Common use of FUNDING OF COMPLIANCE Clause in Contracts

FUNDING OF COMPLIANCE. The sum of twenty ($0.20) cents per hour shall be paid to Painters and Allied Trades Compliance Administrative Trust (PATCAT). The interpreters shall be empowered to process such contributions through the Compliance and Training Program should they agree that it would be more beneficial to the Industry to do so. In the event the above-designated amount of monies are not used for Drywall Compliance, they shall revert, by mutual agreement of the parties, to the Drywall Apprenticeship Program.

FUNDING OF COMPLIANCE. The sum of twenty ten ($0.2010) cents per hour shall be paid to Painters and Allied Trades Compliance Administrative Trust (PATCAT). The interpreters shall be empowered to process such contributions through the Compliance and Training Program should they agree that it would be more beneficial to the Industry to do so. In the event the above-above designated amount of monies are not used for Drywall Compliance, they shall revert, by mutual agreement of the parties, to the Drywall Apprenticeship Program.