SECTION 1003 Money for Securities Payments to Be Held in Trust.............................55
SECTION 701 Corporation to Furnish Trustee Names and Addresses of Holders ............................................... 45 SECTION 702. Preservation of Information; Communications to Holders ... 46
SECTION 801 Company May Consolidate, Etc., Only on Certain Terms..................................... 37
SECTION 803 Certain Rights of Property Trustee....................................................37
ARTICLE Seniority shall commence to accrue upon completion of thirty (30) days probationary service with the Company and will revert back to actual starting date, The Company shall maintain a seniority list at all times and such lists shall be available for inspection at reasonable times by Officials of the Association. "Branch seniority'' is the total number of months an Employee has been employed at an individual branch, excluding part time Employees. Branch seniority shall be used; where qualifications and ability are equal, in determining the allocation of equipment. There shall be no bumping privileges used in the seniority system. At any time that a reduction in the personnel of the Company is necessary such reductions shall be determined on the basis of Company seniority and similarly in the re-hiring of laid-off personnel, the Employees with the greatest seniority shall be the first to be re-hired unless the classification does not warrant this, provided qualifications and ability are equal. Any Employee who has been laid-off for a period exceeding six (6) months shall, unless otherwise agreed, by the Officials of the Association and the Company, lose his seniority and if he is hereafter employed by the Company he shall be deemed to be a new Employee. An Employee may be granted a Leave of Absence for a period not exceeding six (6) months and shall not during the period lose his seniority among the Employees of the Company provided the said leave is applied for in writing and agreed to by the Association and the Company. Should the Employee wish his medical aid* to be maintained he must deposit with the Company three (3) months total of premiums on leaving and pay the last three (3) months premiums on notice, the Medical Aid Programme* is terminated on lay-off. * Provincial Health Care Only. Employees promoted to supervisory positions or positions not subject to this agreement shall retain their seniority for a period of nine (9) months in the Association should they not be able to hold the new job. If an Employee has been laid-off in accordance with the terms of this Article, he shall maintain contact with the Company by informingthe Company of his current address and of any change or changes which occur in his address during the period of lay-off. In the event that an Employee eligible for work in accordance with this Article the Company shall give notification to him. In the event that the said Employee does not contact the Company within one (I)week of the mailing of the said letter, the Company shall be free to call in to work the next Employee on the seniority list. This will not apply to a temporary call-back, The Association shall have the right, from time to time and at any time, to approach the Company in reference to lay-off, seniority and other matters in connection with this Article. When medically unfit to perform their duties, drivers will be continued on the seniority list until fit, or for (2) years, whichever comes first.
SECTION 1301 Company's Option to Effect Defeasance or Covenant Defeasance..... 56 Section 1302. Defeasance and Discharge......................................... 56
Section 601 Certain Duties and Responsibilities...................................................... 29
SECTION 102 Compliance Certificates and Opinions...........................7 SECTION 103. Form of Documents Delivered to Trustee.........................8 SECTION 104. Acts of Holders................................................9
SECTION 905 Conformity with Trust Indenture Act..................
Section 702 Representations and Warranties of the Delaware Bank and the Delaware Trustee ......32
