APPRENTICE RATES BASED ON JOUNEYMAN’S RATE OF $26.73

PER HOUR EFFECTIVE APRIL 1, 2008 THROUGH MARCH 31, 2009

THE FOLLOWING RATES AND BENEFITS WILL BECOME EFFECTIVE WHEN THE CONTRACTOR IS NOTIFIED THAT THE APPRENTICE HAS BEGUN SCHOOL.

(2nd Year Apprentices will receive $1.15 per hour in Annuity and 3rd Year Apprentices will receive $2.15 per hour in Annuity)

PAYROLL DEDUCTIONS – APPLIES TO APPRENTICES AND PREAPPRENTICE RATES

***2.5% OF GROSS FOR CHECK-OFF

$ 0.09 – IRONWORKERS ORGANIZING PROGRAM

$ 0.01 – B.U.I.L.D. (VOLUNTARY)

$ 0.05 – I.P.A.L. (VOLUNTARY)

$ 1.00 – VACATION FUND

$ 0.13 – I.M.P.A.C.T

$ 0.75 – IRONWORKERS TARGET PROGRAM APPLIES TO 80% RATE AND HIGHER

*BENEFITS ARE COMPUTED AT STRAIGHT TIME FOR ALL HOURS PAID

*Please note the Impact Fund is derived from an Employer and and Employee Contribution of $0.13 each.