BENEFIT BOND Sample Clauses

BENEFIT BOND. 34.01 Before members of Local 83 are dispatched, to any employer who has not been a party to xxx Xxxxxxxxxx Collective Agreement for a minimum of twelve (12) months, such employer shall provide security for a period of one (1) year in the amount of five thousand dollars ($5,000.00). This five thousand dollar ($5,000.00) security shall be used by the Union in the event of a default of payment by the said employer of Welfare and/or Pension, Training, Safety and Industry Improvement Fund contributions as set forth in the aforesaid Collective Agreement. The five thousand dollar ($5,000.00) security shall be returned by the Union to the employer after thirty (30) days from the expiry of the one (1) year period that the security was provided by the employer including accumulated interest where the employer has not defaulted in any payments required for the Welfare, Pension, Training, Safety and Industry Improvement Fund referred to herein, within the one (1) year period.
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BENEFIT BOND. 27A.01 Before members of Local 1178 are dispatched, to any Employer who has not been a party to the Millwrights Collective Agreement for a minimum of twelve (12) months, such Employer shall provide security for a period of one (1) year in the amount of twenty thousand dollars ($20,000.00). This twenty thousand dollar ($20,000.00) security shall be used by the Union in the event of a default of payment by the said Employer of Welfare and/or Pension, Employers, Millwrights, Training, Health & Safety and Industry Improvement Fund contributions as set forth in the aforesaid Collective Agreement. The twenty thousand dollar ($20,000.00) security shall be returned by the Union to the Employer after thirty (30) days from the expiry of the one
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BENEFIT BOND. 32.01 Before members of Local 752 are dispatched to and/or hired directly by any Employer who has not been a party to the Collective Agreement for a minimum of twelve (12) months, or to an Employer who is delinquent in remittances, or has a history of delinquency in remittances, such Employer shall provide security in such form, value and duration as the Trustees may in their discretion determine to be appropriate. This security shall be used by the Union in the event of a default of payment by the said Employer of Welfare and/or Pension Funds and Training and Industry Improvement Funds as set forth in the aforesaid Collective Agreement. The security shall be returned by the Trustees to the Employer after thirty (30) days from the expiry of the period that the security was provided by the Employer including accumulated interest where the Employer has not defaulted in any payments required for the Welfare, Pension, Training and Industry Improvement Funds referred to herein, within period.
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BENEFIT BOND. 32.01 Before members of Local 752 are dispatched to and/or hired directly by any Employer who has not been a party to the Collective Agreement for a minimum of twelve (12) months, or to an Employer who is delinquent in remittances, or has a history of delinquency in remittances, such Employer shall provide security in such form, value and duration as the Trustees may in their discretion determine to be appropriate. This security shall be used by the Union in the event of a default of payment by the said Employer of Benefit and Pension Funds, Training and Industry Improvement Funds, and Monthly Dues and Field Dues as set forth in the aforesaid Collective Agreement. The allocation of funds shall be made in that order of priority. The security shall be returned by the Trustees to the Employer after thirty (30) days from the expiry of the period that the security was provided by the Employer including accumulated interest where the Employer has not defaulted in any payments required for the Benefit, Pension, Training and Industry Improvement Funds, Monthly Dues and Field Dues referred to herein, within period.
Sample 1
BENEFIT BOND. A25.01 Before members of Local 752 are dispatched to and/or hired directly by any employer who has not been a party to the Collective Agreement for a minimum of twelve (12) months, such employer shall provide security for a period of one (1) year in the amount of twenty-five thousand dollars ($25,000.00). This twenty-five thousand dollars ($25,000.00) security shall be used by the Union in the event of a default of payment by the said employer of Benefit and Pension Funds, Training and Industry Improvement Funds, and Monthly Dues and Field Dues as set forth in the aforesaid Collective Agreement. The allocation of funds shall be made in that order of priority. The twenty-five thousand dollars ($25,000.00) security shall be returned by the Union to the employer after thirty (30) days from the expiry of the one (1) year period that the security was provided by the employer including accumulated interest where the employer has not defaulted in any payments required for the Benefit, Pension, Training and Industry Improvement Funds, Monthly Dues and Field Dues referred to herein, within the one year period.
Sample 1
BENEFIT BOND. A25.01 Before members of Local 752 are dispatched to and/or hired directly by any employer who has not been a party to the Collective Agreement for a minimum of twelve (12) months, such employer shall provide security for a period of one (1) year in the amount of ten thousand dollars ($10,000.00). This ten thousand dollar ($10,000.00) security shall be used by the Union in the event of a default of payment by the said employer of Welfare and/or Pension Funds and Training and Industry Improvement Funds as set forth in the aforesaid Collective Agreement. The ten thousand dollar ($10,000.00) security shall be returned by the Union to the employer after thirty (30) days from the expiry of the one (1) year period that the security was provided by the employer including accumulated interest where the employer has not defaulted in any payments required for the Welfare, Pension, Training and Industry Improvement Funds referred to herein, within the one year period.
Sample 1
BENEFIT BOND. A25.01 Before members of Local 752 are dispatched to and/or hired directly by any employer who has not been a party to the Collective Agreement for a minimum of twelve (12) months, such employer shall provide security for a period of one (1) year in the amount of ten thousand dollars ($10,000.00). This ten thousand dollar ($10,000.00) security shall be used by the Union in the event of a default of payment by the said employer of Welfare and/or Pension Funds and Training and Industry Improvement Funds as set forth in the aforesaid Collective Agreement. The ten thousand dollar ($10,000.00) security shall be returned by the Union to the employer after thirty (30) days from the expiry of the one
Sample 1
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Related to BENEFIT BOND

  • Benefit Coverage The Company agrees to provide pension and welfare benefits as described in the Company Booklets, benefit plan documents or policies of insurance for the duration of the Agreement.

  • Benefit Level The primary care clinics available through each plan administrator are assigned a Benefit Level. The Benefit Levels are outlined in the benefit chart below. Primary care clinics may be in different Benefit Levels for different plan administrators. Family members may be enrolled in clinics that are in different Benefits Levels. Employees and their dependents may change to clinics in different Benefit Levels during the annual open enrollment. Employees and their dependents may also elect to move to a clinic in a different Benefit Level within the same plan administrator up to two (2) additional times during the plan year. Unless the individual has a referral from his/her primary care clinic, there are no benefits for services received from providers in Benefit Levels that are different from that of the primary care clinic in which the individual has enrolled.

  • Same Sex Benefit Coverage An employee who co-habits with a person of the same sex, and who promotes such person as a "spouse" (partner), and who has done so for a period of not less than twelve (12) months, will be eligible to have the person covered as a spouse for purposes of Medical, Extended Health, and Dental benefits.

  • BENEFIT FUND The Trustees are authorized and directed to establish a study committee to review the legality, feasibility and desirability of setting up and maintaining an employee funded Section 125 Flexible Spending Account (FSA). If an FSA is determined to be legal, feasible and desirable in this context, the Trustees are further authorized and directed to establish such an arrangement and offer it to employees covered by this Agreement; provided that the FSA shall not be offered to employees of any Employer who is unwilling or unable to permit employee participation in the FSA.

  • Benefit Premiums The Employer shall continue to pay its portion of insured benefit premiums, provided employees continue to pay their portion, as follows:

  • Benefit Waiting Period Allowance (a) An employee who qualifies for and takes leave pursuant to 21.1 or 21.2 and is required by Employment Insurance to serve a one-week waiting period for Employment Insurance Maternity/Parental benefits, shall be paid a leave allowance equivalent to one week at 85% of the employee's basic pay.

  • Benefit Eligibility For purposes of the Benefit Plan entitlement, common-law and same sex relationships will apply as defined.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Early Retirement Benefits If elected in the Adoption Agreement, an Early Retirement benefit may be available to individuals who meet the age and Service requirements that are specified in the Adoption Agreement. A Participant who attains his or her Early Retirement Date will become fully vested, regardless of any vesting schedule which otherwise might apply. If a Participant separates from Service with a nonforfeitable benefit before satisfying the age requirements, but after having satisfied the Service requirement, the Participant will be entitled to elect an Early Retirement benefit upon satisfaction of the age requirement.

  • Annuity 24.1 If the policy schedule states that the insured amount is a surviving dependant's annuity within the meaning of Section 3.125(1)(b) of the Income Tax Act 2001, this article shall apply.

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