|
Listed below is the nickel bonus and COLA history dating back from 1994 to present. This 17 year history includes both the nickel price bonus and earnings based compensation (EBC) payouts
|
2010 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
|
|
|
3rd |
|
|
|
2nd |
|
|
|
1st |
|
|
|
2009 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
$0.00 |
$0.00 |
|
3rd |
$0.00 |
-$0.10 |
|
2nd |
$0.00 |
$0.00 |
|
1st |
$0.00 |
$0.00 |
|
2008 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
$0.00 |
$0.00 |
|
3rd |
$0.00 |
$0.56 $0.04 $0.52 |
|
2nd |
$10.04 |
$0.52 |
|
1st |
$10.81 |
$0.09 |
|
2007 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
$10.00, $1.23 * |
$0.01 |
|
3rd |
$12.21 |
$0.00 |
|
2nd |
$19.54 |
$0.36 |
|
1st |
$16.46 |
$0.24 |
|
2006 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
$11.25, $1.57 * |
$0.00 |
|
3rd |
$11.25 |
$0.00 |
|
2nd |
$7.02 |
$0.16 |
|
1st |
$4.66 |
$0.02 |
|
2005 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
$3.65 |
$0.00 |
|
3rd |
$4.59 |
$0.23, $0.24 |
|
2nd |
$5.37 |
$0.23 |
|
1st |
$4.80 |
$0.14 |
|
2004 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
$4.26 |
$0.04 |
|
3rd |
$4.32 |
$0.00 |
|
2nd |
$3.56 |
$0.29 |
|
1st |
$4.50 |
$0.10, $0.08 |
|
2003 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
$3.48 |
$0.08 |
|
3rd |
$0.00 |
$0.07 |
|
2nd |
$1.77 |
$0.22, $0.18 |
|
1st |
$1.74 |
$0.31 |
|
2002 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
$0.00 |
$0.18 |
|
3rd |
$1.14 |
$0.14 |
|
2nd |
$1.16 |
$0.16 |
|
1st |
$0.79 |
$0.23 |
|
2001 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
$0.00 |
-$0.19 |
|
3rd |
$0.65 |
$0.00 |
|
2nd |
$1.05 |
$0.29 |
|
1st |
$1.12 |
$0.06 |
|
2000 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
$1.45 |
$0.18 |
|
3rd |
$1.77 |
$0.09 |
|
2nd |
$2.38 |
$0.27 |
|
1st |
$4.24 |
$0.16 |
|
1999 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
$1.53 |
$0.01 |
|
3rd |
$0.00 |
$0.00 |
|
2nd |
$0.00 |
$0.13 |
|
1st |
$0.00 |
$0.10 |
|
1998 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
$0.00 |
$0.01 |
|
3rd |
$0.00 |
$0.00 |
|
2nd |
$0.36 |
$0.15 |
|
1st |
$0.00 |
$0.10 |
|
1997 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
|
$0.00 |
|
3rd |
$1.14 |
$0.12 |
|
2nd |
$1.42 |
$0.11 |
|
1st |
$1.35 |
$0.08 |
|
1996 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
EBC PROFIT SHARING $1.20 |
$0.12 |
|
3rd |
EBC PROFIT SHARING $0.00 |
$0.03 |
|
2nd |
EBC PROFIT SHARING $1.56 |
$0.48 |
|
1st |
EBC PROFIT SHARING $1.65 |
$0.37 |
|
1995 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
EBC PROFIT SHARING $1.80 |
$0.32 |
|
3rd |
EBC PROFIT SHARING $1.44 |
$0.32 |
|
2nd |
EBC PROFIT SHARING $1.79 |
$0.31 |
|
1st |
EBC PROFIT SHARING $2.02 |
$0.25 |
|
1994 |
|
Quarter |
Nickel Bonus |
Cola |
|
4th |
EBC PROFIT SHARING $1.44 |
$0.11 |
|
3rd |
EBC PROFIT SHARING$0.48 |
$0.05 |
|
2nd |
$0.00 |
|
|
1st |
$0.00 |
|
|
Listed below are the adjustments we have on record regarding COLA payments that are not shown on the tables above. |
1996 1ST QUAR. COLA - $.37
(JUNE 27/96 NOTICE RECEIVED - ERROR IN 1ST QUAR. COLA CALCULATION - ADDITIONAL $.05 PAYMENT MADE IN JULY/96)
1996 3RD QUAR. COLA - $0.03
(MEMO OCT.24/96 CBA EXPIRED SEPT. 15/96, PMT OF $0.51 UP TO SEPT. 15/96 INCLUSIVE. UNDER NEW PROVISION $0.03/HR ON SEPT. 30/96.)
1997 1ST QUAR. COLA - $0.08
(NOTICE RECEIVED APR. 8/97 TO ADJUST $0.12 ROLL IN COLA)
1997 3RD QUAR. COLA - $0.12
(NOTICE RECEIVED OCT. 6/97 TO ADJUST $0.11 - ROLL IN COLA
OCT. 1/97)
1998 1ST QUAR. COLA - $0.10
(NOTICE RECEIVED FEB. 25/98 DOWNWARD ADJUSTMENT OF $0.02 ROLL IN COLA EFFECTIVE APRIL 1/98)
1998 2ND QUAR. COLA - $0.15
(NOTICE RECEIVED AUG. 27/98 ADJUST $0.15 ROLL IN COLA EFFECTIVE OCT. 1/98)
1999 2ND QUAR. COLA - $0.13
(NOTICE RECEIVED MAR. 15/99 DOWNWARD ADJUSTMENT $0.02 COLA ROLL IN APRIL 1/99)
1999 3RD QUAR. NICKEL BONUS WORK STOPPAGE
1999 3RD QUAR. COLA WORK STOPPAGE
2000 APRIL COLA ROLL IN - $0.01 (AUG 29/01)
COLA ROLL IN - BI-ANNUALLY APRIL AND OCTOBER.
2000 OCTOBER COLA ROLL IN - $0.27 (AUG 29/01)
2001 EARNING BASED COMP. - $1.20 (LETTER OF AGREEMENT EFFECTIVE 2001)
2001 OCT COLA ROLL IN - $0.29 EFFECTIVE OCT. 1/01.
2001- 3RD QUAR. EARNINGS BASED COMP. - $0.30
2001 4th QUAR. COLA - $-0.19 BASE RATE ADJUSTED DOWNWARD BY 0.19 CENTS EFFECTIVE
APRIL 1, 2002.
2002 1ST QUAR. EARNINGS BASED COMP. - $0.54
2002 2nd QUAR. EARNINGS BASED COMP. - $1.20
2002 3RD QUAR. EARNINGS BASED COMP. $0.84
2002 - 4th QUAR. EARNINGS BASED COMP. - $0.90
2003 1ST QUAR. EARNINGS BASED COMP. - $0.00
2003 APRIL - COLA ROLL IN $0.18 - EFFECTIVE APRIL 1, 2003.
2003 2nd QUAR. EARNINGS BASED COMP. - $0.00 (R.O.C.E. -Return on Capital Employed hurdle not met)
2003 3RD QUAR EARNINGS BASED COMP - $0.00
2003 4TH QUAR. EARNINGS BASED COMP. - $0.00
2004 APRIL COLA ROLL IN $0.08 EFFECTIVE APRIL 1, 2004.
2004 1ST QUAR. EARNINGS BASED COMP. - $0.00
2005 3RD QUAR. COLA - $0.23 (ONE TIME PAYOUT CBA JULY 1/05 SEPT. 15/05)
2005 4TH QUAR. COLA (NEGATIVE AMOUNT) (NO INDICATION HOW MUCH)
2006 - COLA ROLL IN FOR APRIL 1, 2006 IS $0.00
(AS PER E-MAIL RECD TODAY 4TH QUAR. 2005 IS (-13 CENTS) NEGATIVE 13 CENTS.
2006 4th QUAR. NICKEL BONUS ADVANCED $11.25 (FEB/07)
KEL BONUS - $1.57 (REMAINDER PAID MAR. 20/07)
2007 4TH QUAR. NICKEL BONUS - $1.23 (TOP-UP PMT.)
2008 3RD QUAR. COLA - $0.56 (PLUS AN ADDITIONAL SHORTFALL OF $0.04 ADDED FOR THE PERIOD SEPTEMBER 16-30, 2008.) ($0.52 CENTS PROJECTED AND ROLLED IN SEPT. 16/08)
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