December 19, 2003 Page 3 of 5

ASSOCIATION OF CONTRACTING PLUMBERS OF THE CITY OF NEW YORK, INC. 44 WEST 28TH STREET, 12TH FLOOR, NEW YORK, N.Y. 10001 (212) 481-4580

JOURNEYMEN – RESIDENTIAL 1-2-3 FAMILY HOMES – PRIMARY "A" DIVISION LOCAL #1 JANUARY 1, 2004 THROUGH JUNE 30, 2004
Effective Thursday, January 1, 2004 there is a change in the wage rate and fringe benefits for Primary "A" Division Journeymen. Therefore, since the wage rate and fringe benefits for Journeymen employed on Residential 1-2-3 Family Homes are based upon a percentage of the Primary Journeyman Package the rates for Residential Journeymen will change. A new schedule of wage rates, fringe benefits and other provisions follows:

SCHEDULE OF WAGE RATES, FRINGE BENEFITS AND OTHER PROVISIONS
	(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
	Wage Rate Per Hour	Deduct Union Assessment Check-Off	Fringe Benefits Per Hour	National Pension Fund Per Hour	Additional Security Benefits Fund Per Hour	Approx. Wage & Benefits Package Per Hour	Add Promotion Fund Per Pay Hour	Add Inter- national Training Fund Per Hour
New Rates 1/1/2004	$29.96	3% of Gross Wages .10¢ Per Hour*	$11.13	$3.89	$2.69	$47.67	.50¢	.05¢

UNION ASSESSMENT CHECK-OFF– 3% of Gross Wages paid to Journeymen, Foremen and Deputy Foremen shall be deducted from weekly gross wages. Plus five cents (.05¢) per hour for the Political Action Committee Fund.

EXPENSE ALLOWANCE FOR PERSONAL SAFETY ITEMS– Twenty-eight cents (.28¢) per hour shall be paid to Journeymen, for each hour worked (work hour), as an expense allowance to provide the funds for his/her personal safety and health related items. Since this is an expense allowance it should be paid separate from wages, and it should be paid on the same day and at the same time as wages.

OVERTIME WAGES AND FRINGE BENEFITS– Payments for Wages, Fringe Benefits and Contributions on OVERTIME WORK will be at DOUBLE TIME.

*INDUSTRY ORGANIZING FUND– Ten cents (.10¢) per pay hour shall be dedicated to an Industry Organizing Fund to advance the interests of the Industry.

PLEASE NOTE: The five cents (.05¢) per hour contribution to the International Training Fund will be collected on the same form as the National Pension Fund.

NOTE: THE ABOVE RATES ARE BASED ON A WORK DAY OF EIGHT (8) HOURS PER DAY.