Is anyone else concerned that it will be longer than a year for PBS to be implemented? It seems to me that the company gets a lot of concessions from us prior to the implementation and could drag their feet. The language, if I can recall correctly, uses the word "intends" to be completed within 12 months... the penalty for not implementing this is expedited arbitration. The word "intend" is just too vague, I would have preferred shall or must with a monetary penalty. I could see them taking this to the bottom of the ninth to put in place.

The whole sell of PBS is to gain better rigs and min per duty day. After reviewing vacation and reserve drops, the PBS language isn't great but section 25 (prior to PBS) is just awful...

Disclaimer: It was late when I read it last night and I could be wrong, just my initial thoughts.

I was a borderline yes vote but definitely leaning to a no vote.