|
LETTER 11 Ratification Bonus
Mr. James M. Parent Assistant Directing Business Representative District Lodge No. 26 I.A.M.A.W., AFL-CIO 365 New Britain Road Kensington, Connecticut 06037
Dear Mr. Parent: This letter will confirm the understanding and agreement between the Company and the Union concerning the payment of a $1500 ratification bonus. Following the ratification of this Agreement, employees who are both on the payroll of the Company and covered by this Agreement as of December 6, 2004, shall receive a $1,500 cash bonus. No other employee or former employee shall be eligible for this bonus. The cash bonus will be paid under the following guidelines:
Sincerely, James R. Miller Vice President, Industrial Relations Accepted this 6th day of December 2004
|