike or lockout action.