JOINT ADJUSTMENT BOARD Sample Clauses

The Joint Adjustment Board clause establishes a panel composed of representatives from both parties to resolve disputes or grievances that arise under the agreement. Typically, when a disagreement cannot be settled through initial discussions or standard grievance procedures, the issue is referred to this board, which reviews the facts and attempts to reach a mutually acceptable resolution. This clause provides a structured, collaborative mechanism for dispute resolution, helping to prevent escalation to arbitration or litigation and fostering ongoing cooperation between the parties.
JOINT ADJUSTMENT BOARD. Both parties of this Agreement hereby agree to establish a Joint adjustment Board to the end of strengthening and protecting the Sheet Metal Industry. This Committee shall consist of three (3) Representatives from the Union and three (3) representatives from the employers. The Committee shall meet quarterly or as determined. Special meetings are subject to call. The Committee shall be empowered to take up such matters as they deem necessary to carry out the intent of both parties to this Agreement, including the protection of the jurisdictional awards of the Sheet Metal Industry. The Chairman and the Secretary shall be selected from members of the Committee.
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JOINT ADJUSTMENT BOARD. The parties to the agreement agree that a Joint Adjustment Board shall be formed of three (3) members and one (1) alternate selected by the Vancouver Island Sheet Metal Contractors’ Association and three (3) members and one (1) alternate selected by the Union. The Joint Adjustment Board shall be formed within one (1) month of the reference date of the Agreement by exchange of letters between the V.I.S.M.C.A. and the Union. The Joint Adjustment Board shall meet one (1) year prior to the expiration date of the Agreement at which time monthly meetings shall be scheduled in preparation for the next round of negotiations, except when:
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JOINT ADJUSTMENT BOARD. A. There is hereby established a Joint Adjustment Board to be composed of three representatives of the contractor and three representatives of the Union. The Joint Adjustment Board shall meet on special call and have authority to perform the functions set forth in Article X of the Standard Form of Union Agreement and shall further have authority to review and make decisions for the parties, or take upon its own motion, arising out of the interpretation, application, and operation of the provisions of the Agreement, problems with respect to labor supply and technical and economic matters, affecting the welfare of the Sheet Metal Industry and the General Public. B. The Joint Adjustment Board shall have authority to assess penalties for violation of contract terms. Such penalties, when taking the form of monetary assessments, shall be donated to charities or Apprentice Training Fund as designated by the assessing committee. The expense of these committees is to be borne by the respective organizations. C. Six (6) copies of complaints must be filed before the Joint Adjustment Board and be in the hands of the Secretary of the Joint Adjustment Board five (5) days prior to special-called meeting dates.
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JOINT ADJUSTMENT BOARD. The parties to the agreement agree that a Joint Adjustment Board shall be formed of three (3) members and one (1) alternate selected by the Vancouver Island Sheet Metal Contractors’ Association and three (3) members and one (1) alternate selected by the union.
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JOINT ADJUSTMENT BOARD. The Parties to the Agreement agree that a Joint Adjustment Board shall be formed of four (4) members and one
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JOINT ADJUSTMENT BOARD. The Union and the Employer, whether party to this Agreement independently or as a member of a multi-employer Bargaining Unit, agree to utilize and be bound by this Article.
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JOINT ADJUSTMENT BOARD. Proceeds will be used to reimburse IFUS for costs of arbitration under the provisions of ARTICLE X.
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Related to JOINT ADJUSTMENT BOARD

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Subsequent Adjustments In the event that the Assuming Institution or the Receiver discovers any errors or omissions as contemplated by Section 8.2 or any error with respect to the payment made under Section 8.3 after the Settlement Date, the Assuming Institution and the Receiver agree to promptly correct any such errors or omissions, make any payments and effect any transfers or assumptions as may be necessary to reflect any such correction plus interest as provided in Section 8.4.

  • Audit Adjustment If any audit of the records, books or accounts relating to the Properties discloses an overpayment or underpayment of Management Fees, Owner or Manager shall promptly pay to the other party the amount of such overpayment or underpayment, as the case may be. If such audit discloses an overpayment of Management Fees for any fiscal year of more than the correct Management Fees for such fiscal year, Manager shall bear the cost of such audit.

  • Supervisory Differential Adjustment The Appointing Officer shall adjust the compensation of a supervisory employee whose compensation grade is set herein subject to the following conditions:

  • Tax Adjustments The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 and 8, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.