| | | 6.__The surviving corporation shall confirm that it continues | | to recognize the union that represents the district's employees, | | immediately on the effective date of the merger.__After the | | merger is effected, the union and the surviving corporation shall | | negotiate to replace or modify the existing contract to reflect | | the status of the surviving corporation as a private nonprofit | | entity, as they may mutually agree. |
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| | | This bill allows Hospital Administrative District No. 1, which | | operates Penobscot Valley Hospital, to convert by merger into a | | private nonprofit, nonstock corporation. |
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