JOINT EDUCATIONAL TRUST FUND. The Employer shall contribute to the account named by the Trustees of the Joint Educational Trust Fund the amount shown in Clause 8.01 of this Agreement for every hour that an Employee, covered by the terms of this Agreement, is employed, as indicated in Clause 8.01 of this Agreement. Contributions shall be made on the basis of full or half (1/2) hours.
JOINT EDUCATIONAL TRUST FUND. If any Employer is found in default in remitting payments required to be made pursuant to this Agreement and if such default continues for twenty
JOINT EDUCATIONAL TRUST FUND. 18.01 The Employer shall contribute to the account named by the Trustees of the Joint Educational Trust Fund, the amounts shown in Clause 10.01 of this Agreement, for every hour that an Employee covered by the terms of this Agreement is employed, as indicated in Clause 15.01 of this Agreement. Contributions will be made on the basis of full or half (1/2) hours.
18.02 All such contributions shall be recorded by the Employer on forms to be provided by the Union and listing the names of Employees, social insurance numbers and hourly contributions for each Employee, and forwarded with a cheque in the required amount, on or before the 15th day of the month following the month for which such contributions are due, to the applicable trust fund named by the trustees for deposit to the above mentioned trust fund account. A copy of the said list is to be retained by the Employer.
18.03 All amounts paid by the Employer to the Joint Educational Trust Fund shall be in addition to the hourly wage rates established in this Agreement and in no case shall the Employer deduct any such amount from the Employee’s wages.
18.04 Should the Employer fail to submit the required amount of contributions on the due date, the Trustees in their joint names, may take legal action against the delinquent Employer for recovery of the amounts due.
18.05 The terms of the Joint Educational Trust Fund shall not be negotiable under the terms of any Collective Bargaining Agreement. Only that portion pertaining to the number of cents per man hour earned may be negotiated in each succeeding Agreement.
18.06 The Employer and the Union agree to comply with all provisions and requirements of the Trustees of the Joint Educational Trust Fund and such rules and regulations the Trustees deem necessary for the operation of the said Trust Fund. However, the liability of any Employer to the Joint Educational Trust Fund shall be limited to its obligation to pay the amounts stated in this Agreement at the times and in the manner stated, together with any penalties as set forth herein.
18.07 The Trustees shall make provision for an annual audit by a company of Chartered Accountants, and a certified copy of the auditor’s report and balance sheet shall be made available for viewing to all contributory employers and members of the Union, on request.
JOINT EDUCATIONAL TRUST FUND. If any Contractor is found by the Trustees of the respective funds to be in default in remitting payments required to be made pursuant to Articles 8, 9, and 10 of this Agreement and if such default continues for twenty (20) days thereafter, he shall pay to the applicable Fund, as liquidated damages and not as a penalty, an amount equal to ten percent (10%) of the arrears for each month or part thereof in which he is in default. The failure to pay each month shall constitute a separate offense, an shall subject the Contractor to the ten percent (10%) payment. Thereafter interest shall run at the rate of two percent (2%) per month on any unpaid arrears, including liquidated damages. Where an employee performs work that would require the Employer to contribute hourly contributions, at such hourly contribution rate as may from time to time be applicable in this Collective Agreement, then the Employer shall and shall be deemed to hold the sum so deducted in trust for the Trustees of the applicable Trust Fund. Further, in the event of any liquidation, assignment or bankruptcy of such an Employer, an amount equal to the amount that is owed to the applicable Trust Fund by the Employer on whose behalf employees have performed work entitling them to receive contributions to the fund as herein before provided for, is deemed to be held in trust for the Trustees of this fund and such fund shall be deemed to be separate from and form no part of the estate in liquidation, assignment or bankruptcy, whether or not that amount has in fact been kept separate and apart from the Employer's own money or from the assets of the estate.
JOINT EDUCATIONAL TRUST FUND. The Employer shall contribute to the account named by the Trustees of the Joint Educational Trust Fund the amount shown in Clause 8.01 of this Agreement for every hour that an Employee, covered by the terms of this Refrigeration - Maintenance/Service Repair…Page…15
