Originally Posted by
RockyBoy
Well the JV settlement, which we don't know what the details are yet,
There are no other details. We got $30 million for the violations to date.
There is no change to the existing contract.
If the TA is rejected and the existing contract remains in effect and the company is still out of compliance then we can file another grievance.
The distribution formula for the $30 mil is the same as profit sharing. Straight W-2.