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 G0.15 (cents) for each hour earned by each employee effective August 8, 2013, an additional G0.01 (cent) per hour earned effective May 1, 2014, an additional G0.01 (cent) per hour earned effective May 1, 2015. 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 2 contracts

Samples: Construction Collective Agreement, Construction 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 G0.15 (cents) for each hour earned by each employee effective August 8, 2013, an additional G0.01 (cent) per hour earned effective May 1, 2014, an additional G0.01 (cent) per hour earned effective May 1, 2015. 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 2 contracts

Samples: 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 G0.15 G0.18 (cents) for each hour earned by each employee effective August 8May 1, 20132016, an additional G0.01 (cent) per hour earned effective May 1, 20142017, an additional G0.01 (cent) per hour earned effective May 1, 20152018. 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

INDUSTRY FUND. 18:01 Each Employer bound by this Collective Agreement shall contribute to the Industry Fund monthly, the sum of G0.15 $0.18 (cents) for each hour earned by each employee effective August 8May 1, 20132016, an additional G0.01 $0.01 (cent) per hour earned effective May 1, 20142017, an additional G0.01 $0.01 (cent) per hour earned effective May 1, 20152018. 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

INDUSTRY FUND. 18:01 Each Employer bound by this Collective Agreement shall contribute to the Industry Fund monthly, the sum of G0.15 $0.15 (cents) for each hour earned by each employee effective August 8, 2013, an additional G0.01 $0.01 (cent) per hour earned effective May 1, 2014, an additional G0.01 $0.01 (cent) per hour earned effective May 1, 2015. 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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INDUSTRY FUND. 18:01 Each Employer bound by this Collective Agreement shall contribute to the Industry Fund monthly, the sum of G0.15 G0.18 (cents) for each hour earned by each employee effective August 8, 2013May 1 2016, an additional G0.01 (cent) per hour earned effective May 1, 20142017, an additional G0.01 (cent) per hour earned effective May 1, 20152018. 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

INDUSTRY FUND. 18:01 Each Employer bound by this Collective Agreement shall contribute to the Industry Fund monthly, the sum of G0.15 $0.15 (cents) for each hour earned by each employee effective August 8, 2013, an additional G0.01 $0.01 (cent) per hour earned effective May 1, 2014, an additional G0.01 $0.01 (cent) per hour earned effective May 1, 2015. 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

INDUSTRY FUND. 18:01 Each Employer bound by this Collective Agreement shall contribute to the Industry Fund monthly, the sum of G0.15 $0.18 (cents) for each hour earned by each employee effective August 8, 2013May 1 2016, an additional G0.01 $0.01 (cent) per hour earned effective May 1, 20142017, an additional G0.01 $0.01 (cent) per hour earned effective May 1, 20152018. 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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