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A collective bargaining agreement (CBA) is a written contract negotiated between a union of workers and company management through collective bargaining. The purpose of a CBA is to establish the terms and conditions of employment, which may include wages, work hours, health insurance, retirement plans, dispute resolution, training, and vacations. The National Labor Relations Act guarantees employees the right to bargain collectively and choose their representatives. It is considered an unfair labor practice for either party to refuse to engage in good faith negotiations.