- 6 -6 operating day. WTC agreed to pay petitioner for finished veneer at a specified rate per board foot depending on the type of wood used. Petitioner was to bill WTC weekly for finished veneer, and the rates were subject to adjustment if the price of logs changed substantially. Upon termination of the Agreement, WTC was to remove the WTC Equipment at its expense and restore petitioner's plant to its original condition. The Agreement required petitioner to assign at least six employees to WTC-related work: One to process logs in the vats and clean the logs; one to saw and transport the logs to lathes; two to remove veneer from the lathes; one to place veneer in the dryer; and one to remove veneer from the dryer. The Agreement provided that these individuals were to remain petitioner's employees at all times. Petitioner was also required to provide any incidental manpower necessary to produce at least 1,200 board feet per day. The costs of any personnel necessary to produce more than that amount were to be reimbursed by WTC at an hourly rate established in advance. At times during the term of the Agreement, petitioner provided as many as 20 employees to perform WTC-related work. The Agreement was extended 1 year by letter dated September 7, 1989, and 1 additional year by letter dated October 23, 1990. The letters made certain price and term adjustments not relevant to this case. No further extensions were executed, and the relationship between petitioner and WTCPage: Previous 1 2 3 4 5 6 7 8 9 Next
Last modified: May 25, 2011