Common use of IUE-CWA Buy Down Amount Clause in Contracts

IUE-CWA Buy Down Amount. (1) To fund the IUE-CWA buy xxxxx, XX agrees to pay to Delphi an amount equal to the sum of $105,000 times the number of production employees who do not accept an attrition option in any amount at any site (excluding Gadsden and temporary employees) plus $10,000 times the number of skilled trades employees who do not accept an attrition option in any amount at any site (excluding Gadsden and temporary employees) as set forth in Section C.3.c. and Attachments A and F of the IUE-CWA MOU (the “IUE-CWA Buy Down Amount”).

Appears in 2 contracts

Samples: Global Settlement Agreement (General Motors Corp), Global Settlement Agreement (Delphi Corp)

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IUE-CWA Buy Down Amount. (1) To fund the IUE-CWA buy xxxxx, XX agrees to pay to Delphi an amount equal to the sum of $105,000 times the number of production employees who do not accept an attrition option in any amount at any site (excluding Gadsden and temporary employees) plus $10,000 times the number of skilled trades employees who do not accept an attrition option in any amount at any site (excluding Gadsden and temporary employees) as set forth in Section C.3.c. and Attachments A and F of the IUE-IUE- CWA MOU (the "IUE-CWA Buy Down Amount").

Appears in 1 contract

Samples: Master Restructuring Agreement

IUE-CWA Buy Down Amount. (1) To fund the IUE-CWA buy xxxxxdxxxx, XX agrees to pay to Delphi an amount equal to the sum of $105,000 times the number of production employees who do not accept an attrition option in any amount at any site (excluding Gadsden and temporary employees) plus $10,000 times the number of skilled trades employees who do not accept an attrition option in any amount at any site (excluding Gadsden and temporary employees) as set forth in Section C.3.c. and Attachments A and F of the IUE-CWA MOU (the “IUE-CWA Buy Down Amount”).

Appears in 1 contract

Samples: Global Settlement Agreement (General Motors Corp)

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IUE-CWA Buy Down Amount. (1) To fund the IUE-CWA buy xxxxx, XX agrees to pay to Delphi an amount equal to the sum of $105,000 times the number of production employees who do not accept an attrition option in any amount at any site (excluding Gadsden and temporary employees) plus $10,000 times the number of skilled trades employees who do not accept an attrition option in any amount at any site (excluding Gadsden and temporary employees) as set forth in Section C.3.c. and Attachments A and F of the IUE-CWA MOU (the "IUE-CWA Buy Down Amount").

Appears in 1 contract

Samples: Settlement Agreement

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