Common use of Step Up Clause in Contracts

Step Up. The Employer may release the product in other forms covered by this Agreement upon payment of the difference between the educational rate paid and the applicable rate for the product under this Agreement. Step-up payments, pension payments and the appropriate B-form shall be due within fifteen (15) days after the step-up release.

Appears in 4 contracts

Sources: Integrated Media Agreement, Integrated Media Agreement, Integrated Media Agreement