Common use of Mechanic’s Tool Stipend Clause in Contracts

Mechanic’s Tool Stipend. Each mechanic will receive an annual tool stipend according to the following schedule and paid on the first payroll of each fiscal year: 10 or more years of service, $125 15 or more years of service, $175 20 or more years of service, $225

Mechanic’s Tool Stipend. Each Effective July 1, 2007, each mechanic will receive an annual tool stipend according to the following schedule and paid on the first payroll of each fiscal year: 10 or more years of service, $125 15 or more years of service, $175 20 or more years of service, $225