Payment for Lost or Stolen Tools. Par. 1. The Company agrees that they should make every effort to provide a reasonably safe place for tools and likewise the employee shall make every effort to protect not only his own tools but also to protect the Company tools. The Company and the local union agree a) Up to a maximum claim of $200, the Com- pany will pay 75% and the local union will pay 25%. b) On claims of more than $200, the local union will pay $50 with the remainder, up to a maximum of $900, paid by the Company. Alternatively, the Company may elect to list those tools which its employees are required to utilize. In that event the Company shall not be required to reimburse its employees for other than those tools it shall require. Actual receipts for replacement tools must be submitted, in either case, to the local union and the Company by the Employee claiming the loss before reimbursement can be author- ized. The local union and the Company re- serve the right to inspect replacement tools.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Neba Agreement
