Asset Valuation Method. The Trustees are directed to adopt a new asset valuation method that will recognize the expected return and market value of assets as of January 1, 1999. The Employers agree that they must pay at least the minimum contribution as required by the Internal Revenue Code, even if such contribution would require a contribution rate above the hourly amount mentioned elsewhere in this Agreement. If it does become necessary to make a contribution greater than the regularly scheduled amounts, all hourly contribution requirements would increase proportionally.
Appears in 5 contracts
Samples: Agreement, Agreement, Implementation Agreement
