Originally Posted by
FLY6584
So you're saying we should have been paid an additional 15% back in 2012? The market didn't even support that. The industry standard didn't support that either. Retro should be based on fair market value each year. You can't say that based on today's environment and the money we receive today should apply to a time 4 years ago when the market and industry were entirely different.
If you're going to label it "full retro" as has been already been done, then the entire agreement should be applied to the amendable date and retro calculated off of that. If not then it's not true "full retro".
I don't disagree with some of what you are saying but let's not label this as FULL retro.