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Agreement - Teamsters Local 399

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showing the names of those employees who have not claimed vacation<br />

pay and the amount of vacation pay due to each, together with a notice<br />

that unless claimed by July 15, such vacation pay will be sent to the<br />

Motion Picture Industry Pension Plan.<br />

(5) On or about July 15 of the second<br />

calendar year, unclaimed vacation pay will be contributed to the Motion<br />

Picture Industry Pension Plan and credited to the appropriate employee<br />

pension plan account. Money so contributed shall not be returned to the<br />

employee and shall fully discharge the Producer’s and Union’s<br />

obligations hereunder with respect to the payment of vacation pay.<br />

(iii) New signatory Producers shall adhere to the<br />

practice of paying vacation pay currently on a weekly basis unless other<br />

arrangements are made by them with the Union.<br />

67. Jurisdictional Disputes<br />

The Union agrees to cooperate in good faith with the Producer and<br />

other <strong>Local</strong> Unions in the industry in working out a method for the<br />

determination of jurisdictional disputes without work stoppages.<br />

Appropriate clauses shall be incorporated in this <strong>Agreement</strong> to cover any<br />

method or means that shall be agreed upon.<br />

68. Severance Pay<br />

(a)<br />

General<br />

(1) (i) An employee employed by the Producer under<br />

this <strong>Agreement</strong> or its predecessor agreements for one or more qualified<br />

years (as defined in subparagraph (f) hereof) whose employment is<br />

severed after August 1, 2012; or<br />

(ii) an employee who had at least one (1) qualified<br />

year (as defined in Paragraph 68(f) of this <strong>Agreement</strong>) as of August 1,<br />

1985 who has made the required application for retirement to the Motion<br />

Picture Industry Pension Plan at least sixty (60) days prior to retiring or<br />

has made the required application for retirement to any private<br />

retirement plan referred to in Article XV of the Trust <strong>Agreement</strong> of the<br />

Motion Picture Industry Pension Plan and who retires<br />

shall receive the applicable severance pay set forth below (as modified<br />

by subparagraphs (c) and (d) hereof) unless such employee is<br />

disqualified for severance pay purposes pursuant to subparagraph (e)<br />

hereof.<br />

-166-

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