ALPA T/A?

ALPA/UAL Restructuring Agreement
UAL Corp., United Air Lines, Inc. and the Air Line Pilots Association, International
will enter into a Restructuring Agreement (“Restructuring Agreementâ€￾) to enable
the successful reorganization, restructuring and transformation of United and
UAL and upon the following terms and conditions. Unless otherwise stated, all
terms of the 2000 Collective Bargaining Agreement between the parties
(“Agreementâ€￾) remain in full force and effect, provided the 2000 Agreement will
be modified as necessary to enable and to reflect the terms of this Restructuring
Agreement together with its Attachments A through L, inclusive, further detailing
the agreements reached. This Restructuring Agreement supersedes the Interim
Relief Letter of Agreement, which remains in effect until the effective date of this
Restructuring Agreement.
Duration Effective date of May 1, 2003; amendable date of May 1, 2009.
Duration
Clause
Revise the duration clause to provide:
“This Agreement shall become effective May 1, 2003, shall
continue in full force and effect until May 1, 2009 and shall
thereafter renew itself yearly without change unless written
notice of intended change is served in accordance with Title I,
Section 6 of the Railway Labor Act, by either party at least
thirty (30) but not more than two hundred and seventy (270)
days prior to May 1, 2009 or May 1 of any year thereafter upon
written notice by either party thereto.â€￾
Wage Rates Eliminate the base hourly pay increases in Section 3-B
scheduled for May 1, 2003 and May 1, 2004. Effective May 1,
2003, reduce base hourly pay rates as in effect on December
31, 2002 by thirty percent (30%); increase base hourly pay
rates by 1.5% on May 1, 2006, 2007 and 2008 and on April 30,
2009.
Variable
Benefits
B Plan, life, disability and other compensation-based welfare
benefits based on reduced actual wage rates. Effective May 1,
2003, the Company contribution to the B Plan will be reduced
to 9%.