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bargaining, and that the understandings and agreements arrived at by the parties after the <br /> exercise of that right and opportunity are set forth in this Memorandum. Therefore, the City and <br /> the Union, for the duration of this Memorandum, each voluntarily and unqualifiedly waives that <br /> right, and each agrees that the other shall not be obligated, to bargain collectively with respect to <br /> any subject or matter, whether or not referred to or covered in this Memorandum or with respect <br /> to the effects upon employees of the City's exercise of its rights under the Memorandum, even <br /> though such subjects or matters or effects may not have been within the knowledge or <br /> contemplation of either or both of the parties at the time they negotiated or signed this <br /> Memorandum. <br /> ARTICLE 25 <br /> TERM OFAGREEMENT <br /> Section 1. This Agreement shall become effective. May 1, 2012 and shall remain in <br /> full force and effect until April 30, 2015. It shall be automatically renewed from year to year <br /> thereafter unless either party notifies the other in writing of its desire to amend the agreement on <br /> or before February 1, 2015 or on or beforeFebruary 1st of any subsequent year. If either party <br /> submits such written notice the parties' designated representatives shall commence negotiations, <br /> not later than March 31, 2015 or March 31 of any subsequent year. Notwithstanding the <br /> expiration date set forth above, this entire agreement shall remain in full force and effect during <br /> the period of negotiations and until a successor agreement is ratified by both parties. <br /> CITY GER PRESIDENT <br /> For the City of Decatu , llinois Decatur Police Benevolent and Protective <br /> Association Labor Committee <br /> DATED this day of March, 2013 DATED this � day of March, 2013 <br /> ATTEST: <br /> �41 —L4— <br /> CIT CLERK <br /> City of Decatur, Illinois <br />