The HRSA-ILA Container Royalty Fund
No. 1 (the "Fund") is sponsored by the Employers-
Members of the Hampton Roads Shipping Association (the "HRSA") and the Affiliated Locals of the Port of Hampton Roads, Virginia
International Longshoremen's Association, AFL-CIO (the "ILA").
The Fund was established to provide
compensation to employees for loss of work in the Port. Benefits are funded by contributions
from Shipping Lines based on a portion of the container tonnage loaded or discharged in the
Port of Hampton Roads.