Common use of Acceptance of Trust Agreement Clause in Contracts

Acceptance of Trust Agreement. The Employer and the Union agree to be bound by the terms of the Trust Agreement which created the Sound Health and Wellness Trust (Trust), as initially executed on June 18, 1977, by all subsequent revisions or amendments thereto, and by all policies and other conditions of participation and eligibility, which may be established from time to time by the Trust's Rules and Regulations, the Summary Plan Description, and other pertinent procedures, practices, and Trustee actions. The Employer and the Union agree to be bound by the Health and Welfare Labor Agreement, effective May 2, 2010, by and between Allied Employers, Inc., and X.X.XX. Union Locals Nos. 21, 367, and 1439, X.X.XX. International (AFL-CIO), and Teamsters Union Local No. 38, and by all amendments thereto. The Employer agrees to accept the Employer Trustees as their designated Trustees of the Board of Trustees, and their duly appointed successors, as its representatives for the purposes of managing the Trust and to abide by the rules of the Plan.

Acceptance of Trust Agreement. The Employer and the Union agree to be bound by the terms of the Trust Agreement which created the Sound Health and Wellness Trust (Trust), as initially executed on June 18, 1977, by all subsequent revisions or amendments thereto, and by all policies and other conditions of participation and eligibility, which may be established from time to time by the Trust's Rules and Regulations, the Summary Plan Description, and other pertinent procedures, practices, and Trustee actions. The Employer accepts the Employer Trustee members of the Board of Trustees, and their duly appointed successors, as its representatives for the purposes of managing the Trust. The Union accepts the Labor Organization Trustee members of the representatives for purposes of managing the Trust. The Employer and the Union agree to be bound by the Health and Welfare Labor Agreement, effective May 2, 2010, by and between Allied Employers, Inc., and X.X.XX. Union Locals Nos. 21, 367, and 1439, X.X.XX. International (AFL-CIO), and Teamsters Union Local No. 38, and by all amendments thereto. The Employer agrees to accept the Employer Trustees as their designated Trustees of the Board of Trustees, and their duly appointed successors, as its representatives for the purposes of managing the Trust and to abide by the rules of the Plan.

Acceptance of Trust Agreement. The Employer and the Union agree to be bound by the terms of the Trust Agreement which created the Sound Health and Wellness Trust (Trust), as initially executed on June 18, 1977, by all subsequent revisions or amendments thereto, and by all policies and other conditions of participation and eligibility, which may be established from time to time by the Trust's Rules and Regulations, the Summary Plan Description, and other pertinent procedures, practices, and Trustee actions. The Employer accepts the Employer Trustee members of the Board of Trustees, and their duly appointed successors, as its representatives for the purposes of managing the Trust. The Union accepts the Labor Organization Trustee members of the representatives for purposes of managing the Trust. The Employer and the Union agree to be bound by the Health and Welfare Labor Agreement, effective May 2, 2010, by and between Allied Employers, Inc., and X.X.XX. Union Locals Nos. 21, 367, and 1439, X.X.XX. International (AFL-CIO), and Teamsters Union Local No. 38, and by all amendments thereto. The Employer agrees to accept the Employer Trustees as their designated Trustees of the Board of Trustees, and their duly appointed successors, as its representatives for the purposes of managing the Trust and to abide by the rules of the Plan.