Common use of FUTURE TERM Clause in Contracts

FUTURE TERM. The term of a successor agreement shall be up to five (5) years provided that if as of the date this current Agreement would otherwise expire (June 30, 2020), the Company has entered into an agreement with the National Science Foundation to operate a re- search vessel on and after that date, then the new Agreement shall correspond to the length of that operating agreement, not to exceed five years; upon such terms as are agreeable to the parties. FOR THE TRUSTEES OF COLUMBIA UNIVERSITY IN XXX XXXX XX XXX XXXX, XXXXXX - XXXXXXX EARTH OBSERVATORY: /s/ Xxxxxx Xxxxxxxx Vice President and Chief Human Resources Officer FOR THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS: /s/ Xxx X. Xxxxxxxxx Vice President Atlantic Ports (A) During each month that an employee is on active duty as Master, such employee will be paid Base Pay plus Sea Pay Bonus according to the employee's length of service as indicated in Appendix “A”. (B) During each month that an employee is on vacation the employee will be paid Va- cation Bonus according to the employee's length of service as indicated in Appendix “A”. (C) Vacation Pay will be paid to the Union Vacation Plan by the Company. The em- ployee will apply to the Plan to receive his net Vacation Pay (note Section 18). (D) A Holiday Bonus will be paid in the amount of two thousand dollars ($2,000) on January 1 and July 1 of each year of the contract to the Master. This money will not affect or be affected by any benefit plans. This is as per "Memorandum of Agreement" dated September 17, 2002. (E) Effective March 1, 2019, Masters will be paid a daily rate of pay for each day worked. The daily rate will be calculated by multiplying the monthly salary by twelve (12), dividing the product by three hundred sixty-four (364) days. 6 (F) The parties understand that a monthly salary is calculated for purposes of refer- ence and benefit calculation, however, employees are paid on a daily basis as set out in E above; employees are not paid a monthly rate. 6 This replaces the language in Section 8, Paragraph C, of the Collective Bargaining Agreement. Hired on or after 7/13/2012 Entry level 5 yr Seniority 10 yr Seniority 20 yr Seniority Effective 7/1/12 0% 2% 2% 3% Base Pay 6650 6783 6919 7126 Sea Pay bonus 5281 5387 5494 5659 Vacation Pay 0000 0000 0000 4276 Vacation Pay bonus 3169 3232 3297 3396 Effective 1/1/14 2.50% Base Pay 6816 6953 7092 7304 Sea Pay bonus 5413 5521 5632 5801 Vacation Pay 0000 0000 0000 0000 Vacation Pay bonus 3248 3313 3379 3481 Effective 7/1/14 2.50% Base Pay 6987 7126 7269 7487 Sea Pay bonus 5548 5659 5773 5946 Vacation Pay 4192 4276 4361 4492 Vacation Pay bonus 3329 3396 3464 3568 Effective 7/1/15 2.50% Base Pay 7161 7305 7451 7674 Sea Pay bonus 0000 0000 0000 6094 Vacation Pay 4297 4383 4470 4604 Vacation Pay bonus 3413 3481 3551 3657 Effective 7/1/16 2.50% Base Pay 7340 7487 7637 7866 Sea Pay bonus 5829 5946 6065 6247 Vacation Pay 0000 0000 0000 0000 Vacation Pay bonus 3498 3568 3639 3748 Effective 7/1/17 2.50% Base Pay 7524 7674 7827 8063 Sea Pay bonus 0000 0000 0000 6404 Vacation Pay 4514 4604 4696 4838 Vacation Pay bonus 3585 3657 3730 3842 Effective 7/1/18 2.50% Base Pay 7712 7866 8023 8264 Sea Pay bonus 0000 0000 0000 6561 Vacation Pay 4627 4720 4814 4958 Vacation Pay bonus 3675 3749 3824 3939 NOTE: Seniority increases are defined in Section 8. A 6.8% Administrative Fee, which is subject to change yearly, per Section 18. Health and Benefit Welfare Plan .......... Effective January 1, 2013 $67.01 for each Master on active duty. There are no pay- ments for Masters/Relief Masters while on va- cation. This number is subject to change yearly and will include the 1.5% of base wage to cover the co-pay requirement.

FUTURE TERM. The term of a successor agreement shall be up to five (5) years provided that if as of the date this current Agreement would otherwise expire (June 30, 20202019), the Company has entered into an agreement with the National Science Foundation to operate a re- search research vessel on and after that date, then the new Agreement shall correspond to the length of that operating agreement, not to exceed five years; upon such terms as are agreeable to the parties. FOR THE TRUSTEES OF COLUMBIA UNIVERSITY IN XXX XXXX XX XXX XXXX, XXXXXX - XXXXXXX EARTH OBSERVATORY: /s/ Xxxxxx Xxxxxxxx Vice President and Chief Human Resources Officer FOR THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS: /s/ Xxxxxx Xxxxxxxx Vice President and Chief Human Resources Officer Xxx X. Xxxxxxxxx Vice President Atlantic Ports (A) During each month that an employee a Licensed Deck Officer is on active duty as Mastera Li- censed Deck Officer, such employee Licensed Deck Officer will be paid Base Pay plus Sea Pay Bonus according to the employeeLicensed Deck Officer's length of service as indicated in Appendix “A”. (B) During each month that an employee a Licensed Deck Officer is on vacation vacation, the employee Licensed Deck Officer will be paid Va- cation Vacation Bonus according to the employeeLicensed Deck Officer's length of service as indicated in Appendix “A”.Appendix (C) Vacation Pay will be paid to the Union Vacation Plan by the Company. The em- ployee Licensed Deck Officer will apply to the Vacation Plan to receive his net Vacation Pay (note Section 1825). (D) A Holiday Bonus Licensed Deck Officers will be paid in the amount of two thousand dollars ($2,000) on January 1 and July 1 of each year of the contract continue to the Master. This money will not affect or be affected by any benefit plans. This is as per "Memorandum of Agreement" dated September 17, 2002. (E) Effective March 1, 2019, Masters will be paid a daily rate of pay for each day worked. The daily rate will be calculated by multiplying the monthly salary xxx- ary by twelve (12), ) and dividing the product by three hundred sixty-four (364) days. 6days (the three hundred sixty-four (364) days is equivalent to the previous formula of dividing the product by two thousand nine twelve (2,912) hours, and multiplying the result by eight (8) hours). (FE) The parties understand that a monthly salary is calculated for purposes of refer- ence reference and benefit calculationcalculations, however, employees are paid on a daily basis as set out in E D above; employees are not paid a monthly rate. 6 This replaces the language in Section 8, Paragraph C, of the Collective Bargaining Agreement. Hired on or after 7/13/2012 Entry level 5 yr Seniority 10 yr Seniority 20 yr Seniority Effective 7/1/12 0% 2% 2% 3% Base Pay 6650 6783 6919 7126 Sea Pay bonus 5281 5387 5494 5659 Vacation Pay 0000 0000 0000 4276 Vacation Pay bonus 3169 3232 3297 3396 Effective 1/1/14 2.50% Base Pay 6816 6953 7092 7304 Sea Pay bonus 5413 5521 5632 5801 Vacation Pay 0000 0000 0000 0000 Vacation Pay bonus 3248 3313 3379 3481 Effective 7/1/14 2.50% Base Pay 6987 7126 7269 7487 Sea Pay bonus 5548 5659 5773 5946 Vacation Pay 4192 4276 4361 4492 Vacation Pay bonus 3329 3396 3464 3568 Effective 7/1/15 2.50% Base Pay 7161 7305 7451 7674 Sea Pay bonus 0000 0000 0000 6094 Vacation Pay 4297 4383 4470 4604 Vacation Pay bonus 3413 3481 3551 3657 Effective 7/1/16 2.50% Base Pay 7340 7487 7637 7866 Sea Pay bonus 5829 5946 6065 6247 Vacation Pay 0000 0000 0000 0000 Vacation Pay bonus 3498 3568 3639 3748 Effective 7/1/17 2.50% Base Pay 7524 7674 7827 8063 Sea Pay bonus 0000 0000 0000 6404 Vacation Pay 4514 4604 4696 4838 Vacation Pay bonus 3585 3657 3730 3842 Effective 7/1/18 2.50% Base Pay 7712 7866 8023 8264 Sea Pay bonus 0000 0000 0000 6561 Vacation Pay 4627 4720 4814 4958 Vacation Pay bonus 3675 3749 3824 3939 NOTE: Seniority increases are defined in Section 8. A 6.8% Administrative Fee, which is subject to change yearly, per Section 18. Health and Benefit Welfare Plan .......... Effective January 1, 2013 $67.01 for each Master on active duty. There are no pay- ments for Masters/Relief Masters while on va- cation. This number is subject to change yearly and will include the 1.5% of base wage to cover the co-pay requirement.

FUTURE TERM. The term of a successor agreement shall be up to five (5) years provided that if as of the date this current Agreement would otherwise expire (June 30, 20202018), the Company has entered into an agreement with the National Science Foundation to operate oper- ate a re- search research vessel on and after that date, then the new Agreement shall correspond to the length of that operating agreement, not to exceed five years; upon such terms as are agreeable to the parties. FOR THE TRUSTEES OF COLUMBIA UNIVERSITY IN XXX XXXX XX XXX XXXX, XXXXXX - XXXXXXX EARTH OBSERVATORY: /s/ Xxxxxx Xxxxxxxx Interim Vice President and Chief Human Resources Officer FOR THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS: /s/ Xxx X. Xxxxxxxxx Vice President Atlantic Ports (A) During each month that an employee is on active duty as Master, such employee will be paid Base Pay plus Sea Pay Bonus according to the employee's length of service as indicated in Appendix “A”. (B) During each month that an employee is on vacation the employee will be paid Va- cation Vacation Bonus according to the employee's length of service as indicated in Appendix Ap- pendix “A”. (C) Vacation Pay will be paid to the Union Vacation Plan by the Company. The em- ployee will apply to the Plan to receive his net Vacation Pay (note Section 18). (D) A Holiday Bonus will be paid in the amount of two thousand dollars ($2,000) on January 1 and July 1 of each year of the contract to the Master. This money will not affect or be affected by any benefit plans. This is as per "Memorandum of Agreement" dated September 17, 2002. (E) Effective March 1, 2019, Masters will be paid a daily rate of pay for each day worked. The daily rate will be calculated by multiplying the monthly salary by twelve (12), dividing the product by three hundred sixty-four (364) days. 6 (F) The parties understand that a monthly salary is calculated for purposes of refer- ence and benefit calculation, however, employees are paid on a daily basis as set out in E above; employees are not paid a monthly rate. 6 This replaces the language in Section 8, Paragraph C, of the Collective Bargaining Agreement. Hired on or after 7/13/2012 Entry level 5 yr Seniority 10 yr Seniority 20 yr Seniority Effective 7/1/12 0% 2% 2% 3% Base Pay 6650 6783 6919 7126 Sea Pay bonus 5281 5387 5494 5659 Vacation Pay 0000 0000 0000 4276 Vacation Pay bonus 3169 3232 3297 3396 Effective 1/1/14 2.50% Base Pay 6816 6953 7092 7304 Sea Pay bonus 5413 5521 5632 5801 Vacation Pay 0000 0000 0000 0000 Vacation Pay bonus 3248 3313 3379 3481 Effective 7/1/14 2.50% Base Pay 6987 7126 7269 7487 Sea Pay bonus 5548 5659 5773 5946 Vacation Pay 4192 4276 4361 4492 Vacation Pay bonus 3329 3396 3464 3568 Effective 7/1/15 2.50% Base Pay 7161 7305 7451 7674 Sea Pay bonus 0000 0000 0000 6094 Vacation Pay 4297 4383 4470 4604 Vacation Pay bonus 3413 3481 3551 3657 Effective 7/1/16 2.50% Base Pay 7340 7487 7637 7866 Sea Pay bonus 5829 5946 6065 6247 Vacation Pay 0000 0000 0000 0000 Vacation Pay bonus 3498 3568 3639 3748 Effective 7/1/17 2.50% Base Pay 7524 7674 7827 8063 Sea Pay bonus 0000 0000 0000 6404 Vacation Pay 4514 4604 4696 4838 Vacation Pay bonus 3585 3657 3730 3842 Effective 7/1/18 2.50% Base Pay 7712 7866 8023 8264 Sea Pay bonus 0000 0000 0000 6561 Vacation Pay 4627 4720 4814 4958 Vacation Pay bonus 3675 3749 3824 3939 NOTE: Seniority increases are defined in Section 8. A 6.8% Administrative Fee, which is subject to change yearly, per Section 18. Health and Benefit Welfare Plan .......... Effective January 1, 2013 $67.01 for each Master on active duty. There are no pay- ments for Masters/Relief Masters while on va- cation. This number is subject to change yearly and will include the 1.5% of base wage to cover the co-pay requirement.

FUTURE TERM. The term of a successor agreement shall be up to five (5) years provided that if as of the date this current Agreement would otherwise expire (June 30, 20202024), the Company has entered into an agreement with the National Science Foundation to operate a re- search research vessel on and after that date, then the new Agreement shall correspond to the length of that operating agreement, not to exceed five years; upon such terms as are agreeable to the parties. FOR THE TRUSTEES OF COLUMBIA UNIVERSITY IN XXX XXXX XX XXX XXXX, XXXXXX - XXXXXXX EARTH OBSERVATORY: /s/ Xxxxxx Xxxxxxxx Vice President and Chief Human Resources Officer FOR THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS: /s/ Xxxxxx Xxxxxxxx Vice President and Chief Human Resources Officer Xxx X. Xxxxxxxxx Vice President Atlantic Ports (A) During each month that an employee a Licensed Deck Officer is on active duty as Mastera Li- censed Deck Officer, such employee Licensed Deck Officer will be paid Base Pay plus Sea Pay Bonus according to the employeeLicensed Deck Officer's length of service as indicated in Appendix “A”. (B) During each month that an employee a Licensed Deck Officer is on vacation vacation, the employee Licensed Deck Officer will be paid Va- cation Vacation Bonus according to the employeeLicensed Deck Officer's length of service as indicated in Appendix “A”.Appendix (C) Vacation Pay will be paid to the Union Vacation Plan by the Company. The em- ployee Licensed Deck Officer will apply to the Vacation Plan to receive his net Vacation Pay (note Section 1825). (D) A Holiday Bonus Licensed Deck Officers will be paid in the amount of two thousand dollars ($2,000) on January 1 and July 1 of each year of the contract continue to the Master. This money will not affect or be affected by any benefit plans. This is as per "Memorandum of Agreement" dated September 17, 2002. (E) Effective March 1, 2019, Masters will be paid a daily rate of pay for each day worked. The daily rate will be calculated by multiplying the monthly salary xxx- ary by twelve (12), ) and dividing the product by three hundred sixty-four (364) days. 6days (the three hundred sixty-four (364) days is equivalent to the previous formula of dividing the product by two thousand nine twelve (2,912) hours, and multiplying the result by eight (8) hours).7 (FE) The parties understand that a monthly salary is calculated for purposes of refer- ence reference and benefit calculationcalculations, however, employees are paid on a daily basis as set out in E D above; employees are not paid a monthly rate. 6 This replaces the language in Section 8, Paragraph C, of the Collective Bargaining Agreement. Hired on or after 7/13/2012 Entry level 5 yr Seniority 10 yr Seniority 20 yr Seniority Effective 7/1/12 0% 2% 2% 3% Base Pay 6650 6783 6919 7126 Sea Pay bonus 5281 5387 5494 5659 Vacation Pay 0000 0000 0000 4276 Vacation Pay bonus 3169 3232 3297 3396 Effective 1/1/14 2.50% Base Pay 6816 6953 7092 7304 Sea Pay bonus 5413 5521 5632 5801 Vacation Pay 0000 0000 0000 0000 Vacation Pay bonus 3248 3313 3379 3481 Effective 7/1/14 2.50% Base Pay 6987 7126 7269 7487 Sea Pay bonus 5548 5659 5773 5946 Vacation Pay 4192 4276 4361 4492 Vacation Pay bonus 3329 3396 3464 3568 Effective 7/1/15 2.50% Base Pay 7161 7305 7451 7674 Sea Pay bonus 0000 0000 0000 6094 Vacation Pay 4297 4383 4470 4604 Vacation Pay bonus 3413 3481 3551 3657 Effective 7/1/16 2.50% Base Pay 7340 7487 7637 7866 Sea Pay bonus 5829 5946 6065 6247 Vacation Pay 0000 0000 0000 0000 Vacation Pay bonus 3498 3568 3639 3748 Effective 7/1/17 2.50% Base Pay 7524 7674 7827 8063 Sea Pay bonus 0000 0000 0000 6404 Vacation Pay 4514 4604 4696 4838 Vacation Pay bonus 3585 3657 3730 3842 Effective 7/1/18 2.50% Base Pay 7712 7866 8023 8264 Sea Pay bonus 0000 0000 0000 6561 Vacation Pay 4627 4720 4814 4958 Vacation Pay bonus 3675 3749 3824 3939 NOTE: Seniority increases are defined in Section 8. A 6.8% Administrative Fee, which is subject to change yearly, per Section 18. Health and Benefit Welfare Plan .......... Effective January 1, 2013 $67.01 for each Master on active duty. There are no pay- ments for Masters/Relief Masters while on va- cation. This number is subject to change yearly and will include the 1.5% of base wage to cover the co-pay requirement.