Ryan Aeronautical Co. v. International Union, United Automobile, Local 506

July 6, 1956, appellant and respondent entered into a collective bargaining agreement wherein it was agreed, inter alia, that respondent is recognized as the sole bargaining agent for all employees of appellant with certain exceptions; that any grievance not satisfactorily settled by the parties will be submitted to arbitration and that the “decision of such arbitration shall be final and binding upon both parties” to said agreement; that there shall be no strike or “Lock-Out”; that the normal work week shall consist of 40 hours with the normal work day, eight hours; and that time and a half…