Common use of Basket Provision Clause in Contracts

Basket Provision. The Company agrees to make available a basket provision of up to three cents ($0.03) per hour worked, should it be required, to maintain the current benefit levels. The Company shall be provided with financial data from the Trustees of the Plan to substantiate the required contribution increase.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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Basket Provision. The Company agrees to make available a basket provision of up to three cents ($0.03) per hour worked, worked should it be required, required to maintain the current benefit levels. The Company shall be provided with financial data from the Trustees of the Plan to substantiate the required contribution increase.

Appears in 1 contract

Samples: Collective Agreement

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Basket Provision. The Effective October 1, 1997 the Company agrees to make available a basket provision of up to three cents ($0.03) per hour worked, worked should it be required, required to maintain the current benefit levels. The Company shall be provided with financial data from the Trustees of the Plan to substantiate the required contribution increase.

Appears in 1 contract

Samples: Collective Agreement

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