Common use of Audits and Penalties Clause in Contracts

Audits and Penalties. The Trustees shall have the authority to have an independent certi- fied public accountant audit the payroll and wage records of the Employer for the purpose of determining the accuracy of contribu- tions to the Central Pennsylvania Teamsters Health and Welfare Fund. The audit shall be completed at a mutually agreeable time and at no cost to the Employer. In the event it is found that the Employer has not been complying with the provisions of this Agreement, the Employer shall pay the following: (1) The full cost of audit; (2) Any and all claims for an Eligible Member Employee which should be covered and have not been covered because of contribu- tion deficiencies; (3) Any damages allowed by law based on the above or any other amounts which should have been paid to the Fund on behalf of an Eligible Member Employee.

Audits and Penalties. The Trustees shall have the authority to have an independent certi- fied certified public accountant audit the payroll and wage records of the Employer for the purpose of determining the accuracy of contribu- tions contributions to the Central Pennsylvania Teamsters Health and Welfare Fund. The audit shall be completed at a mutually agreeable time and at no cost to the Employer. In the event it is found that the Employer has not been complying with the provisions of this Agreement, the Employer shall pay the following: (1) The full cost of audit; (2) Any and all claims for an Eligible Member Employee which should be covered and have not been covered because of contribu- tion contribution deficiencies; (3) Any damages allowed by law based on the above or any other amounts which should have been paid to the Fund on behalf of an Eligible Member Employee.

Audits and Penalties. ‌‌ The Trustees shall have the authority to have an independent certi- fied public accountant audit the payroll and wage records of the Employer for the purpose of determining the accuracy of contribu- tions to the Central Pennsylvania Teamsters Health and Welfare Fund. The audit shall be completed at a mutually agreeable time and at no cost to the Employer. In the event it is found that the Employer has not been complying with the provisions of this Agreement, the Employer shall pay the following: (1) . The full cost of audit; (2) . Any and all claims for an Eligible Member Employee which should be covered and have not been covered because of contribu- tion deficiencies; (3) . Any damages allowed by law based on the above or any other amounts which should have been paid to the Fund on behalf of an Eligible Member Employee.