Delinquent Employers. In the event that an Employer fails to maintain affiliation in good standing with the Pension Trust, the Employer shall be in violation of this Article 10, in addition to all other applicable standards. Immediately upon termination of the Employer's affiliation with the Pension Trust, the Union and the employees may withhold all services from the delinquent Employer until such time as the default has been cured to the satisfaction of the Pension Trust and the Union. In addition, the Company shall be responsible for the payment of all wages (including interest at the legal rate in Vermont) that would have been earned in normal working hours during any strike called on account of delinquent conditions.
Delinquent Employers. In the case of delinquent remittance the Union may utilize the grievance procedure beginning with Step III to recover the amount owing and all associated costs and interest on the outstanding amount.
Delinquent Employers. In the event that an Employer fails to maintain affiliation in good standing with the Pension Trust, the Employer shall be in violation of this Article 10, in addition to all other applicable standards. Immediately upon termination of the Employer's affiliation with the Pension Trust, the Union and the employees may withhold all services from the delinquent Employer until such time as the default has been cured to the satisfaction of the Pension Trust and the Union.
Delinquent Employers. 21 ARTICLE 11 401K Plan ............................................................................................................................. 22 11.1 401K Plan ..................................................................................................... 22 ARTICLE 12 Notices .................................................................................................................................. 22 12.1 Bulletin Boards .............................................................................................. 22 12.2 Holiday Notice .............................................................................................. 22 12.3 Emergencies .................................................................................................. 22 12.4 Plant Bidding ................................................................................................. 22
Delinquent Employers. 24 ARTICLE 11 401(k) Plan ........................................................................................................... 24 11.1 401(k) Plan ................................................................................................... 24 ARTICLE 12 Seniority ................................................................................................................ 24 12.1 Seniority ........................................................................................................ 24 12.2 Seniority Rosters ........................................................................................... 26 12.3 General Leave of Absence ............................................................................ 26 12.4 Transferring out of the Bargaining Unit ........................................................... 26 12.5 New Employees ........................................................................................... 27
Delinquent Employers. In the event that the Union elects not to follow the procedure set forth in Section 1 of this Article XII for the settlement of claims or disputes arising out of an alleged failure by an Employer or other employer to comply with any of the Provisions of Article X, Article XI, XII or XIII, and instead removes employees covered by this agreement from such delinquent Employer of other delinquent employer then the delinquent Employer or other delinquent employer shall be obligated to pay the wages and fringe benefit contributions of such employee or employees so removed until such time as the delinquent reports and/or payments, if due, have been made.
Delinquent Employers. 4.1 Damages for Delinquency. Each monthly contribution to the Fund shall be made promptly as required by Section 3.1. Any Contributions received later than the date required under Section 3.1 shall be considered delinquent. The Parties recognize and acknowledge that the regular and prompt payment of Employer Contributions to the Fund is essential to the maintenance of the Fund, and that it would be extremely difficult, if not impracticable, to fix the actual expense and damage to the Fund which would result from the delinquency of the Employer to pay his Contributions in full within the time above provided. Therefore, the amount of damage to the Fund resulting from any such failure shall be presumed to be the sum of $10 or 7 percent of the indebtedness, whichever is greater, which is an approximation of the cost of processing a delinquency. This amount shall, at the Trustees’ discretion, become due and payable to the Fund by the Employer as liquidated damages and not as a penalty immediately following the date the Contribution became delinquent.
