Common use of INDUSTRY FUND Clause in Contracts

INDUSTRY FUND. 18:01 Each Employer bound by this Collective Agreement shall contribute to the Industry Fund monthly, the sum of $0.11 (cents) for each hour earned by each employee. Such amounts on receipt shall be immediately paid to O.R.A.C. as each Employer's contribution for the general purposes of O.R.A.C. Should O.R.A.C. require an increase during the term of this Collective Agreement, such increase shall be determined by the Board of Directors of O.R.A.C.

Appears in 4 contracts

Samples: Provincial Residential Non Construction, Provincial Residential Non Construction, Service and Maintenance, Service and Maintenance Collective Agreement

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INDUSTRY FUND. 18:01 Each Employer bound by this Collective Agreement shall contribute to the Industry Fund monthly, the sum of $0.11 (cents) for each hour earned by each employee. Such amounts on receipt shall be immediately paid to O.R.A.C. as each Employer's contribution for the general purposes of O.R.A.C. Should O.R.A.C. require an increase during the term of this Collective Agreement, ; such increase shall be determined by the Board of Directors of O.R.A.C.

Appears in 3 contracts

Samples: Residential Construction Collective Agreement, Residential Construction Collective Agreement, Construction Collective Agreement

INDUSTRY FUND. 18:01 Each Employer bound by this Collective Agreement shall contribute to the Industry Fund monthly, the sum of $0.11 0.09 (cents) for each hour earned by each employee. Such amounts on receipt shall be immediately paid to O.R.A.C. as each Employer's ’s contribution for the general gener- al purposes of O.R.A.C. Should O.R.A.C. require an increase during the term of this Collective Agreement, ; such increase shall be determined by the Board of Directors of O.R.A.C.

Appears in 3 contracts

Samples: Construction Collective Agreement, Construction Collective Agreement, Construction Collective Agreement

INDUSTRY FUND. 18:01 Each Employer bound by this Collective Agreement shall contribute to the Industry Fund monthly, the sum of $0.11 0.20 (cents) for each hour earned by each employee. employee effective May 1, 2019, Such amounts on receipt shall be immediately paid to O.R.A.C. as each Employer's ’s contribution for the general purposes of O.R.A.C. Should O.R.A.C. require an increase during the term of this Collective Agreement, ; such increase shall be determined deter- mined by the Board of Directors of O.R.A.C.

Appears in 2 contracts

Samples: Service and Maintenance Collective Agreement, static1.squarespace.com

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INDUSTRY FUND. 18:01 Each Employer bound by this Collective Agreement shall contribute to the Industry Fund monthly, the sum of $0.11 0.20 (cents) for each hour earned by each employee. Such amounts on receipt shall be immediately immedi- ately paid to O.R.A.C. as each Employer's ’s contribution for the general purposes of O.R.A.C. Should O.R.A.C. require an increase during the term of this Collective Agreement, ; such increase shall be determined by the Board of Directors of O.R.A.C.

Appears in 1 contract

Samples: Collective Agreement

INDUSTRY FUND. 18:01 Each Employer bound by this Collective Agreement shall contribute to the Industry Fund monthly, the sum of $0.11 0.09 (cents) for each hour earned by each employee. Such amounts on receipt shall be immediately paid to O.R.A.C. as each Employer's contribution for the general purposes of O.R.A.C. Should O.R.A.C. require an increase during the term of this Collective Agreement, such increase shall be determined by the Board of Directors of O.R.A.C.

Appears in 1 contract

Samples: Construction Collective Agreement

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