Originally Posted by
MtEverest
Professor, I didn't catch the specific language speaking to the penalty for Delta going out of compliance with TA2015? There are host of showstopping issues preventing me from ever voting yes for it but for the record I would like for you to tell me what the specific penalty is for JV noncompliance?
There is no penalty delineated. Its a contract.
It would be impractical to set forth penalties for non-compliance for every section of the contract. I don't think this is any different.
We don't have language that specifies if the company doesn't pay us either.
If the company breaks the contract we grieve it and it is either arbitrated or litigated if required.