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SETTLE`fE1vT AGREE`lEVT <br />October 15. 1986 <br />~` Page 2 <br />Adopt letter of agreement (Pension Assets) as provided in Appendix P. <br />Eliminate all provisions related to shift differential (P6M). <br />For employees of the Production and Maintenance, Clerical and Technical <br />and Plant Protection bargaining units, eliminate the Hemorandum of <br />Understanding on Earnings Protection and Memorandum of Understanding on <br />Earnings Protection and Hrsoorandums of 1laderstanding on Salaried Employees' <br />Income Protection Plan. <br />Effective October 15, 1986, amend the Supplemental Unemployment Benefit <br />Plan to provide that amounts now payable under such Plan shall be reduced <br />by 50X. <br />tiodify the 1982 Profit Sharing Plan as provided in Appendix Q. <br />Establish a new Profit Sharing Plan effective January 1, 1987 as provided <br />in Appendix R. <br />Provide for an Employee Stock Ownership Plan (ESOP) as provided in Appendix 5. <br />Any rate retentions payable under the appropriate collective bargaining <br />agreements shall be adjusted as necessary to carry out the intent of this <br />Agreement. <br />The termination daces of all the Basic Agreements shall be modified so as <br />not to terminate earlier than October 15, 1989. the Insurance Agreement, <br />Pensioners' Health Insurance Agreement, the Pension Agreement, and the <br />SUB Plan will remain in effect until December 31, 1989. <br />This Agreement is subject to ratification. <br />