Common use of NATIONAL ELECTRICAL ANNUITY PLAN Clause in Contracts

NATIONAL ELECTRICAL ANNUITY PLAN. Section 8.01. It is agreed that in accord with the IBEW - District Ten - NECA Individual Equity Retirement Plan Agreement entered into between the National Electrical Contractors Association, Inc., and the International Brotherhood of Electrical Workers on December 11, 1973, as amended, and now delineated as the National Electrical Annuity Plan Agreement and Trust, that unless authorized otherwise by the National Electrical Annuity Plan (''NEAP'1, effective 8-1-21 the individual employer will forward monthly to NEAP's designated collection agent an amount defined below (the contribution obligation) together with a completed payroll report prescribed by the NEAP. The payment shall be made by check or draft and shall constitute a debt due and owing to NEAP on the last day of each calendar month, which may be recovered by suit initiated by NEAP or its assignee. The payment and the payroll report shall be mailed to reach NEAP not later than fifteen (15) calendar days following the end of each calendar month. General Xxxxxxx Xxxxxxx 22% Cable Splicer Journeyman Lineman Journeyman Technician Powderman $8.00 Equipment Operator Equipment Mechanic $7.00 Apprentices - 7th Period $6.00 Apprentices - 6th Period $5.00 Apprentices – 5th Period $4.00 Apprentices - 4th Period Groundman & Xxxx Xxxxxx - Experienced $3.00 Apprentices - 3rd Period $2.00 Apprentices - 2nd Period Groundman & Xxxx Xxxxxx - 2nd 2000 Hours $0.25 Apprentices - 1st Period Groundman & Xxxx Xxxxxx - 1st 2000 Hours The individual Employer hereby accepts, and agrees to be bound by, the National Electrical Annuity Plan Agreement and Trust. An individual Employer who fails to remit as provided above shall be additionally subject to having his agreement terminated upon seventy-two (72) hours' notice in writing being served by the Union, provided the individual employer fails to show satisfactory proof that the required payments have been paid to the appropriate local collection agent. The failure of an individual Employer to comply with the applicable provisions of the National Electrical Annuity Plan Agreement and Trust shall also constitute a breach of his labor agreement.

NATIONAL ELECTRICAL ANNUITY PLAN. Section 8.01. It is agreed that in accord with the IBEW - IBEW-District Ten - Ten-NECA Individual Equity Retirement Plan Agreement entered into between the National Electrical Contractors Association, Inc., and the International Brotherhood of Electrical Workers on December 11, 1973, as amended, and now delineated as the National Electrical Annuity Plan Agreement and Trust, that unless authorized otherwise by the National Electrical Annuity Plan (''NEAP'1"NEAP"), effective 8-1-21 the individual employer will forward monthly to NEAP's designated collection agent an amount defined below equal to the specific contribution amounts set forth on the attached Exhibit A with a minimum contribution amount of two dollars and seventy-two cents ($2.72) (the contribution obligation) together with a completed payroll report prescribed by the NEAP. The payment shall be made by check or draft and shall constitute a debt due and owing to NEAP on the last day of each calendar month, which may be recovered by suit initiated by NEAP or its assignee. The payment and the payroll report shall be mailed to reach NEAP not later than fifteen (15) 15 calendar days following the end of each calendar month. General Xxxxxxx Xxxxxxx 22% Cable Splicer Journeyman Lineman Journeyman Technician Powderman $8.00 Equipment Operator Equipment Mechanic $7.00 Apprentices - 7th Period $6.00 Apprentices - 6th Period $5.00 Apprentices – 5th Period $4.00 Apprentices - 4th Period Groundman & Xxxx Xxxxxx - Experienced $3.00 Apprentices - 3rd Period $2.00 Apprentices - 2nd Period Groundman & Xxxx Xxxxxx - 2nd 2000 Hours $0.25 Apprentices - 1st Period Groundman & Xxxx Xxxxxx - 1st 2000 Hours The individual Employer employer hereby accepts, and agrees to be bound by, the National Electrical Annuity Plan Agreement and Trust. An individual Employer employer who fails to remit as provided above shall be additionally subject to having his agreement terminated upon seventy-two (72) hours' 72 hours notice in writing being served by the Union, provided the individual employer fails to show satisfactory proof that the required payments have been paid to the appropriate local collection agent. The failure of an individual Employer employer to comply with the applicable provisions of the National Electrical Annuity Plan Agreement and Trust shall also constitute a breach of his labor agreement. The required NEAP contribution is to be paid on all hours worked. The failure of an individual employer to comply with the applicable provisions of the National Electrical Annuity Plan Agreement and Trust shall also constitute a breach of his labor agreement. The required NEAP contribution is to be paid on all hours worked.

NATIONAL ELECTRICAL ANNUITY PLAN. (Formerly known as IBEW-District Ten NECA Individual Equity Retirement Plan or the District Ten Plan) Section 8.01. 8.01 It is agreed that in accord with the IBEW - District Ten - NECA Individual Equity Retirement Plan Agreement entered into between the National Electrical Contractors Association, Inc., Inc. and the International Brotherhood of Electrical Workers on December 11, 1973, as amended, and now delineated as the National Electrical Annuity Plan Agreement and Trust, that unless authorized otherwise by the National Electrical Annuity Plan (''NEAP'1“NEAP”), effective 8-1-21 the individual employer Employer will forward monthly to NEAP's ’s designated collection agent an amount defined below equal to twenty one percent (21%) of the contribution obligation) gross monthly payroll, together with a completed payroll report prescribed by the NEAP. The payment shall be made by check or draft and shall constitute a debt due and owing to NEAP on the last day of each calendar month, which may be recovered by suit initiated by NEAP or its assignee. The payment and of the payroll report shall be mailed to reach NEAP not later than fifteen (15) calendar days following the end of each calendar month. General Xxxxxxx Xxxxxxx 22% Cable Splicer Journeyman Lineman Journeyman Technician Powderman $8.00 Equipment Operator Equipment Mechanic $7.00 Apprentices - 7th Period $6.00 Apprentices - 6th Period $5.00 Apprentices – 5th Period $4.00 Apprentices - 4th Period Groundman & Xxxx Xxxxxx - Experienced $3.00 Apprentices - 3rd Period $2.00 Apprentices - 2nd Period Groundman & Xxxx Xxxxxx - 2nd 2000 Hours $0.25 Apprentices - 1st Period Groundman & Xxxx Xxxxxx - 1st 2000 Hours The individual Employer hereby accepts, accepts and agrees to be bound by, by the National Electrical Annuity Plan Agreement and Trust. . Section 8.02 An individual Employer who fails to remit as provided above above, shall be additionally subject to having his this agreement terminated upon seventy-two (72) hours' notice ’ notice, in writing writing, being served by the Union, provided the individual employer Employer fails to show satisfactory proof that the required payments have been paid to the appropriate local collection agent. . Section 8.03 The failure of an the individual Employer to comply with the applicable provisions of the National Electrical Annuity Plan Agreement and Trust shall also constitute a breach of his labor agreementthis Labor Agreement.

NATIONAL ELECTRICAL ANNUITY PLAN. Section 8.01. 8.01 It is agreed that in accord with the IBEW - District Ten - NECA Individual Equity Retirement Plan Agreement entered into between the National Electrical Contractors Association, Inc., and the International Brotherhood of Electrical Workers on December 11, 1973, as amended, and now delineated as the National Electrical Annuity Plan Agreement and Trust, that unless authorized otherwise by the National Electrical Annuity Plan (''NEAP'1"NEAP"), effective 8-1-21 the individual employer will forward monthly to NEAP's designated collection agent an amount defined below equal to (SEE NOTES BELOW FOR CONTRIBUTION RATES) of the contribution obligation) gross monthly labor payroll, together with a completed payroll report prescribed by the NEAP. The payment shall be made by check or draft and shall constitute a debt due and owing to NEAP on the last day of each calendar month, which may be recovered by suit initiated by NEAP or its assignee. The payment and the payroll report shall be mailed to reach NEAP not later than fifteen (15) calendar days following the end of each calendar month. General Xxxxxxx Xxxxxxx 22% Cable Splicer Journeyman Lineman Journeyman Technician Powderman $8.00 Equipment Operator Equipment Mechanic $7.00 Apprentices - 7th Period $6.00 Apprentices - 6th Period $5.00 Apprentices – 5th Period $4.00 Apprentices - 4th Period Groundman & Xxxx Xxxxxx - Experienced $3.00 Apprentices - 3rd Period $2.00 Apprentices - 2nd Period Groundman & Xxxx Xxxxxx - 2nd 2000 Hours $0.25 Apprentices - 1st Period Groundman & Xxxx Xxxxxx - 1st 2000 Hours The individual Employer employer hereby accepts, and agrees agreed to be bound by, the National Electrical Annuity Plan Agreement and Trust. An individual Employer employer who fails to remit as provided above shall be additionally subject to having his agreement terminated upon seventy-seventy- two (72) hours' hours notice in writing being served by the Union, provided the individual employer fails to show satisfactory proof that the required payments have been paid to the appropriate local collection agent. The failure of an individual Employer employer to comply with the applicable provisions of the National Electrical Annuity Plan Agreement and Trust shall also constitute a breach of his labor agreement.. NOTE 1. Local 51, 309, 702 and 649 – Contribution rate for installers will be 25% 1/1/20 through 1/31/20. (CILCO prop) 6% during term of agreement

NATIONAL ELECTRICAL ANNUITY PLAN. (Formerly known as IBEW-District Ten NECA Individual Equity Retirement Plan or the District Ten Plan) Section 8.01. 8.01 It is agreed that in accord with the IBEW - District Ten - NECA Individual Equity Retirement Plan Agreement entered into between the National Electrical Contractors Association, Inc., Inc. and the International Brotherhood of Electrical Workers on December 11, 1973, as amended, and now delineated as the National Electrical Annuity Plan Agreement and Trust, that unless authorized otherwise by the National Electrical Annuity Plan (''NEAP'1“NEAP”), effective 8-1-21 the individual employer Employer will forward monthly to NEAP's ’s designated collection agent an amount defined below equal to nineteen percent (19%) of the contribution obligation) gross monthly payroll, together with a completed payroll report prescribed by the NEAP. The payment shall be made by check or draft and shall constitute a debt due and owing to NEAP on the last day of each calendar month, which may be recovered by suit initiated by NEAP or its assignee. The payment and of the payroll report shall be mailed to reach NEAP not later than fifteen (15) calendar days following the end of each calendar month. General Xxxxxxx Xxxxxxx 22% Cable Splicer Journeyman Lineman Journeyman Technician Powderman $8.00 Equipment Operator Equipment Mechanic $7.00 Apprentices - 7th Period $6.00 Apprentices - 6th Period $5.00 Apprentices – 5th Period $4.00 Apprentices - 4th Period Groundman & Xxxx Xxxxxx - Experienced $3.00 Apprentices - 3rd Period $2.00 Apprentices - 2nd Period Groundman & Xxxx Xxxxxx - 2nd 2000 Hours $0.25 Apprentices - 1st Period Groundman & Xxxx Xxxxxx - 1st 2000 Hours The individual Employer hereby accepts, accepts and agrees to be bound by, by the National Electrical Annuity Plan Agreement and Trust. . Section 8.02 An individual Employer who fails to remit as provided above above, shall be additionally subject to having his this agreement terminated upon seventy-two (72) hours' notice ’ notice, in writing writing, being served by the Union, provided the individual employer Employer fails to show satisfactory proof that the required payments have been paid to the appropriate local collection agent. . Section 8.03 The failure of an the individual Employer to comply with the applicable provisions of the National Electrical Annuity Plan Agreement and Trust shall also constitute a breach of his labor agreementthis Labor Agreement.

NATIONAL ELECTRICAL ANNUITY PLAN. Section 8.01. 8.01 It is agreed that in accord with the IBEW - District Ten - NECA Individual Equity Retirement Plan Agreement entered into between the National Electrical Contractors Association, Inc., and the International Brotherhood of Electrical Workers on December 11, 1973, as amended, and now delineated as the National Electrical Annuity Plan Agreement and Trust, that unless authorized otherwise by the National Electrical Annuity Plan (''NEAP'1"NEAP"), effective 8-1-21 the individual employer will forward monthly to NEAP's designated collection agent an amount defined below equal to (SEE NOTES BELOW FOR CONTRIBUTION RATES) of the contribution obligation) gross monthly labor payroll, together with a completed payroll report prescribed by the NEAP. The payment shall be made by check or draft and shall constitute a debt due and owing to NEAP on the last day of each calendar month, which may be recovered by suit initiated by NEAP or its assignee. The payment and the payroll report shall be mailed to reach NEAP not later than fifteen (15) calendar days following the end of each calendar month. General Xxxxxxx Xxxxxxx 22% Cable Splicer Journeyman Lineman Journeyman Technician Powderman $8.00 Equipment Operator Equipment Mechanic $7.00 Apprentices - 7th Period $6.00 Apprentices - 6th Period $5.00 Apprentices – 5th Period $4.00 Apprentices - 4th Period Groundman & Xxxx Xxxxxx - Experienced $3.00 Apprentices - 3rd Period $2.00 Apprentices - 2nd Period Groundman & Xxxx Xxxxxx - 2nd 2000 Hours $0.25 Apprentices - 1st Period Groundman & Xxxx Xxxxxx - 1st 2000 Hours The individual Employer employer hereby accepts, and agrees agreed to be bound by, the National Electrical Annuity Plan Agreement and Trust. An individual Employer employer who fails to remit as provided above shall be additionally subject to having his agreement terminated upon seventy-two (72) hours' hours notice in writing being served by the Union, provided the individual employer fails to show satisfactory proof that the required payments have been paid to the appropriate local collection agent. The failure of an individual Employer employer to comply with the applicable provisions of the National Electrical Annuity Plan Agreement and Trust shall also constitute a breach of his labor agreement. NOTE 1. Local 51, 309, 702 and 649 – Contribution rate for installers will be 25% 1/1/20 through 1/31/20. (CILCO prop) 6% during term of agreement and Local 309 and 702 meter readers will be 20½% effective 1/1/20, then 21.5% effective 1/1/21.