Common use of National Electrical Industry Fund Clause in Contracts

National Electrical Industry Fund. Each individual Employer shall contribute an amount not to exceed one percent (1%) nor less than .2 of 1% of the productive electrical payroll, as determined by each local Chapter and approved by the Trustees, with the following exclusions: 1. Twenty-five percent (25%) of all productive electrical payroll in excess of 75,000 man-hours paid for electrical work in any one Chapter area during any one calendar year, but not exceeding 150,000 man-hours. 2. One hundred percent (100%) of all productive electrical payroll in excess of 150,000 man-hours paid for electrical work in any one Chapter area during any one calendar year. (Productive electrical payroll is defined as the total wages [including overtime] paid with respect to all hours worked by all classes of electrical labor for which a rate is established in the prevailing labor area where the business is transacted.) Payment shall be forwarded monthly to the National Electrical Industry Fund in a form and manner prescribed by the Trustees no later than fifteen (15) calendar days following the last day of the month in which the labor was performed. Failure to do so will be considered a breach of this Agreement on the part of the individual Employer.

Appears in 2 contracts

Samples: Residential Agreement, Residential Agreement

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National Electrical Industry Fund. Each individual Employer shall contribute an amount not to exceed one percent (1%) nor less than .2 of 1% of the productive electrical payroll, payroll as determined by each local Chapter and approved by the Trustees, with the following exclusionsexclusion: 1. ) Twenty-five percent (25%) of all productive electrical payroll in excess of 75,000 man-hours paid for electrical work in any one Chapter area during any one calendar year, year but not exceeding 150,000 man-hours. 2. ) One hundred percent (100%) of all productive electrical payroll in excess of 150,000 man-man- hours paid for electrical work in any one Chapter area during any one calendar year. (Productive electrical payroll is defined as the total wages [including overtime] overtime paid with respect to all hours worked by all classes of electrical labor for which a rate is established in the prevailing labor area where the business is transacted.) Payment shall be forwarded monthly to the National Electrical Industry Fund in a form and manner prescribed by the Trustees no later than fifteen (15) calendar days following the last day of the month in which the labor was performed. Failure to do so will be considered a breach of this Agreement on the part of the individual Employer.

Appears in 1 contract

Samples: Construction Agreement

National Electrical Industry Fund. Section 7.01 Each individual Employer shall contribute an amount not to exceed one percent (1%) nor less than .2 of 1% of the productive electrical payroll, payroll as determined by each local Chapter and approved by the Trustees, with the following exclusions: 1. ) Twenty-five percent (25%) of all productive electrical payroll in excess of 75,000 man-man hours paid for electrical work in any one Chapter area during any one calendar year, but not exceeding 150,000 man-man hours. 2. ) One hundred Hundred percent (100%) of all productive electrical payroll in excess of 150,000 man-man hours paid for electrical work in any one Chapter area during any one calendar year. (Productive electrical payroll is defined as the total wages [including overtime] overtime paid with respect to all hours worked by all classes of electrical labor for which a rate is established in the prevailing labor area where the business is transacted.) Payment shall be forwarded monthly to the National Electrical Industry Fund in a form and manner prescribed for the by the Trustees no later than fifteen (15) calendar days following the last day of the month in which the labor was performed. Failure to do so will be considered construed as a breach of this Agreement on the part of the individual Employer.

Appears in 1 contract

Samples: Collective Bargaining Agreement

National Electrical Industry Fund. SECTION 7.01 NEIF‌ Each individual Employer shall contribute an amount not to exceed one percent (1%) nor less than .2 of 1% of the productive electrical payroll, payroll as determined by each local Chapter and approved by the Trustees, with the following exclusions: 1. ) Twenty-five percent (25%) of all productive electrical payroll in excess of 75,000 man-man- hours paid for electrical work in any one Chapter area during any one calendar year, year but not exceeding 150,000 man-hours. 2. ) One hundred percent (100%) of all productive electrical payroll in excess of 150,000 man-hours paid for electrical work in any one Chapter area during any one calendar year. (Productive electrical payroll is defined as the total wages [including overtime] overtime paid with respect to all hours worked by all classes of electrical labor for which a rate is established in the prevailing labor area where the business is transacted.) Payment shall be forwarded monthly to the National Electrical Industry Fund in a form and manner prescribed by the Trustees no later than fifteen (15) calendar days following the last day of the month in which the labor was performed. Failure to do so will be considered a breach of this Agreement on the part of the individual Employer.

Appears in 1 contract

Samples: Residential Agreement

National Electrical Industry Fund. Section 7.01 Each individual Employer shall contribute an amount not to exceed one percent (1%) nor less than .2 of 1% of the productive electrical payroll, as determined by each local Chapter and approved by the Trustees, with the following exclusions: 1. Twenty-five percent (25%) of all productive electrical payroll in excess of 75,000 man-man- hours paid for electrical work in any one Chapter area during any one calendar year, but not exceeding 150,000 man-man hours. 2. One hundred Hundred percent (100%) of all productive electrical payroll in excess of 150,000 man-man hours paid for electrical work in any one Chapter area during any one calendar year. (Productive electrical payroll is defined as the total wages [including overtime] paid with respect to all hours worked by all classes of electrical labor for which a rate is established in the prevailing labor area where the business is transacted.) Payment shall be forwarded monthly to the National Electrical Industry Fund in a form and manner prescribed by the Trustees no later than fifteen (15) calendar days following the last day of the month in which the labor was performed. Failure to do so will be considered a breach of this Agreement on the part of the individual Employer.

Appears in 1 contract

Samples: Inside Wireman Agreement

National Electrical Industry Fund. Section 21.01 Each individual Employer who is a member of NECA shall contribute an amount not to exceed one percent (1%) nor less than .2 .2% of 1% of the productive electrical payroll, as determined by each local Local Chapter and approved by the Trusteestrustees, with the following exclusionsexclusion: 1. Twenty-five percent (25%) of all productive electrical payroll in excess of 75,000 man-man- hours paid for electrical work in any one Chapter area during any one anyone calendar year, but not exceeding 150,000 150,00 man-hours. 2. One hundred percent (100%) of all productive electrical payroll in excess of 150,000 man-man- hours paid for electrical work in any one Chapter area during any one calendar year. (Productive electrical payroll is defined as the total wages [(including overtime] ) paid with respect to all hours worked by all classes of electrical labor for which a rate is established in the prevailing labor area where the business is transacted.) Payment shall be forwarded forward monthly to the National Electrical Industry Fund in a form and manner prescribed by the Trustees no later than fifteen (15) calendar days following the last day of the month in which the labor was performed. Failure to do so will be considered a breach of this Agreement agreement on the part of the individual Employer.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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National Electrical Industry Fund. Section 7.01 Each individual Employer shall contribute an amount not to exceed one percent (1%) nor less than .2 of 1% of the productive electrical payroll, payroll as determined by each local Chapter and approved by the Trustees, with the following exclusions: 1. Twenty-five percent (25%) of all productive electrical payroll in excess of 75,000 man-hours paid for electrical work in any one Chapter area during any one calendar year, year but not exceeding 150,000 man-hours. 2. One hundred percent (100%) of all productive electrical payroll in excess of 150,000 man-hours paid for electrical work in any one Chapter area during any one calendar year. (Productive electrical payroll is defined as the total wages [including overtime] overtime paid with respect to all hours worked by all classes of electrical labor for which a rate is established in the prevailing labor area where the business is transacted.) Payment shall be forwarded monthly to the National Electrical Industry Fund in a form and manner prescribed by the Trustees no later than fifteen (15) calendar days following the last day of the month in which the labor was performed. Failure to do so will be considered a breach of this Agreement on the part of the individual Employer.

Appears in 1 contract

Samples: Residential Labor Agreement

National Electrical Industry Fund. Each individual Employer shall contribute an amount not to exceed one percent (1%) nor less than .2 of 1% of the productive electrical payroll, as determined by each local Chapter and approved by the Trustees, with the following exclusions: 1. Twenty-five percent (25%) of all productive electrical payroll in excess of 75,000 man-hours manhours paid for electrical work in any one Chapter area during any one (l) calendar year, but not exceeding 150,000 man-hoursmanhours. 2. One hundred percent (100%) of all productive electrical payroll in excess of 150,000 man-hours payday paid for electrical work in any one Chapter area during any one (l) calendar year. ([Productive electrical payroll is defined as the total wages [(including overtime] ) paid with respect to all hours worked by all classes of electrical labor for which a rate is established in the prevailing labor area where the business is transacted.) ] Payment shall be forwarded monthly to the National Electrical Industry Fund in a form and manner prescribed by the Trustees no later than fifteen (15) calendar days following the last day of the month in which the labor was performed. Failure to do so will be considered a breach of this Agreement on the part of the individual Employer.

Appears in 1 contract

Samples: Collective Bargaining Agreement

National Electrical Industry Fund. Each individual Employer shall contribute an amount not to exceed one percent (1%) percent nor less than .2 of 1% of the productive electrical labor payroll, as determined by each local Chapter chapter and approved by the Trustees, Trustees with the following exclusions: 1. Twenty-five percent (25%) percent of all productive electrical payroll in excess of 75,000 man-hours paid for electrical work in any one Chapter area during any one calendar year, but not exceeding 150,000 man-hours. 2. One hundred percent (100%) percent of all productive electrical payroll in excess of 150,000 man-hours paid for electrical work in any one Chapter area during any one calendar year. ([Productive electrical payroll is defined as the total wages [(including overtime] ) paid with respect to all hours worked by all classes of electrical labor for which a rate is established in the prevailing labor area where the business is transacted.) ] Payment shall be forwarded monthly to the National Electrical Industry Fund in a form and manner prescribed by the Trustees no later than fifteen (15) calendar days following the last day of the month in which the labor was performed. Failure to do so will be considered a breach of this Agreement on the part of the individual Employer.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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