Common use of Memorandum of Settlement Clause in Contracts

Memorandum of Settlement. Upon completion of negotiations for a new contract, if an Agreement is reached between the Employer and the Union Negotiating Committee, a memorandum of full settlement shall be drawn up and signed by the parties covering all and every amendment to the contract before the Agreement is presented by the Union to the membership for ratification.

Memorandum of Settlement. Upon completion of negotiations for a new contract, if an Agreement agreement is reached between the Employer hotel and the Union Negotiating Committeenegotiating committee, a memorandum of full settlement shall be drawn up and signed by the parties covering all and every amendment to the contract before the Agreement is presented by the Union to the membership for ratification.