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The standard process for these elections is that members read the contract (and any associated documents), and then vote either Yes or No on whether they approve of the terms outlined in the contract. If the majority votes in favour of the contract, the contract is ratified.
: to approve and sanction formally : confirm ratify a treaty.
What is the difference between signing and ratifying of a treaty? By signing a treaty a country expresses the intention to abide by the treaty but is not legally bound to do so. When a state ratifies a treaty, it agrees to be legally bound to abide by the treaty.
How to Ratify a ContractLook over the agreement and make sure you understand the terms and conditions. If you ratify one part of the contract, you have to ratify the entire agreement.Make an express or implied declaration that you accept the terms.Continue honoring the terms of the contract as normal.
After approval has been granted under a state's own internal procedures, it will notify the other parties that they consent to be bound by the treaty. This is called ratification. The treaty is now officially binding on the state.