Common use of Inapplicability to Union Employees Clause in Contracts

Inapplicability to Union Employees. The preceding provisions of this Section 19.04 will not apply with respect to any employee included in a unit of employees covered by an agreement that the Secretary of Labor finds to be a collective bargaining agreement between employee representatives and the Employer, if there is evidence that retirement benefits were the subject of good faith bargaining between such employee representatives and the Employer.

Appears in 3 contracts

Samples: Salaried 401(k) Plan (Pepsiamericas Inc/Il/), 401(k) Plan (Pepsiamericas Inc/Il/), Salaried 401(k) Plan (Pepsiamericas Inc/Il/)

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Inapplicability to Union Employees. The preceding provisions of this Section 19.04 19.4 will not apply with respect to any employee included in a unit of employees covered by an agreement that the Secretary of Labor finds to be a collective bargaining agreement between employee representatives and the Employer, if there is evidence that retirement benefits were the subject of good faith bargaining between such employee representatives and the Employer.

Appears in 1 contract

Samples: 401(k) Plan (Pepsiamericas Inc/Il/)

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