Common use of FRINGE OPTION Clause in Contracts

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.

Appears in 24 contracts

Samples: – 2027 Agreement, 2028 Master Agreement, – 2027 Agreement

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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, agreement giving sixty (60) days prior notice.

Appears in 1 contract

Samples: 2012 Agreement Operating Engineers Local 302 Master Labor Agreement

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