A-7 Clause Samples

A-7. If discipline assessed is a reprimand and an employee maintains an unblemished record from the date of the G-32 (Notice of Discipline) for a one (1) year period (including warnings) then the reprimand will be removed from his/her record. If an employee is assessed discipline of a sixty (60) day suspension or less and maintains an unblemished record from the date of the G-32 (Notice of Discipline) for a two (2) year period (including warnings), then the discipline will be removed from his/her record. It is understood that the two (2) year period of expungement will commence on February 24, 1995. REGULATION NO.7 - MISCELLANEOUS‌ (a) A place shall be provided in all shops and engine houses, where, under lock and key, Company notices affecting shop operation shall be posted. (b) A place shall be provided in all shops and engine houses, where, under lock and key, union representatives may post notices of interest to the employees. No notice shall be posted without the permission of the shop management.

A-7. 8.3 Contractor Employees - Experience and Training . .

A-7. REPORT OF INDEPENDENT ACCOUNTANTS To the Board of Directors and Stockholders of Novavax, Inc.: We have audited the combined financial statements of Novavax, Inc. and subsidiaries as listed in the Index to Appendix A to the Information Statement of Novavax, Inc. These financial statements are the responsibility of Novavax's management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits in accordance with generally accepted auditing standards. These standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and the disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly, in all material respects, the combined financial position of Novavax, Inc. and its subsidiaries at December 31, 1994 and 1993 and the combined results of their operations and their cash flows for each of the three years in the period ended December 31, 1994 in conformity with generally accepted accounting principles. Coopers & ▇▇▇▇▇▇▇ L.L.P. ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇ March 31, 1995, except for Note 7; as to which the date is November 9, 1995 A-2 NOVAVAX, INC. AND SUBSIDIARIES COMBINED BALANCE SHEETS SEPTEMBER 30, DECEMBER 31, DECEMBER 31, 1995 1994 1993 ------------- ------------ ------------ (UNAUDITED) ASSETS Current assets: Cash............................... $ 17,513 $ 16,221 $ 17,966 Accounts receivable................ -- 475,000 134,000 Prepaid expenses................... 37,342 10,624 116,084 ------------ ------------ ------------ Total current assets............... 54,855 501,845 268,050 ------------ ------------ ------------ Furniture and equipment--at cost... 2,122,638 2,061,212 1,932,942 Accumulated depreciation......... (663,806) (516,691) (323,290) ------------ ------------ ------------ 1,458,832 1,544,521 1,609,652 ------------ ------------ ------------ Patent costs, net of accumulated amortization of $283,368, $239,268 and $176,768 in 1995, 1994, and 1993, respectively.................. 1,257,569 1,073,930 885...