Common use of Letter of Understanding Regarding Clause in Contracts

Letter of Understanding Regarding. Job Evaluation for the Maintenance, Printing, Residence and Operations Group: It is agreed by the parties that the positions in Maintenance, Printing, Residence and Operations will be evaluated in accordance with the existing Joint Job Evaluation System by the Job Evaluation Committee according to the same terms applicable to all other job evaluation within the next two years. As soon as the ratings are completed, the parties will meet to discuss appropriate placement on the salary grid. Resolution of this issue will take into consideration the integrity of the existing salary scale. If no agreement can be reached either party may refer the matter to a mutually agreeable arbitrator for final resolution. It is agreed between the parties that this measure satisfies the requirement of the Pay Equity Act and does not constitute a changed circumstance. Retroactivity will be effective as of July 1, 2000. The parties agree that should the adjustment exceed $30,000 the additional adjustments will be paid out in the following year. It is also understood that any member assigned to a grade lower than their current salary, such employee shall maintain her/ his salary rate and, in the future, shall receive the same salary scale increase as is negotiated. Until all positions are evaluated, the members will continue to receive the across-the-board increases as negotiated. DATED at Sudbury, Ontario, this day of , 2000. SCHEDULE "N"LETTER OF UNDERSTANDING BETWEEN:

Letter of Understanding Regarding. Job Evaluation for the Maintenance, Printing, Residence and Operations Group: It is agreed by the parties that the positions in Maintenance, Printing, Residence and Operations will be evaluated in accordance with the existing Joint Job Evaluation System by the Job Evaluation Committee according to the same terms applicable to all other job evaluation within the next two years. As soon as the ratings are completed, the parties will meet to discuss appropriate placement on the salary grid. Resolution of this issue will take into consideration the integrity of the existing salary scale. If no agreement can be reached either party may refer the matter to a mutually agreeable arbitrator for final resolution. It is agreed between the parties that this measure satisfies the requirement of the Pay Equity Act and does not constitute a changed circumstance. Retroactivity will be effective as of July 1, 2000. The parties agree that should the adjustment exceed $30,000 the additional adjustments will be paid out in the following year. It is also understood that any member assigned to a grade lower than their current salary, such employee shall maintain her/ his salary rate and, in the future, shall receive the same salary scale increase as is negotiated. Until all positions are evaluated, the members will continue to receive the across-the-board increases as negotiated. DATED at Sudbury, Ontario, this day of , 2000. SCHEDULE "N"LETTER “N” LETTER OF UNDERSTANDING BETWEEN:UNDERSTANDING