But what are its practical implications and what will happen if the nominal expiration date passes? Under the Fair Work Act 2009, the following new company agreements can be concluded: the terms of a company agreement, transitional instruments (basis of government procurement or agreements) and modern public procurement cannot exclude the NES, and those that do have no effect. Form F20 – Employer Declaration in Support of the Application for Approval of a Green Prairie Agreement pursuant to Subsection 182(3) of the Act Before approving a company agreement, the Fair Work Commission must be satisfied that approval of the agreement would not in good faith prejudice the negotiations of one or more negotiators for a proposed company agreement. The Fair Work Commission may define a job which sets out the conditions to which it applies. The parties to a Greenfields agreement are the employer (or employer in an agreement involving several companies in the green grasslands) and one or more relevant workers` organizations (usually a trade union). (f) by the employer or employers concerned, with each of the workers` organizations which were negotiators for the agreement; and an undertaking agreement shall contain the following conditions: 1. Where the workers of the employer or of any employer covered by a proposed undertaking agreement which is not an agreement in the green grasslands have been asked to approve the agreement referred to in paragraph 181(1), the agreement shall be reached where a majority of workers have voted validly: approves the agreement. A company agreement sets out the minimum conditions of employment between one or more employers and their employees or a group of their employees. The agreement may apply either in isolation from another price or contain certain conditions of the respective higher price. . . .