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SCHEDULE 3MATERIAL PROVISIONS OF THE EXEMPTED AGREEMENTS

BTHE NATIONAL AGREEMENTS COVERING SKILLED CRAFTSMEN WHO ARE FOUR-SHIFT WORKERS AND THOSE OTHER THAN FOUR-SHIFT WORKERS(1)

PROTECTION AGAINST LAY-OFF AND SHORT-TIME WORKING

Purpose

33.  It is a policy of the Industry to maintain to the best of its ability stable employment for all its employees and in circumstances where it is not possible to avoid short-time working due to shortage of orders, to provide a measure of protection against a sudden substantial drop in earnings.

(1)

The material provisions of these agreements are identical.