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“This offer recognizes the contributions our employees make to the Company’s success and future,” Mike Fitzsimmons, Boeing’s vice president of labor relations, wrote in a letter to union ...
(Reuters) -Boeing increased its wage proposal to tens of thousands of striking workers on Monday, offering a 30% general wage increase over four years in what it called its "best and final" offer ...
On Dec. 21, CAPS members again said “no,” marking only the second time a state employee union has rejected a last, best and final offer, also known as an LBFO.
Such disputes may be resolved by reference to the 'last document rule', i.e. whichever business sent the last document, or 'fired the last shot' (often the seller's delivery note) is held to have issued the final offer and the buyer's organisation is held to have accepted the offer by signing the delivery note or simply accepting and using the ...
A settlement offer or offer to settle is an offer to resolve an outstanding issue or account. This may involve a statutory offer to compromise in a civil lawsuit.In either case, it involves communication from one party to the other suggesting a settlement, or an agreement to fully and finally resolve the outstanding issue, account, or dispute.
A standard form contract (sometimes referred to as a contract of adhesion, a leonine contract, [a] a take-it-or-leave-it contract, or a boilerplate contract) is a contract between two parties, where the terms and conditions of the contract are set by one of the parties, and the other party has little or no ability to negotiate more favorable terms and is thus placed in a "take it or leave it ...
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