Common use of Contract Administration Trust for Union-Management Relations Clause in Contracts

Contract Administration Trust for Union-Management Relations. For the purpose of establishing, implementing and administering uniform labor relations policies and assisting in the negotiations of any modification, amendment, change, extension or renewal of this Agreement or any subsequent Agreement, on behalf of signatory members of the Association and those individual Employers who, under a collective bargaining agreement with the Union, are so obligated to contribute, the individual Employer will, during the term of this Agreement, contribute the sum designated in Appendix A to Contract Administration Trust for Union-Management Relations. The Trust is an Employer-established and administered trust formed and created for the above stated purposes and the individual Employer hereby adopts and agrees to be bound by the terms of that certain Trust Agreement establishing the Contract Administration Trust for Union-Management Relations and further agrees to observe and be bound by the actions and determinations of the Board of Trustees of said Trust.