Common use of Market Supplements Clause in Contracts

Market Supplements. In the event that the Company determines, during the life of this Agreement, that market conditions require it to offer compensation in excess of that prescribed by this Agreement for purposes of retention or recruitment, the Company may increase the compensation for any classification upon notice to the Union of such action. It is understood and agreed that the supplement will then be payable to every pilot in the said classification. The supplement will be added to Appendix ‘A’.

Market Supplements. In the event that the Company Employer determines, during the life of this Agreement, that market conditions require it to offer compensation in excess of that prescribed by this Agreement for purposes of retention or recruitment, the Company Employer may increase the compensation for any classification upon notice to the Union of such action. It is understood and agreed that the supplement will then be payable to every pilot in the said classification. The supplement will be added to Appendix ‘A’.A.