LPL » Topics » Labor unrest may disrupt our operations.

This excerpt taken from the LPL 20-F filed Jun 23, 2009.

Labor unrest may disrupt our operations.

As of December 31, 2008, approximately 68.1% of our total employees, including those of our subsidiaries, were union members, and production employees accounted for substantially all of these members. We have a collective bargaining arrangement with our labor union, which is negotiated once a year. If our relationship with our employees deteriorates and there is labor unrest resulting in a work stoppage or strike, our production facilities will not be able to continue operations and this will have a material adverse effect on our financial condition and results of operations.

This excerpt taken from the LPL 20-F filed Apr 16, 2008.

Labor unrest may disrupt our operations.

As of December 31, 2007, approximately 47% of our total employees, including those of our subsidiaries, were union members, and production employees accounted for substantially all of these members. We have a collective bargaining arrangement with our labor union, which is negotiated once a year. If our relationship with our employees deteriorates and there is labor unrest resulting in a work stoppage or strike, our production facilities will not be able to continue operations and this will have a material adverse effect on our financial condition and results of operations.

This excerpt taken from the LPL 20-F filed Apr 11, 2007.

Labor unrest may disrupt our operations.

As of December 31, 2006, approximately 63% of our total employees, including those of our subsidiaries, were union members, and production employees accounted for substantially all of these members. We have a collective bargaining arrangement with our labor union, which is negotiated once a year. If our relationship with our employees deteriorates and there is labor unrest resulting in a work stoppage or strike, our production facilities will not be able to continue operations and this will have a material adverse effect on our financial condition and results of operations.

This excerpt taken from the LPL 20-F filed Jun 21, 2006.

Labor unrest may disrupt our operations.

As of December 31, 2005, approximately 68% of our total employees, including those of our subsidiaries, were union members, and production employees accounted for substantially all of these members. We have a collective bargaining arrangement with our labor union, which is negotiated once a year. If our relationship with our employees deteriorates and there is labor unrest resulting in a work stoppage or strike, our production facilities will not be able to continue operations and this will have a material adverse effect on our financial condition and results of operations.

This excerpt taken from the LPL 20-F filed Apr 11, 2005.

Labor unrest may disrupt our operations.

 

As of December 31, 2004, approximately 61% of our total employees, including those of our subsidiaries, were union members, and production employees accounted for substantially all of these members. We have a

 

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collective bargaining arrangement with our labor union, which is negotiated once a year. If our relationship with our employees deteriorates and there is labor unrest resulting in a work stoppage or strike, our production facilities will not be able to continue operations and this will have a material adverse effect on our financial condition and results of operations.

 

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