MAIN POINTS OF UPS AGREEMENT

DURATION: The contract is for five years, allowing the company to assuagefor some time customers' concerns about another walkout. The union originallyhoped for a three-year deal, then proposed another four-year contract.

PART-TIME WORKERS: Existing part-time slots would be combined to create10,000 new full-time jobs - at a rate of 2,500 jobs annually beginning in 1998- in addition to any job growth. Any job growth would occur after UPSreinforces its customer base. The company has threatened 15,000 layoffsbecause of business lost during the strike.

PENSIONS: The company abandoned its wish to withdraw from the union'smulti-employer health and pension funds and instead increase contributions toexisting funds. UPS CEO James Kelly said the deal would equalize the company'scontributions to the various plans, which can vary widely by region. TeamstersPresident Ron Carey said some members could earn up to 50 percent higherbenefits on average.

SUBCONTRACTING: The union made the subcontracting of long-haul deliveriesa key issue, but Kelly said Monday that the company's subcontracts amounted toan average 30 jobs a day. Nevertheless, Carey said the contract would limitthe practice to peak seasons.

WEIGHT LIMITS: In 1994, the union staged a scattered one-day walkout toprotest UPS' unilateral decision to increase the maximum weight a worker couldhandle from 70 pounds to 150 pounds. The new contract would require thecompany to bargain with the union before any future increases in weightlimits.

WAGES: The deal included a $4.10 hourly increase in wages for currentpart-time workers during the life of the contract, and a $3.10 hourly increasefor full-timers. The union was looking for slightly higher increases. Thecompany initially offered $1.50 pay hikes, plus bonuses of $3,060 and $1,030.