www.
SoCo Guy
- Joined
- Mar 18, 2006
- Posts
- 821
No, it means both ALPA and the company must agree to the arbiter's contract. If neither of us agrees, then the 30 day cooling off period starts and the frantic negotiations begin.
No it means that a proffer of binding arbitration is offered to both parties. If either does not except then the process would move forward meaning the possibility of 30 day cooling off.
If both parties agree to binding arbitration, then the arbitrator will come up with an agreement and both parites are bound by it.