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ARTICLE XIV
BENEFITS PROVIDED BY LAW

Section 1. Subject to existing laws unless further revoked by subsequent laws the
UNIVERSITY shall continue to implement the provisions of existing benefits to all entitled
members.

Section 2. Within ninety (90) days from the date of signing of this Agreement and based on
existing laws, rules and regulations, the UNIVERSITY shall review and propose a revised
Incentives and Awards System for members.

ARTICLE XV
EFFECTIVITY AND DURATION

Section 1. This COLLECTIVE NEGOTIATION AGREEMENT shall take effect upon signing
by the Parties concerned and upon ratification by the majority of the members.

Section 2. Both parties agree that a point monitoring committee will equal membership shall
be crated and periodically convened to monitor the implementation of the provisions of this
agreement.

Section 3. If any provision of this Agreement or the application of such provision to any
employee or group of employees is declared invalid, the remainder of the Agreement shall
not be affected by such declaration.

Section 4. This Agreement will expire after three (3) years.

Section 5. The University agrees that once this agreement is ratified by both parties, the
University shall grant each members the amount of THREE THOUSAND (P3.000.00) for the
first year of implementation and additional ONE THOUSAND PESOS (P1,000.00) per year
for the two remaining years during the three-year duration of this agreement as Collective
Negotiation Agreement Signing Incentive.