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Ratification is the official way to confirm something, usually by vote. It is the formal validation of a proposed law. We almost never use the word ratification except to talk about process by which proposed laws, treaties, and agreements are officially recognized.
Ratified contracts are most commonly used in real estate and refer to a legally binding agreement that has been initially accepted by both the buyer and the seller, typically following negotiations and the signing of a purchase offer.
Ratification: approval of agreement by the state 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.
Except as specifically amended hereby, the Agreement is hereby ratified and confirmed in all respects and remains in full force and effect, it being the intention of the parties hereto that this Amendment and the Agreement be read, construed and interpreted as one and the same instrument.
Our general salary increase, our wage equity increase, and our unit-based Special Salary Adjustments are retroactive to July 1, 2023. Our general salary increase is 10%. All represented employees would receive a 3% pay raise, retroactive to July 1, 2023, on top of any other special salary adjustments (SSAs).
All employees represented by Local 1000 would receive a 3 percent pay increase in 2023-24. 3 Percent July 1, 2024. All employees represented by Local 1000 would receive a 3 percent pay increase in 2024-25.
General Salary Increases (Section 3.26) Effective July 1, 2022, all Bargaining Unit (BU) 9 classifications shall receive a general salary increase of 2.5 percent. Effective July 1, 2023, all BU 9 classifications shall receive a general salary increase of 3 percent.
Ratification defines the international act whereby a state indicates its consent to be bound to a treaty if the parties intended to show their consent by such an act.