FRINGE OPTION Sample Clauses

FRINGE OPTION. It is further agreed that if additional sums are necessary to maintain or improve the fringe benefit plans, such sums may be deducted from wages at any anniversary date of the Agreement by mutual agreement, giving sixty (60) days prior notice.
Sample 1Sample 2Sample 3See All (22)
AutoNDA by SimpleDocs
FRINGE OPTION. If additional sums are necessary to maintain the fringe benefits, by mutual agreement, on sixty (60) days’ notice, such sums may be deduct- ed from wages.
Sample 1Sample 2Sample 3See All (6)
FRINGE OPTION. If additional sums are necessary to maintain the fringe benefits, by mutual agreement, on sixty
Sample 1Sample 2Sample 3
FRINGE OPTION. It is hereby agreed the Union, upon ninety (90) days notice to the Employers, may apply any part or all of said increase to fringe benefits and the wage scale shall be reduced by the amount.
Sample 1
FRINGE OPTION. If additional sums are necessary to maintain the fringe benefits, by mutual agreement, on sixty (60) days’ notice, such sums shall be paid by the employer up to, but not more than $0.50 during the effective dates of this agreement. Any amount required beyond $0.50 may be deducted from wages. Note: Residential Construction shall be defined as; construction, alteration, repair, improvement, or maintenance of single-family dwellings, duplexes, apartments, condominiums, and other residential structures not to exceed four stories in height, including basement, when used solely as permanent residences. It does not include the utilities construction (water and sewer lines), or work on streets, or work on other structures (e.g., for recreation and business.) FOREPERSONS/GENERAL FOREPERSONS IN ALL CLASSIFICATIONS: FOREPERSONS shall receive ten percent (10%) per hour above the highest paid journeyperson wage classification working under them. GENERAL FOREPERSON will be paid five percent (5%) above the highest paid foreperson rate, if one is used at the option of the employer. Should the classifications not provided for herein become involved, such classifications and the wage rates for same shall be negotiated by the Employer and the Union. Any Xxxxxxxxx, Millwright and Machine Erector, or Piledriver covered by this Agreement shall be supervised by a Foreperson/General Foreperson of their respective craft, when one is employed. APPRENTICE RATES FOR ALL CLASSIFICATIONS *1st Year – 80% of Journeyperson Scale 2nd Year – 85% of Journeyperson Scale 3rd Year – 90% of Journeyperson Scale 4th Year – 95% of Journeyperson Scale *No Pension contributions shall be required for an apprentice in the 1st year of their apprenticeship, except for hours worked on projects that are subject to State of Montana Prevailing Wage Rates as referred to in Montana Codes Annotated 18-2-416.
Sample 1
FRINGE OPTION. If additional sums are necessary to maintain the fringe beneßts, by mutual agreement, on sixty
Sample 1
FRINGE OPTION. Union option to allocate up to 50% of any negotiated increase or $ .40, whichever is greater, from wages to apply to fringe benefits with thirty (30) days' notice prior to any anniversary date of this Agreement. APPENDIX 1 SCHEDULE "B" FRINGE BENEFITS
Sample 1
AutoNDA by SimpleDocs
FRINGE OPTION. Union option to take money from wages to apply to fringe benefits with thirty (30) days notice prior to any scheduled increase or anniversary date of this Agreement. SCHEDULE "C" HIRING HALL
Sample 1
FRINGE OPTION. If additional sums are necessary to maintain the fringe benefits, by mutual agreement, on sixty (60) days’ notice, such sums may be deducted from wages. Note; Residential Construction shall be defined as; construction, alteration, repair, improvement, or maintenance of single family dwellings, duplexes, apartments, condominiums, and other residential structures not to exceed four stories in height, including basement, when used solely as permanent residences. It does not include the utilities construction (water and sewer lines), or work on streets, or work on other structures (e.g., for recreation and business.) XXXXXXX/GENERAL XXXXXXX IN ALL CLASSIFICATIONS: XXXXXXX shall receive ten percent (10%) per hour above the highest paid journeyman wage classification working under him. GENERAL XXXXXXX will be paid five percent (5%) above the highest paid xxxxxxx rate, if one is used at the option of the employer. Should the classifications not provided for herein become involved, such classifications and the wage rates for same shall be negotiated by the Employer and the Union. Any Xxxxxxxxx, Millwright and Machine Erector, or Piledriver covered by this Agreement shall be supervised by a Xxxxxxx/General Xxxxxxx of their respective craft, when one is employed. APPRENTICE RATES FOR ALL CLASSIFICATIONS First Period 3 Months - 60% Fifth Period 6 Months - 80% Second Period 3 Months - 65% Sixth Period 6 Months - 85% Third Period 6 Months - 70% Seventh Period 6 Months - 90% Fourth Period 6 Months - 75% Eighth Period 12 Months - 95% *No Pension contributions will be paid for apprentices during the 1st or 2nd period.
Sample 1

Related to FRINGE OPTION

  • Employee Options There are two (2) options available to an employee who is otherwise eligible for disability insurance benefits which are as follows:

  • GREEN OPTION Competitive Supplier hereby agrees that it will incorporate the Green Option program as described in Exhibit A into Supplier’s provision of All Requirements Power Supply under this Agreement and offer such program to interested Eligible Consumers.

  • Option The Receiver hereby grants to the Assuming Institution an exclusive option for the period of ninety (90) days commencing the day after Bank Closing to accept an assignment from the Receiver of all Leased Data Management Equipment.

  • Standard Option The Connecting Transmission Owner shall design, procure, and construct the Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades, using Reasonable Efforts to complete the Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades by the dates set forth in Appendix B hereto. The Connecting Transmission Owner shall not be required to undertake any action which is inconsistent with its standard safety practices, its material and equipment specifications, its design criteria and construction procedures, its labor agreements, and Applicable Laws and Regulations. In the event the Connecting Transmission Owner reasonably expects that it will not be able to complete the Connecting Transmission Owner’s Attachment Facilities and System Upgrade Facilities and System Deliverability Upgrades by the specified dates, the Connecting Transmission Owner shall promptly provide written notice to the Developer and NYISO, and shall undertake Reasonable Efforts to meet the earliest dates thereafter.

  • Cash Option [ ] (a) The Employer may permit a Participant to elect to defer to the Plan, an amount not to exceed % of any Employer paid cash bonus made for such Participant for any year. A Participant must file an election to defer such contribution at least fifteen (15) days prior to the end of the Plan Year. If the Employee fails to make such an election, the entire Employer paid cash bonus to which the Participant would be entitled shall be paid as cash and not to the Plan. Amounts deferred under this section shall be treated for all purposes as Elective Deferrals. Notwithstanding the above, the election to defer must be made before the bonus is made available to the Participant.

  • Prior Options No prior options or rights of first refusal have been granted by Seller to any third parties to purchase or lease any interest in the Property, or any part thereof, which are effective as of the execution date.

  • Stock Options With respect to the stock options (the “Stock Options”) granted pursuant to the stock-based compensation plans of the Company and its subsidiaries (the “Company Stock Plans”), (i) each Stock Option intended to qualify as an “incentive stock option” under Section 422 of the Code so qualifies, (ii) each grant of a Stock Option was duly authorized no later than the date on which the grant of such Stock Option was by its terms to be effective (the “Grant Date”) by all necessary corporate action, including, as applicable, approval by the board of directors of the Company (or a duly constituted and authorized committee thereof) and any required stockholder approval by the necessary number of votes or written consents, and the award agreement governing such grant (if any) was duly executed and delivered by each party thereto, (iii) each such grant was made in accordance with the terms of the Company Stock Plans, the Exchange Act and all other applicable laws and regulatory rules or requirements, including the rules of the New York Stock Exchange and any other exchange on which Company securities are traded, and (iv) each such grant was properly accounted for in accordance with GAAP in the financial statements (including the related notes) of the Company and disclosed in the Company’s filings with the Commission in accordance with the Exchange Act and all other applicable laws. The Company has not knowingly granted, and there is no and has been no policy or practice of the Company of granting, Stock Options prior to, or otherwise coordinating the grant of Stock Options with, the release or other public announcement of material information regarding the Company or its subsidiaries or their results of operations or prospects.

Time is Money Join Law Insider Premium to draft better contracts faster.