INDUSTRY ADVANCEMENT FUND. The employer does hereby agree to contribute five cents ($0.05) per hour worked by all employees employed under the scope of this agreement monthly to the Paducah Area Construction Advancement Foundation. The aforesaid employer contributions shall be made to the appropriate depository as designated by the Union, with the depository remitting funds monthly to the Foundation. The purpose of the Fund shall be to promote the construction industry as to, but not limited to, public relations and advertising, contract specification improvement programs, the promotion of stable labor-management relations, monetary support for the training and upgrading of employees and such other purposes as are consistent with this program. No expenditure from said fund shall be made for any activity harmful or injurious to the Union. No part of the funds allocated for the Paducah Area Construction Advancement Foundation shall be spent directly or indirectly for any of the following purposes:
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Samples: Carpenter Agreement, Carpenter Agreement, Carpenter Agreement