1.6 “Lump Sum Payment” means a one-time payment that corresponds to other one-time payments, sometimes referred to as signature bonuses. The term “lump sum payment” does not expressly include the continuation or extension of lump sum payments currently provided for in existing settlement agreements between employers and unions referred to in clause 1.1 of this Agreement. 1.3.1 has the exclusive power to conduct collective bargaining with TEBA on behalf of all teachers in bargaining units and to bind teachers in each collective agreement with regard to essential conditions; and 1.4 “general wage increase” means a percentage of the salary increase that applies to all stages of all grids of a transaction agreement. (b) TEBA and the Association may mutually agree to continue with an arbitration body composed of a single arbitrator and not an arbitration body of three persons. If a general increase in wages is foreseen for a settlement agreement in the first year (1. The general increase(s) negotiated under this settlement agreement applies to the payroll, administrative allowances and daily rate of pay for the replacements of the collective agreements with the association, respectively for the first year and the second year. and enter into force on the same date as indicated in the relevant settlement agreement. If more than one general salary increase is negotiated for concordation agreements, the increases are not increased beyond several settlement agreements, but the highest general increase(s) are applied annually to the pay grid, management allowances and daily rate of remuneration of substitute teachers. . .

.