PAC FUND CONTRIBUTIONS Clause Samples

The PAC Fund Contributions clause outlines the obligations and procedures related to contributions made to a Political Action Committee (PAC) by parties involved in an agreement. Typically, this clause specifies who is responsible for making contributions, the permissible amounts, and the timing or frequency of such payments. It may also address compliance with applicable laws and reporting requirements. The core function of this clause is to ensure transparency and legal compliance in political contributions, thereby reducing the risk of regulatory violations and clarifying each party's responsibilities.
PAC FUND CONTRIBUTIONS. If the Local 139 Fringe Benefit Funds implement an “Internet Based Fringe Benefit Reporting” system, effective January 1, 2007, the Employer agrees to deduct five cents ($0.05) for each hour that the employee receives wages under the terms of the Agreement, on the basis of individually signed, voluntarily executed authorized deduction forms which shall be provided to the Employer. It is agreed that these authorized deductions for the IUOE Local 139 Federal PAC are not conditions of membership in the International Union of Operating Engineers, Local 139 or of employment with the Employer.
PAC FUND CONTRIBUTIONS. If the Local 139 Fringe Benefit Funds implement an “Internet Based Fringe Benefit Reporting” system, effective January 1, 2007, t¬he Employer agrees to deduct five cents ($0.05) for each hour that the employee receives wages under the terms of the Agreement, on the basis of individually signed, voluntarily executed autho- rized deduction forms which shall be provided to the Employer. It is agreed that these authorized deductions for the IUOE
PAC FUND CONTRIBUTIONS. In response to the Local 139 Fringe Benefit Funds implementing an “Internet Based Fringe Benefit Reporting” system (I-REMIT), effective January 1, 2010 and continuing thereafter the Employer agrees to deduct five ($0.05) cents for each hour that the employee receives wages under the terms of the Agreement, on the basis of individually signed, voluntarily executed authorized deduction forms which shall be provided to the Employer. It is agreed that these authorized deductions for the IUOE Local 139 Federal PAC are not conditions of membership in the International Union of Operating Engineers, Local 139 or of employment with the Employer. Payments will be made to the IUOE, Local 139 Federal PAC, as part of the “Internet Based Fringe Benefit Reporting” system (I-REMIT), at the same time the Employer submits its other benefits to the appropriate offices. All other terms and conditions as set forth in the Heavy and Highway Construction Agreement shall be unchanged by this Letter of Understanding. The parties further agree that Article XVI, Section 16.2, Indemnity shall also apply to any actions taken by a Contractor in agreeing to and complying with the terms of this Letter of Understanding. This Letter of Understanding shall be binding upon the parties, their successors and assigns from June 1, 2011 to May 31, 2012, and shall continue in full force and effect from year to year thereafter unless terminated by written notice given by either party not more than one hundred (120) days, but not less than ninety (90) days prior to such expiration date, or any anniversary thereof. The International Union of Operating Engineers, Local 139, AFL-CIO, and Wisconsin Transportation Employers Council hereby agree to this Letter of Understanding with respect to the 2021–2024 Heavy & Highway Construction Agreement and its Memorandum of Understanding. Specifically, the parties agree that should there be a legal requirement to provide paid sick days or paid sick pay on a particular job or otherwise, the parties will meet and discuss how to adjust, to the extent permitted by such paid sick day or paid sick pay law(s), the total wage and fringe benefit package to insure it does not increase in any fashion, by re- allocating the existing wage rates and fringe benefit contributions. In the event the parties are unable to agree on the reallocation before any such paid sick days or paid sick pay has to be provided, the WTEC or the involved Contractor(s) may reopen the Master Agreemen...
PAC FUND CONTRIBUTIONS. If the Local 139 Fringe Benefit Funds implement an “Internet Based Fringe Benefit Reporting” system, effective June 1, 2009, the Employer agrees to deduct five (5¢) cents for each hour that the employee receives wages under the terms of the Agreement, on the basis of individually signed, voluntarily executed authorized deduction forms which shall be provided to the Employer . It is agreed that these authorized deductions for the IUOE Local 139 Federal PAC are not conditions of membership in the International Union of Operating Engineers, Local 139 or of employment with the Employer . section 17.3. The Association and the Contractor hereby agree to be bound by the Trust Agreements and amendments thereof, which establish and govern the Trust Agreements and amendments thereof, which establish and govern the Trust Funds referred to in Section 17 .2 . The Association and the Contractor designate as their representatives on the Board of Trustees of such Trust Fund, such Trustees as have been named and appointed pursuant to said Trust Agreements as Employer Trustees, together with their successors selected in the manner provided in such Trust Agreements . The Association and the Contractor hereby ratify all actions already taken or to be taken by such Trustees within the scope of their authority .