Common use of EMPLOYER PARTICIPATION AGREEMENT Clause in Contracts

EMPLOYER PARTICIPATION AGREEMENT. The signatory contractors to this agreement hereby apply to the Board of Trustees of the NDT Industry Pension Trust Fund (“The Board of Trustees”) for approval of the undersigned for participation in the NDT Industry Pension Trust Fund (“The Plan”). The signatory contractors under take and agree to be bound by all of the terms and provisions of the Agreement and Declaration of Trust dated the 15th of September 1983, as amended from time to time under and pursuant to which the Plan is constituted, and to perform and discharge promptly all of the obligations therein imposed upon employers. The signatories to this agreement further agree that this provision shall constitute a binding agreement between the signatory contractors and the Board of Trustees and each of their successors, respectively.