Common use of Partners and Shareholders Clause in Contracts

Partners and Shareholders. (a) An owner, shareholder or partner is a person who has purchased at least ten (10) percent of the total business and continues to be a voting member of the owner group. (b) A maximum of four (4) owners, shareholders or partners may work within the bargaining unit but shall not be subject to the terms and conditions of the Collective Agreement. (c) Owners, shareholders or partners in excess of four (4) who wish to work within the bargaining unit must join the union and be subject to all terms and conditions of the Collective Agreement. (d) When part of an Employer's business facilities are leased to a third party, one of the persons who is the lessee may work within the bargaining unit but shall not be subject to the terms and conditions of the Collective Agreement. This provision shall only apply to the one specific individual identified to the local Union representative as the lessee to be covered by the provision.

Partners and Shareholders. (a) An owner, shareholder or partner is a person who has purchased at least ten (10) percent of the total business and continues to be a voting member of the owner group. (b) A maximum of four (44 ) owners, shareholders or partners may work within the bargaining unit but shall not be subject to the terms and conditions of the Collective Agreement. (c) Owners, shareholders or partners in excess of four (44 ) who wish to work within the bargaining unit must join the union and be subject to all terms and conditions of the Collective Agreement. (d) When part of an Employer's business facilities are leased to a third party, one of the persons who is the lessee may work within the bargaining unit but shall not be subject to the terms and conditions of the Collective Agreement. This provision shall only apply to the one specific individual identified to the local Union representative as the lessee to be covered by the provision.