Summary: The Interest Arbitration

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The Interest Arbitration was held Apr. 12-15 before arbitrator, John Branard. Both parties presented their cases along with witness testimony. Testifying for the Union was an outside consultant followed by the IBEW District 7 International Rep., Todd Newkirk. The hearing will resume on May 4-5 in Amarillo. We expect the Union to call another expert witness who will testify as to the difference in compensation and benefit levels between the three Operating Companies and possibly Union officials or other employee representing other Utilities who will testify as to the appropriateness of the comparators the Union has chosen for their 14 “market equity” positions.

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