(Contractor name) is not to incur any additional costs under the contract until it receives a modification that increases the available funding. At this time, (Contractor name) may not recover costs in excess of the (dollar amount), the funding currently available for payment on the contract.
Also called a contract or a union contract, a collective bargaining agreement (CBA) is an legally binding contract between the employees (union) and the employer, arrived at through negotiations between the parties, which lays out the rights and duties of each party.
Sometimes there is no written or oral agreement, but the behavior of the employer and the employee can be viewed as an implied employment contract. Most employment contracts have common elements such as the employee's start date, salary, and benefits.Other provisions that often appear in employment contracts are listed here, so that you can think about what kind of employment contract is agreeable to you before you sign your next employment agreement.. CONFIDENTIALITY AGREEMENT. An employee confidentiality agreement is a contract (or part of a contract) in which the employee promises not to share any information about the details of the employer's business or the employer's secret processes, plans, formulas, data, or machinery.