Common use of Minimum Contribution Rates Clause in Contracts

Minimum Contribution Rates. The Employer and the Union party to this Agreement recognize and acknowledge the Trustees' rights to set minimum contribution rates for participation in their respective Funds. Should the total wage package not be sufficient to provide minimum rates required, the parties recognize that the Trusts specified in the Agreement cannot continue to provide such benefits and other arrangements will have to be made to provide them.

Minimum Contribution Rates. The Employer and the Union party to this Agreement recognize and acknowledge ac- knowledge the Trustees' ’ rights to set minimum contribution contri- bution rates for participation in their respective Funds. Should the total wage package not be sufficient to provide pro- vide minimum rates required, the parties recognize that the Trusts specified in the Agreement cannot continue to provide such benefits and other arrangements will have to be made to provide them.

Minimum Contribution Rates. The Employer and the Union party to this Agreement recognize and acknowledge the Trustees' rights to set minimum contribution rates for participation pa1iicipation in their respective Funds. Should the total wage package not be sufficient to provide minimum rates required, the parties recognize that the Trusts specified in the Agreement cannot continue to provide such benefits and other arrangements will have to be made to provide them.