CONTRACT EXTENSION AGREEMENT

EX-10.12 2 wga_ex10-12.htm IBEW CONTRACT EXTENSION AGREEMENT AND CONTRACT CONSIDERATIONS wga_ex10-12.htm
CONTRACT EXTENSION AGREEMENT
 
The undersigned, as authorized signatories for IBEW Local 1031 and Wells Gardner Electronics respectively, hereby agree to the following:
 
1.  
The existing collective bargaining agreement, with all its terms and provisions excepting only provisions that would otherwise cause it to expire or terminate on June 30, 2011 is hereby extended and continued in effect until July 29, 2011.
 
Signed this  28th day of June, 2011
 
WELLS GARDNER ELECTRONICS
  
LOCAL 1031, INTERNATIONAL BROTHERHOOD OF
ELECTRICAL WORKERS,
AFL-CIO
BY:
   /s/ Gene Ahner  
BY:
   /s/ José A. Caez
 
Gene Ahner
    
José A. Caez
 
Human Resources Director
    
Business Manager/Financial Secretary

 


 
 
 

CONTRACT CONSIDERATIONS
 
July 19, 2011
 

 
1.
  
WG will continue to pay any increase required by law to maintain the union pension plan at its present level.
     
2.
  
BC/BS medical plans will continue as they are without any increase in employee contributions to the plans
     
3.
  
In line with the rest of the company,  there will be no wage increases for the present contract  year.
     
4.
  
In appreciation for the hard work and cooperation of every one, there will a one time payment of $250 to all active employees at the time of the signing of the contract.
     
5.
  
The contract will be a one year contract.
     

 
Signed:
   /s/ José A. Caez     /s/ Gene Ahner
   7/19/11 Local 1031 IBEW    7/19/11  HR Director