Common use of Contribution Rate Clause in Contracts

Contribution Rate. The Company shall contribute to the IAM National Pension Fund, Benefit Plan B for each hour or portion thereof to a maximum of forty (40) hours per workweek for which employees in all job classifications covered by this Agreement are entitled to receive pay under this Agreement as follows: $2.55 per hour effective June 1, 2013 $2.75 per hour effective May 1, 2014 $3.05 per hour effective May 1, 2015 $3.35 per hour effective May 1, 2016

Contribution Rate. ‌ The Company shall contribute to the IAM National Pension Fund, Benefit Plan B for each hour or portion thereof to a maximum of forty (40) hours per workweek for which employees in all job classifications covered by this Agreement are entitled to receive pay under this Agreement as follows: $2.05 per hour effective June 1, 2010 $2.25 per hour effective June 1, 2011 $2.40 per hour effective June 1, 2012 $2.55 per hour effective June 1, 2013 $2.75 per hour effective May 1, 2014 $3.05 per hour effective May 1, 2015 $3.35 per hour effective May 1, 20162013

Contribution Rate. The Company shall contribute to the IAM National Pension Fund, Benefit Plan B for each hour or portion thereof to a maximum of forty (40) hours per workweek for which employees in all job classifications covered by this Agreement are entitled to receive pay under this Agreement as follows: : $2.55 1. 60 per hour effective June 1, 2013 2007 $2.75 1. 75 per hour effective May June 1, 2014 2008 $3.05 1.90 per hour effective May June 1, 2015 2009 $3.35 2.05 per hour effective May June 1, 20162010

Contribution Rate. The Company shall contribute to the IAM National Pension Fund, Benefit Plan B for each hour or portion thereof to a maximum of forty (40) hours per workweek for which employees in all job classifications covered by this Agreement are entitled to receive pay under this Agreement as follows: $2.55 5.00 per hour effective June February 1, 2013 2019 $2.75 5.00 per hour effective May February 1, 2014 2020 $3.05 5.00 per hour effective May February 1, 2015 2021 $3.35 5.00 per hour effective May February 1, 20162022