In September 2003, the IAM reached a first agreement with DynCorp Technical Services at Florida-based Tyndall Air Force Base and Eglin Air Force base. The contract was ratified by an overwhelming majority. The following is a summary of the new collective bargaining agreement:

• 3 Year Agreements effective 30 August 2003

• 4% General Wage Increase the first year, 3.5% in the second year and 3% third year.

• Across the board wage adjustments of $2.36 per hour for all classifications to increase from AWD rates applied prior to the first year GWI

• Reduced employee cost for health care 45% the first year and additionally approximately 10% for each of the two remaining years

• Elective Opt Out provisions on Benefits for up to $2.36 per hour

• 30 Paid Holidays over life of the agreement

• 6 Paid Sick/Personal day per year

• IAM Pension Plan Accepted at .20 1^st year, .40 2^nd year and .60 3^rd year

• Additional bonus pay on several duty performed issues

• Agreement to offer the Machinists Custom Choices Worksite Benefits Programs

• Vacation: 2 weeks for 5 years or less, 3 weeks for over 5 but less than 11 years and 4 week over 11 years

• All time paid to count as time worked for overtime computation

• Recognition and pay for Leadman duties

• Agreement for Company paid for and supplied uniforms at Eglin unit and a Uniform Allowance and Maintenance Fee for the Tyndall unit

• Agreements to allow employees to wear Union Logo shirts as part of their uniforms

• New Technology Agreements securing coverage of new task being scheduled for Tyndall

• Standard IAM language provisions covering:

Recognition

Rights Of Management

Union Security & Agency Shop w/Dues Check off

Seniority Application

Union Stewards and Union Representation

Grievance and Arbitration Procedure

No Strike and No Lockouts Provision

Hours & Days of work

Job Descriptions

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