Common use of Re-Opening Clause in Contracts

Re-Opening. In the event that the Employer agrees to grant a general wage increase, agrees to a different health plan design, or agrees to less contributions to the health plan working rates with any other bargaining unit, during the term of this Agreement, the Parties shall reopen negotiations within thirty (30) days after the Association makes a written demand upon the Employer to exercise this re-opener. 22.4.1. Affordable Care Act (ACA) Excise Tax (aka Cadillac Tax) Re-Opening: The parties recognize that the ACA contains provisions that may impose a Cadillac Tax on health insurance benefits that exceed certain parameters defined in the ACA. The Parties further agree that it is in their Best interest to act together to alleviate the financial impact of such a tax upon the State.