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and tenl7s and conditions of employment for the A -FSCME Bargaining Unit Employees (hereinafter ` AFSCME CBA ") �. O.R.C. Section 306.3 �(x) provides_ in pertinent pars, that i1 a regional transit authority acquires any existing transit system. it shall negotiate arrangements to protect the interests of employees affected by the acquisition. 6. GCRTA and . AFSCME currently are in the process of negotiating an "Employee Protection Agreement." The fundamental purpose and scope of the Employee Protection Agreement is to establish terms and conditions that are fair- and equitable and which protect the interests of AFSCME Bargaining Unit Employees who will transfer to GCRTA after it acquires full ownership and control of the City's public transportation system, in full compliance with the provisions of O.R.C. Section 306.35(x). Statement of Agreement NOW THEREFORE. the City, AFSCI /IF and GCRTA have agreed to the following terms, which shall become applicable as of the effective date that GCRTA acquires full ownership and control of the City's public transportation system, pursuant to the Transfer Agreement: 1. That the protective arrangements set forth in the Employee Protection Agreement are fair and equitable and in full compliance with the provisions of O.R.C. Section 306.35(x.). 2. AFSCME has represented to the City that some AFSCME bargaining unit employees may, as a result of the transfer of the City's bus line operations to GCRTA, experience a loss of, or diminution in, certain negotiated employee benefits as a result of their service retirements from GCRTA prior to August 1, 2006, the heretofore expected expiration date of the AFSCME CBA. VVhile not admitting to or otherwise in any way aclu7owledging any 1)