Normas Internacionales de Contabilidad (NIC)

Section 1. This Agreement shall become effective on the 18thdayof May 2009, and shall remain in force until 11:59 p.m. on the 20th day of May 2012, and at the end of each year period thereafter, this Agreement shall be renewed automatically for periods of one (1) year unless either party gives written notice of desire to terminate or amend same at least sixty (60) days prior to the renewal date.

Section 2. In the event notice of desire to amend is properly given by either party, the parties shall simultaneously exchange their desired amendments in writing within ten (10) days after their first meeting.

Section 3. Negotiations concerning amendments to this Agreement shall commence not later than forty-five (45) days or sooner than ninety (90) days before the end of the contract period in effect when the notice of desire to amend is given. During said negotiations this Agreement shall remain in full force and effect, except that it may be terminated by either party upon thirty (30) days’ notice in writing, as hereinafter provided. During said thirty (30) day period negotiations shall continue at the request of either party.

Section 4. In the event that one party serves a notice of desire to terminate in accordance with this Article and the other party serves a notice of desire to amend in accordance with this Article, negotiations concerning said amendments shall be undertaken as provided in Section 3 above. During said negotiations this Agreement shall continue in full force and effect unless, after the commencement of said negotiations, a written thirty (30) day notice of termination is given by either party, pro-vided that the termination date thus established by such notice shall not occur sooner than the next renewal date. The parties may by mutual agreement extend such termination date, it being expressly understood that a notice of dispute under Section 8, sub-Section (d) (3) of the Labor Management Relations Act of 1947, shall be due thirty (30) days prior to an agreed to or established expiration date, that is, simultaneously with the thirty (30) day notice of termination required during negotiations to cause a termination of the Agreement.

Section 5. This Agreement supersedes and renders void all previous agreements, including the Agreement effective 15 May 2006 until 17 May 2009, whether written or oral, between the parties hereto.

APPENDIX A

LABOR GRADE STRUCTURES LaborBase Rate Base Rate GradeMinimum Maximum 20 $18.40 $30.95

21 $18.40 $30.35

22 $15.96 $28.65

Labor Grade 21 Revised 1972

Reviewed 1975 Revised 1978 Reviewed 1981 Revised 1984 Reviewed 1990 Revised 2003 Revised 2009

STANDARD FACTORY JOB DESCRIPTION

ELECTRICIAN - MAINTENANCE "A"

OCCUPATIONAL SUMMARY

This occupation requires the installation, modification, and maintenance of electrical circuits, electrical distribution systems, electrical equipment, and conventional electronic controls and devices. (This occupation excludes electrical assemblies for aircraft and their component parts.) WORK PERFORMED

Determines routing of wires and conduits and determines location and method of installing such electrical units as switches, outlets, junction boxes, rectifiers, transformers and generators on electrical parts of all building facilities branch circuits feeding machine toolsand other fixed equipment. Installations shall guided by trade practice, blueprints, wiring diagrams and state, municipal and underwriters' specifications, codes and ordinances. Determines advisability or need for repair or replacement with a new unit, best and safest method of restoring interrupted service and necessity and type of scaffolding to use. Computes wire gauge, power and load limit requirements when this information is not furnished using charts and handbooks considering such factors as amperage, load and distance to power supply.

Installs, tests, troubleshoots, and maintains such equipment as large three phase motors, transformer banks, welding generators, panels having several circuits involving interlocking

switches, relays, and/or time controls, new safety devices, power panels, power sub-stations, and electrical units in electrically powered, mobile equipment. Uses precision measuring devices and instruments, to check or test circuits for overload and circuit amplitude. Does complete rebuilding and rewinding of motors and generators. Does repair and installation work on large cables such as splicing, tapping, and insulating a "T" high voltage tap in 500,000 circular mill wire. Troubleshoots on hot circuits. May be required to be certified under Federal, State, or Local Codes and Ordinances.

Installs, tests, repairs, troubleshoots and performs maintenance and repair of conventional electronic controls, devices any systems.

Performs mechanical operations necessary to the dismantling, disassembly, repair, assembly and installation of electrical units.

May assist the Electronics Electrician - Maintenance "A" and the Electrician Maintenance "A" - R & A as required.

May be required to operate electronic data entry, storage, processing, and/or retrieval equipment as a routine part of accomplishing their normal job assignments.

TYPICAL MATERIALS, TOOLS AND EQUIPMENT USED

Materials worked on: Electrical motors, generators, power panels, controls, and other electrical equipment.

Materials worked with: Wire, tape, solder, conduit, tubing, insulators, fuses, switches, relays, screws, bolts, lubricants, insulating varnishes, lighting fixtures, and other electrical repair and replacement parts and supplies.

Tools used: Hand tools, soldering irons, wire strippers, blow torch, chain tongs, wire pullers, hickeys; wire gauges, measuring instruments such as ammeters, oscilloscopes, voltmeters, wattmeters, ohmmeters.

Equipment used: Power tools as drill presses and saws, pipe benders and threaders; soldering furnaces, coil winding and forming machines, block and tackle, scaffolding, ladders, safety belts.

KNOWLEDGE AND ABILITY REQUIRED

To use electricians' hand tools and electrical testing and measuring instruments. To use electrical shop power tools, equipment and accessories.

To understand and know electrical shop theory, practice and procedure including applicable specifications, codes and ordinances. To understand complex wiring and circuit diagrams and installation and construction blueprints. To use mathematics involving algebra. To use electrical handbooks and charts.

Labor Grade 22 Revised 1972 Reviewed 1975 Revised 1978 Reviewed 1981 Revised 1984 Reviewed 1987 Revised 2003 LOCKHEED MARTIN Aeronautics Company – Fort Worth STANDARD FACTORY JOB DESCRIPTION

ELECTRICIAN - MAINTENANCE “B” WORK PERFORMED

Installs conduit, junction boxes, plugs, switches and lighting fixtures following verbal instructions, sketches, diagrams and trade practice. Pulls wire. Installs, tests, troubleshoots and maintains such equipment as recording systems, buzzer systems, sirens, warning horns, electrical door locking devices, single phase motors, machine transformers and small generators such as auxiliaries and those with less than 150 amp output. Winds and tapes coils armatures and fields. Troubleshoots on the plant electrical system by performing such operations as resetting breakers and replacing buss fuses. Troubleshoots and repairs motors of such electrical equipment as buffers and grinders.

Does mechanical operations necessary to the dismantling, disassembly, repair and installation of electrical units.

Inspects batteries (excludes F-16 aircraft batteries) for defects, damage and functional condition. Determines extent of damage, if any, and decides on corrective action. Checks functional conditions of batteries during charging process. Equalizes gravity readings in all cells after final charge. Diagnoses and corrects trouble caused by battery or connections on electrically powered trucks. Repairs batteries by disassembling, replacing cells, mending leaks and cracks, reassembling, lead, burning, charging and testing. Services batteries on various single and multiple battery powered units throughout the plant.

Replaces light bulbs, plugs, light fuses and extension cords. Oils and greases electric motors and generators according to maintenance schedule or instructions. Repairs such items as sockets, switches, plates, junction boxes and/or makes up new extension cords.

Assists Electrician - Maintenance “A” and Electronic Electrician - Maintenance “A” as required. May be required to operate electronic data entry, storage, processing, and/or retrieval equipment as a routine part of accomplishing their normal job assignments.

TYPICAL MATERIALS, TOOLS AND EQUIPMENT USED

Materials worked on: Electric motors, generators, recording instruments, power panels, controls and other electrical equipment.

Materials worked with: Wire, tape, solder, conduit, tubing, insulators, fuses, switches, relays, screws, bolts, lubricants, insulating varnishes, lighting fixtures, and other electrical repair and replacement parts and supplies.

Tools used: Hand tools, soldering irons, wire strippers, blow torch, chain tongs, ammeters, voltmeters, wattmeters, ohmmeters.

Equipment used: Power tools such as drill presses and saws, pipe benders and threaders, soldering furnaces, coil winding and forming machines, block and tackle, scaffolding, ladders, safety belts, scissor lifts, man lifts, zoom booms, and bucket trucks.

KNOWLEDGE AND ABILITY REQUIRED

To use electricians’ hand tools and electrical testing and measuring instruments. To use electrical shop power tools, equipment and accessories.

To use electrical shop practice and procedure including applicable specifications, codes and ordinances. To use simple wiring and circuit diagrams and sketches. To use electrical handbooks and charts. To use arithmetic involving addition and subtraction of decimals and fractions.

Labor Grade 21 Code: 3593 Reviewed 1975 Reviewed 1981 Revised 1984 Revised 1990 Revised 1997 LOCKHEED MARTIN Aeronautics Company – Fort Worth STANDARD FACTORY JOB DESCRIPTION

ELECTRICIAN - MAINTENANCE - R & A OCCUPATIONAL SUMMARY

This occupation requires the installation, maintenance, repair, servicing and alteration of air conditioning and refrigeration systems.

ELECTRICIAN - MAINTENANCE “A” - R & A WORK PERFORMED

Maintains, installs and overhauls refrigerated air conditioning and mechanical refrigeration systems and alters existing installations as required. Checks and balances complete system after installation or alteration and makes all necessary adjustments in conjunction with the above. Sets thermostats, sets and adjusts controls and regulators, and adjusts air conditioning systems to maintain air at specified temperatures and proper humidity. Removes, repairs, and replaces electrically operated magnetic clutches.

Charges air conditioning and refrigeration systems with proper type and amount of refrigerant.

Performs the changeout of the hermetically sealed refrigeration units that he/she services.

Performs electrical work associated with heating, refrigeration and air conditioning systems which they service and maintain from the service disconnect to the units that they service and maintain except in case of emergency, at which time any qualified employee may be assigned to the work. Determines advisability or need for repair or replacement of magnetic starters, run and start capacitors, thermostats, relays, fuses, fan motors, compressor motors, and compressors.

May be required to operate electronic data entry, storage, processing, and/or retrieval equipment as a routine part of accomplishing their normal job assignments.

May be required to be certified under Federal, State, or Local Codes and Ordinances. TYPICAL MATERIALS, TOOLS AND EQUIPMENT USED

Materials worked on: Refrigeration and air conditioning compressors, thermostats, regulators, timers, expansion valves, power panels, gauges, tubing, electric motors, magnetic clutches, safety devices, relays, cooling towers, heat exchangers, and other materials pertaining to refrigeration and air conditioning equipment.

Materials worked with: Wire, tape, solder, tubing, insulators, fuses, switches, relays, screws, bolts, lubricants. Freon and/or other refrigeration gases, insulation, silfos, silversolder, filter media, fillings and other materials required to install and maintain refrigeration and air conditioning equipment.

Tools used: Hand tools; Freon gauges and hoses; leak detectors; acetylene, propane and prestolite torches; tubing benders; soldering irons; wire strippers; wire pullers; wire gauges; measuring instruments; such as ammeters, voltmeters, wattmeters, and ohmmeters.

Equipment used: Power tools, threaders, soldering furnaces, block and tackle, scaffolding, ladders, safety belts, vacuum pumps, liquid pumps, spray nozzles, and any newly developed equipment required to maintain this equipment more efficiently.

KNOWLEDGE AND ABILITY REQUIRED

To use electricians’ hand tools and electrical testing and measuring instruments. To use electrical shop power tools, equipment and accessories.

To understand and know electrical shop theory practice and procedure, including applicable specifications, codes and ordinances. To understand complex wiring and circuit diagrams and installation and construction blueprints. To use mathematics involving algebra. To use electrical handbooks and charts.

Must have thorough knowledge of installation, repair and maintenance of refrigeration and air conditioning equipment.

Labor Grade 22 Installed 1975 Reviewed 1981 Revised 1984 LOCKHEED MARTIN

Aeronautics Company – Fort Worth STANDARD FACTORY JOB DESCRIPTION

ELECTRICIAN - MAINTENANCE “B” - R & A WORK PERFORMED

Maintains, installs and overhauls window air conditioning units and water coolers. Assists Electrician - Maintenance “A” - R & A in the maintenance, installation and overhaul of all types air conditioning and refrigeration systems. Performs electrical work associated with the refrigeration and air conditioning systems which they service and maintain. Will perform minor repairs as needed.

May be required to operate electronic data entry, storage, processing, and/or retrieval equipment as a routine part of accomplishing their normal job assignments.

TYPICAL MATERIALS, TOOLS AND EQUIPMENT USED

Materials worked on: Refrigeration and air conditioning compressors, thermostats, regulators, timers, expansion valves, power panels, gauges, tubing, electric motors, magnetic clutches, safety devices, relays, cooling towers, heat exchangers, and other materials pertaining to refrigeration and air conditioning equipment.

Materials worked with: Wire, tape, solder, tubing, insulators, fuses, switches, relays, screws, bolts, lubricants, freon and/or other refrigeration gases, insulation, silfos, silversolder, filter media, fittings and other materials required to install and maintain refrigeration and air conditioning equipment.

Tools used: Hand tools; freon gauges and hoses; leak detectors; acetylene, propane and prestolite torches; tubing benders; soldering irons; wire strippers; wire pullers; wire gauges; measuring instruments; such as ammeters, voltmeters, wattmeters, and ohmmeters.

Equipment used: Power tools, threaders, soldering furnaces, block and tackle, scaffolding, ladders, safety belts, vacuum pumps, liquid pumps, spray nozzles, and any newly developed equipment required to maintain this equipment more efficiently.

KNOWLEDGE AND ABILITY REQUIRED

To use electricians’ hand tools and electrical testing and measuring instruments. To use electrical shop power tools, equipment and accessories.

To use electrical shop practice and procedure including applicable specifications, codes and ordinances. To use simple wiring and circuit diagrams. To use electrical handbooks and charts. To use arithmetic involving addition and subtraction of decimals and fractions.

Must have knowledge of installation, repair and maintenance of refrigeration and air conditioning equipment.

Labor Grade 20 Installed 1978 Reviewed 1981 Revised 1984 Reviewed 1990 Revised 2003 Revised 2009

STANDARD FACTORY JOB DESCRIPTION

INDUSTRIAL ELECTRONIC/ELECTRICAL TECHNICIAN

OCCUPATIONAL SUMMARY

This occupation requires the installation, overhaul, modification and maintenance of Numerical Control, Computer Numerical Control and other computer related Industrial Electronic Control Systems as used on machine tools, manufacturing equipment, and inspection test equipment. (This occupation excludes electrical assemblies for aircraft and their component parts.)

INDUSTRIAL ELECTRONIC/ELECTRICAL TECHNICIAN

WORK PERFORMED

Determines the methods and sequence of operations to install, test, maintain, repair and troubleshoot numerical control and computer numerical control and computer related industrial electronic control systems and associated electrical components as used on machine tools, manufacturing and inspection test equipment on electrical and/or electronic parts of all building facilities. Works from schematic blueprints, wiring diagrams, performance specifications and service manuals.

Sets up highly sensitive, precision electronic test tools and equipment and conducts involved diagnostic and operational tests. Operates machine through necessary cycles to check electronic and/or electro-mechanical systems which consist of two or more integrated circuits and detects any variation from specifications. Throughout the tests, makes critical adjustments in the values and settings of the components and the related equipment in order to properly align and tune highly sensitive inter-related circuits and electro-mechanical systems. Analyzes results of the tests to locate and determine the cause of the malfunction. Replaces faulty parts and/or wiring of the unit and retests the system or systems as necessary.

Performs complete overhaul, maintenance, repair and modification of such electronic equipment as spindle speed variators, feed-back amplifiers, resolvers, tachometers, AC and DC motor drives, computer controlled equipment involving relays and pressure switches, R-C timing networks and digital circuitry, public address systems, computer numerical controls, programmable controllers, and microprocessors.

Performs mechanical operations necessary to the dismantling, disassembly, repair, assembly and installation of associated electrical components, units and systems.

Develops and fabricates test equipment, test aids and accessories necessary to accomplish work operations.

Develops test procedures, inspections and surveillance procedures as required.

May be required to perform work of Electrician Maintenance “A”.

May be required to be certified as required by Federal, State or Local codes and ordinances. May be required to operate electronic data entry, storage, processing, and/or retrieval equipment as a routine part of accomplishing their normal job assignment.

TYPICAL MATERIALS, TOOLS AND EQUIPMENT USED

Materials worked on: Electronic control panels using transistors and associated circuitry, vacuum tubes, magnetic panels, electric motors, amplidynes, SCR drives, VFD drives, generators, and other related equipment.

Materials worked with: Wire, tape, solder, conduit, fuses, switches, relays, vacuum tubes, transistors, condensers, resistors, diodes, rectifiers, and other related materials.

Tools used: Hand tools, soldering irons, wire strippers, wire pullers, measuring instruments, such as: ammeters, voltmeters, ohmmeters, wattmeters, multi channel oscilloscopes, multi channel oscillographs.

KNOWLEDGE AND ABILITY REQUIRED

To use electricians’ hand tools, electronic and electrical measuring instruments, shop power tools, equipment and accessories.

To understand and know electrical and electronic shop theory, practice and procedures. To understand complex electronic schematics and use mathematics involving algebra.

To apply a thorough knowledge of industrial electronic theory.

(Note: 2009 Negotiations- Job Title Change from Electronics Electrician- Maintenance “A” to Industrial Electronic/ Electrical Technician)

APPENDIX B PART 1

RETIREMENT PLAN FOR HOURLY EMPLOYEES

Pursuant to agreements reached between Lockheed Martin Aeronautics Company – Fort Worth and the International Brotherhood of Electrical Workers, it is understood that the Retirement Plan in effect immediately prior to the effective date of this Agreement shall remain in full force and effect for the duration of this Agreement except as modified by the agreed upon changes set forth below. Changes are applicable to all covered hourly employees who are actively at work on or after the effective date of this Agreement unless otherwise indicated. A full description of the Retirement Plan features is provided in the Summary Plan Description.

A. RETIREMENT BENEFIT:

1. The monthly normal retirement benefit of an employee who retires or terminates with a vested benefit on or after the first day of this Agreement will be equal to

seventy-nine dollars ($79.00) a month per year of credited service to date of retirement or termination.

2. Credited service restored under the bridging provision set forth in Section F of this Appendix B will not be used in determining the normal retirement benefit described in Section A of this Appendix B. The benefit computed for the restored credited service will be added to the normal retirement benefit determined in accordance with paragraphs 1 and 2 of this Section A.

B. DISABILITY BENEFIT: The monthly disability benefit of an employee who qualifies for a disability retirement on or after the first day of this Agreement shall be equal to the normal retirement benefit earned to the date of disability based on credited service and benefits at such disability retirement date in accordance with Sections A and F, of this Appendix B.

C. NOTICE FOR ELECTION OF OPTIONAL FORMS OF RETIREMENT BENEFITS:

In document Los costos de producción y su incidencia en el margen bruto de la empresa Inducalidad S A (página 42-45)