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7. Any pilot being displaced because of a reduction in schedule should be advised by letter outlining the prerogative he can exercise which should include a list of the most junior pilots on the system and their bases, together with a copy of these rules. The pilot must exercise his prerogative not less than ten days from the date of this letter of notification. 

NOTE:

Should any changes in our present bidding system arise, which may effect the above procedure then irrespective of this or any previous agreements; conferences between the company and the pilots shall be agreed t and held within ten days of such notice and change.