Benevolent Fund Clause Samples

The Benevolent Fund clause establishes a financial reserve or fund intended to provide assistance to individuals facing hardship, typically within an organization or community. This clause outlines the criteria for eligibility, the types of support available (such as grants or loans), and the process for applying for aid from the fund. Its core practical function is to offer a structured means of support for members in need, thereby promoting welfare and solidarity within the group.
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Benevolent Fund. The Contractor agrees to deduct the following amounts per hour worked from the employee's wages and remit to Local No. 511 Benevolent Fund.
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Benevolent Fund. This fund shall be used to provide:
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Benevolent Fund. 18.01 Effective May 1, 2014. Five Cents ($0.05) per hour for each hour worked by all employees covered by this Agreement shall be contributed by the Employer to Union’s Benevolent Fund and administered by the Union’s Benevolent Fund. 18.02 The Employer agrees to remit to the Ranking Officer of the Union these monies and an electronic report in the format requested by the fifteenth (15th) day of the month following in which these deductions were made. 18.03 Such contributions shall continue for the duration of this Collective Agreement or until such time as the fund ceases to exist or ceases to accept contributions.
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Benevolent Fund. 2.14.1 Where an Officer has provided written authority to permit such deductions, the Company shall deduct from such Officers wages each pay period the amount specified in Item 2 of Table 3 of Part B - Rates of Pay, - of this Enterprise Agreement, and shall pay that amount into an approved benevolent fund established for this purpose under the provisions of this Enterprise Agreement. 2.14.2 For the purposes of this Clause, the Joint Consultative Committee (established under the provisions of this Enterprise Agreement) shall be responsible for developing rules acceptable to the Union and the Company allowing for the introduction of the benevolent fund. This fund shall be used to support injured or ill Officers who are temporarily without income, and shall recoup the amounts so provided when the Officer again has access to an income. The rules drawn up pursuant to this subclause shall be subject to approval of a majority of the Members of the Union employed by the Company at the time that the fund is established. 2.14.3 The Company shall incur no liability as a result of the introduction of the Benevolent Fund.
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Benevolent Fund. Retiring employees with unused vacation time may request, at time of separation, that the remainder of their vacation leave balance be donated to the Benevolent Fund.
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Benevolent Fund. This fund shall be to provide: assistance to members Health and Welfare premiums where up-grading for Tradesmen, other Benevolent Services for and on behalf of members. The fund shall not be disbursed for that can work the better interest of the contributing Contractor. The contributions made pursuant to Article shall be forwarded to the No. Benevolent Fund, in the and format by Union No. prior to the fifteenth (15th) day the calendar month following the period for which the contributions are being Contractors complete and forward with the contributions the
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Benevolent Fund. The regular wage or straight time rate for the regular hours worked during a regular work day by the of employees by this Agreement be in accordance with the "Schedule of Wage attached hereto and forming a part of this Agreement. On termination of employment, the pay cheque, record of employment and any vacation pay statutory holiday pay owing shall be given to the employee at time of layoff, if passible, or in any event within working of for or the pay cheque, record of and any pay and statutory holiday pay owing shall be or to the within working days, excluding Saturdays, Sundays and Statutory Holidays. A ▇▇▇▇▇▇▇ who completed the probationary, period, period and third period trainee period of employment. A ▇▇▇▇▇▇▇ who has completed the second term be employed between the first (1st) of the twenty-fifth (25th) month to the last of the (36th) month than hours and up to hours) as a third period trainee. A ▇▇▇▇▇▇▇ who has completed the first trainee term be employed between the first (1st) day of the sixteenth (16th) month to the last day of the (24th) (more than hours and up to hours) as a second period trainee. A ▇▇▇▇▇▇▇ who has completed the period be employed between the first (1st) day of the seventh (7th) month to the last day of the fifteenth (15th) month than hours and up hours) as a period trainee. A ▇▇▇▇▇▇▇ with no previous experience to the completion of the first (1st) six (6) months (1,000 hours) of The work force shall be constituted on basis with at least one qualified on each crew.
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Benevolent Fund. In the event of death of a confirmed employee, the Company shall pay $1,000.00 subject to the following conditions: (a) Death is not caused by — (i) self-inflicted injury or illness or disease caused by misconduct; (ii) performance of an unlawful act; (iii) exposure to an unjustifiable hazard except when endeavouring to save human life; or (iv) provoked assault, abortifacient measures, abuse of drugs or any breach of the peace or disorderly conduct. (b) The nature of death is not covered under any existing Workmen’s Compensation Act or other insurance schemes or other claims against the Company for whatever reason. (c) Death benefit shall be paid to nominees or in the absence of any nominees to his next-of-kin or legal representative in accordance with the laws of the Republic of Singapore.
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Related to Benevolent Fund

  • Settlement Fund All payments under this Section IV shall be made into the Settlement Fund, except that, where specified, they shall be made into the Settlement Fund Escrow. The Settlement Fund shall be allocated and used only as specified in Section V.

  • HUMANITY FUND a) The Company agrees to deduct on a bi‐weekly basis the amount of 1¢ per hour from the wages of all employees in the bargaining unit for all hours worked. b) Prior to the 15th day of the month following said deduction, the Company shall pay the amounts to the “Humanity Fund” and will forward such payment to United Steelworkers National Office, ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇. The Company will advise in writing both the Humanity Fund at aforementioned address and the Local Union that such payment has been made, the amount of such payment and the names of all employees in the bargaining unit on whose behalf such payment has been made.

  • Investment Funds Unregistered general or limited partnerships or pooled investment vehicles and/or registered investment companies in which the Company (directly, or indirectly through the Master Fund) invests its assets that are advised by an Investment Manager.

  • FEMA Fund Certifications Submission of this proposal is Vendor’s certification that Vendor agrees to this term. Vendor certifies that IF and when Vendor accepts a TIPS purchase paid for in full or part with FEMA funds, Vendor certifies that: (1) Vendor agrees to provide the TIPS Member, the FEMA Administrator, the Comptroller General of the United States, or any of their authorized representatives access to and rights to reproduce any books, documents, papers, and records of the Contractor which are directly pertinent to this contract for the purposes of making audits, examinations, excerpts, and transcriptions. The Vendor agrees to provide the FEMA Administrator or an authorized representatives access to construction or other work sites pertaining to the work being completed under the contract. Vendor acknowledges and agrees that no language in this contract or the contract with the TIPS Member is intended to prohibit audits or internal reviews by the FEMA Administrator or the Comptroller General of the United States.