Moved from Lane topic. I would really like to see if this argument has merit.
To be clear, it is my understanding that any gains from the "no" TWU title groups would not benefit the "yes" TWU title groups per the precise wording of the “Me, too, provision”. Little states otherwise. "The “me too” clauses pertain to any potential gains achieved by APA or APFA as well as any gains any TWU represented unit achieves."
1) Notwithstanding any provision to the contrary in this Restructuring Agreement
(“Agreement”), the terms of the Agreement shall not become effective until the
Company has received approval to implement, through binding agreement,
and/or implemented by legal unilateral authority, revisions to (i) the labor
contracts of the Company’s other non-TWU unionized employees and (ii) the
wages, benefits and working conditions of the Company’s non-union hourly
employees and (iii) the wages, benefits and working conditions of the non-union
salaried and management employees so that the aggregate revisions in (i),(ii) and
(iii) for each individual non-TWU union and non-union employee group are
reasonably projected by the Company to produce the targets for labor cost
savings specified in the Company’s Section 1113© motion.
2) The Company agrees that if the Company fails to implement the changes
described in paragraph 1 for any other non-TWU union or non-union employee
group, without implementing other changes that are reasonably projected by the
Company to achieve equivalent labor cost savings, the Company will meet with
TWU to discuss and agree upon a proportionate reduction in projected labor cost
savings under the Agreement. This paragraph shall expire upon the earlier of 1)
six (6) months after the date the Company emerges from the bankruptcy process;
or 2) when the changes described in paragraph 1, or other changes that are
reasonably projected by the Company to achieve equivalent labor cost savings,
are implemented for all non-TWU union or non-union employee groups.
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3) The Company further agrees that if it obtains modifications to agreements with
other non-TWU union groups that result in labor cost savings to the Company
from reduction in TWU represented employees working under TWU agreements,
it will meet with TWU to discuss and agree upon an appropriate credit to the TWU
based on the level of labor cost savings realized by the Company from that
reduction.
