Common use of CPI Clause in Contracts

CPI. If the CPI increase exceeds three percent (3%) then the Employer shall pay employees at top rate in Grid B, Service Clerk, Pharmacy Technician and Specialty Department classifications one-half cent ($0.005) per hour paid for each one-third of one percent (.333%) that the CPI increase exceeds three percent (3%). In all other classifications, the Employer shall pay employees at top rate of their classification one cent ($0.01) per hour paid for each one-third of one percent (.333%) that the CPI increase exceeds three percent (3%). Hours paid shall mean the hours paid in the fifty-two (52) weeks prior to March 28, 2004. The above calculation shall also be made in April, 2005; April, 2006; April, 2007; April, 2008, as follows: Calculation Date CPI Increase Comparison Hours Paid Calculation April, 2005 March, 2005 vs. March, 2004 52 weeks prior to March 27, 2005 April, 2006 March, 2006 vs. March, 2005 52 weeks prior to April 2, 2006 April, 2007 March, 2007 vs. March, 2006 52 week prior to April 1, 2007 April, 2008 March, 2008 vs. March, 2007 52 week prior to March 30, 2008 1. March, 2005: B.C. CPI. = 154.8

CPI. If the CPI increase exceeds three percent (3%) then the Employer shall pay employees at top rate in Grid B, Service Clerk, Pharmacy Technician Production Clerk and Specialty Department Clerk classifications one-one half cent ($0.005) per hour paid for each one-third of one percent (.3330.333%) that the CPI increase exceeds three percent (3%). In all other classifications, the Employer shall pay employees at top rate of their classification one cent ($0.01) per hour paid for each one-third of one percent (.3330.333%) that the CPI increase exceeds three percent (3%). Hours paid shall mean the hours paid in the fifty-two (52) weeks prior to March 28, 2004. The above calculation shall also be made in April, 2005; April, 2006; April, 2007; April, 2008, as follows: Calculation Date CPI Increase Comparison Hours Paid Calculation April, 2005 March, 2005 vs. March, 2004 52 weeks prior to March 27, 2005 April, 2006 March, 2006 vs. March, 2005 52 weeks prior to April 2, 2006 April, 2007 March, 2007 vs. March, 2006 52 week weeks prior to April 1, 2007 April, 2008 March, 2008 vs. March, 2007 52 week weeks prior to March 30, 2008 1. March*B.C. CPI as supplied by Statistics Canada Example for April, 2005: B.C. CPI. = 154.8:

CPI. If the CPI increase exceeds three percent (3%) then the Employer shall pay employees at top rate in Grid B, Service Clerk, Pharmacy Technician and Specialty Department classifications one-half cent ($0.005) per hour paid for each one-third of one percent (.333%) that the CPI increase exceeds three percent (3%). In all other classifications, the Employer shall pay employees at top rate of their classification one cent ($0.01) per hour paid for each one-third of one percent (.333%) that the CPI increase exceeds three percent (3%). Hours paid shall mean the hours paid in the fifty-two (52) weeks prior to March 28, 2004. The above calculation shall also be made in April, 2005; April, 2006; April, 2007; April, 2008, as follows: Calculation Date CPI Increase Comparison Hours Paid Calculation April, 2005 March, 2005 vs. March, 2004 52 weeks prior to March 27, 2005 April, 2006 March, 2006 vs. March, 2005 52 weeks prior to April 2, 2006 April, 2007 March, 2007 vs. March, 2006 52 week prior to April 1, 2007 April, 2008 March, 2008 vs. March, 2007 52 week prior to March 30, 2008 1. March*B.C. CPI as supplied by Statistics Canada Example for April, 2005: B.C. CPI. = 154.8:

CPI. If the CPI increase exceeds three percent (3%) then the Employer shall pay employees at top rate in Grid B, Service Clerk, Pharmacy Technician Production Clerk and Specialty Department Clerk classifications one-one half cent ($0.005) per hour paid for each one-third of one percent (.333%) that the CPI increase exceeds three percent (3%). In all other classifications, the Employer shall pay employees at top rate of their classification one cent ($0.01) per hour paid for each one-one- third of one percent (.333%) that the CPI increase exceeds three percent (3%). Hours paid shall mean the hours paid in the fifty-two (52) weeks prior to March 28, 2004. The above calculation shall also be made in April, 2005; April, 2006; April, 2007; April, 2008, as follows: Calculation Date CPI Increase Comparison Date Hours Paid Calculation April, April 2005 March, March 2005 vs. March, March 2004 52 weeks prior to March 27, 2005 April, April 2006 March, March 2006 vs. March, March 2005 52 weeks prior to April 2, 2006 April, April 2007 March, March 2007 vs. March, March 2006 52 week weeks prior to April 1, 2007 April, April 2008 March, March 2008 vs. March, March 2007 52 week weeks prior to March 30, 2008 1. March*B.C. CPI as supplied by Statistics Canada Example for April, 2005: B.C. CPI. = 154.8: