Originally Posted by
Sink r8
Battled-hardened is fine.
I'll stipulate to the fact we're a very healthy company, needing no concessions, that can afford to do better.
And I agree that this needs to be focused on the facts.
We don't really know what the future holds. Some of recent trends are positive, some aren't. The farther out we try to forecast, the more inaccurate we get.
None of which changes the fact that this TA is early, and the normal timeline takes us almost three years from now.
Is that fair?
Sure. The predictability is less certain the further out in the future. This pay is not significant enough a price for the concessions. This is our opportunity, it may take time. A normal amount of section 6 time. We are early.
The future holds a well executed 3-5 year business plan, The further future has a 5+ year plan. Given the track record of this management there will be success. If you are referring to a catastrophic event, lets cross that bridge when we come to it. The profit sharing is an excellent shock absorber in that case if the company fails to make a profit.