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The company also canceled a technology agreement with Microsoft.
The union had tabled a draft technology agreement in 1983.
after it signed a technology agreement with US giant Bristol-Myers Squibb.
Mr. Scruggs said that unlike Mr. McFarling, he did not sign the technology agreement.
It was Matthews, 65, who in 1980 signed the first technology agreement between the Chinese government and a Western firm.
The warrants, which became exercisable in February, were issued as part of a technology agreement between the companies.
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Railroads said the contract lets them make technology agreements with a union other than engineers.
"Though lots of foreign firms launched technology agreements, there is no precedent of successful technology exchange in China's auto industry".
Moreover, the licence itself is not completely unique, in that royalty-free, non-exclusive technology agreements that stipulate sharing improvements have existed before.
Such technology agreements are a good way of making barely profitable models that carmakers are producing, with reluctance, only to comply with emissions regulations.Carmakers used almost always to develop their own engines.
The information-technology agreement was all but sealed in Singapore in December 1996, within a year of starting.
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