Union Obligation

Union Obligation. The obligation assumed by an Affiliate of the Seller to enter into a new collective bargaining agreement with the National Mining Union (Sindicato Nacional de Trabajadores Mineros, Metalúrgicos, Siderúrgicos y Similares de la República Mexicana) upon restarting the operation of the Mill when, as a result of ceasing the operation of the Mill, it terminated the collective bargaining agreement regarding the workers at the Mill