JOINT INDUSTRIAL CATERING ADVANCEMENT FUND Sample Clauses

JOINT INDUSTRIAL CATERING ADVANCEMENT FUND. 18.01 The contractors and the Union agree that, effective upon ratification and continuing each year thereafter, a contribution of eleven cents ($0.11) for each hour worked shall be remitted for the establishment and maintenance of an Industrial Catering Advancement Fund. This fund shall be administered by an eight (8) man Board of Trustees to be appointed equally by the National Association of Camp Management Contractors and the Union. The Fund, if deemed in the best interests of the Parties and the Union by the Trustees, may be used for, but not limited to, the following purposes: Public Relations, Collective Bargaining expenses such as cost of meeting rooms, printing of Collective Agreements and supplying of necessary lunches, and such other industry wide endeavours as may be agreed upon for the best interests of the industry by the Trustees. The Joint Industrial Catering Advancement Fund shall be audited by a Certified Chartered Accounting Firm at least once a year with a full report given to the Trustees of all Items of income and expense and shall at all times, be operated under the guidelines and regulations as set forth by both the Federal and Provincial tax authorities. All monies paid into this Fund shall be held in escrow until such time as a trust document has been developed by National Association of Camp Management Contractors and executed by National Association of Camp Management Contractors and the Union. Such trust document shall be completed within thirty (30) days of ratification of this Agreement.
Sample 1
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JOINT INDUSTRIAL CATERING ADVANCEMENT FUND. 18.01 The Employer and the Union agree that, effective upon ratification and continuing each year thereafter, the Employer shall remit the amount reflected in Appendix "A" for each hour worked for the establishment and maintenance of an Industrial Catering Advancement tfund. This fund shall be administered by an eight (8) person Board of Trustees to be appointed equally by the Construction Labour Relations Association of BC and the Union. The tfund, if deemed in the best interests of the Parties and the Union by the Trustees, may be used for, but not limited to, the following purposes: Public Relations, Collective Bargaining expenses such as cost of meeting rooms, printing of Collective Agreements and supplying of necessary lunches, and such other industry wide endeavours as may be agreed upon for the best interests of the industry by the Trustees. The Joint Industrial Catering Advancement tfund shall be audited by a Certified Chartered Accounting tfirm at least once a year with a full report given to the Trustees of all Items of income and expense and shall at all times, be operated under the guidelines and regulations as set forth by both the tfederal and Provincial tax authorities. All monies paid into this tfund shall be held in escrow until such time as a trust document has been developed by National Association of Camp Management Contractors and executed by National Association of Camp Management Contractors and the Union. Such trust document shall be completed within thirty (30) days of ratification of this Agreement. ulinary Agreement May 1, 2019 to April 30, 2023 ARTICLE 19.00-CULINARY WORKERS JOINT LIAISON COMMITTEE
Sample 1

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