JOURNEYMAN WAGES effective May 31, 2010 through May 31, 2011

Wages                                                Straight Time                        Time and ½   Double Time

Wage on check                               $32.70                                    $49.05            $65.40

Vacation & Holiday                           2.75                                         5.50                5.50

*includes V & H $2.75/hr.

which can be on check or upon request,

deposited to a separate account

Dues Check-Off                                    1.36                                       1.36                1.36

*Dues Check Off $1.36/hr.

to be forwarded with fringe

contribution monthly                              $36.81                                 $55.91              $72.26

TOTAL TAXABLE WAGES             $36.81                                 $55.91              $72.26

NON TAXABLE FRINGES:

Health & Welfare                             $9.15                          $24.85

Pension-Defined Benefit                8.50                             *1.36 Dues Check-Off

Pension-Defined Contribution     2.00                           $26.21 times total hours worked           

       Payable monthly to administrator

Apprentice Training                          .60                         

Retiree/Widow Fund                          .65                   

S.U.B. Fund                                       3.00                             

International Training Fund            .10

Piping Education Council                .40

Appr. Reimbursement Fund            .45

Total non-taxable fringes          $24.85

TOTAL HOURLY PACKAGE     $61.66

                                                                                      Suggested Supervision Rates

                                                                                       General Foreman    25%     $8.18                                                                                          Area Foreman         20%     $6.54

                                                                                        Foreman                 15%     $4.91

            The Vacation & Holiday contribution is doubled for all overtime hours worked.  The per hour overtime portion of the Vacation & Holiday payment shall be paid directly to the employee on his regular paycheck.  The per hour regular rate is to be paid on the check or if requested by the employee, deposited in a bank account of his choice.