Payment of Fringe Benefits a. Whenever the minimum wage rate prescribed in the contract for a class of laborers or mechanics includes a fringe benefit which is not expressed as an hourly rate, the contractor or subcontractors, as appropriate, shall either pay the benefit as stated in the wage determination or shall pay another bona fide fringe benefit or an hourly case equivalent thereof.
Payment of Fringe Benefits. (a) NewAlliance agrees to provide the Executive with continued health, dental, life and disability coverage, pursuant to either the policies currently offered by WBC and Westbank or the policies to be offered by NewAlliance to the Continuing Employees of WBC, until the earlier of thirty (30) calendar months following the Effective Time of the Merger or the Executive’s commencement of full-time employment with a new employer, subject to the terms and conditions of such policies, with the Executive responsible for paying the same share of any premiums, copayments or deductibles as if he was an employee and with the disability and life insurance coverage subject to the maximum coverage limits in the current policies of WBC or Westbank, except as set forth below in this Section 3(a). The health and dental coverage shall include any dependents of the Executive who are covered by WBC or Westbank as of the date of this Agreement and who remain covered by WBC or Westbank as of the Effective Time of the Merger. In the event the Executive’s participation in any such plan is barred, NewAlliance shall arrange to provide the Executive with benefits substantially similar to those which the Executive would otherwise have received under such plans from which his continued participation is barred or pay to the Executive a cash amount equal to the amount NewAlliance would have paid for such coverage if the Executive was still an employee. In addition, notwithstanding the foregoing, if the provision of any of the benefits covered by this Section 3(a) would trigger the 20% tax and interest penalties under Section 409A of the Code either due to the nature of such benefit or the length of time it is being provided, then the benefit(s) that would trigger such tax and interest penalties due to the nature of the benefit shall not be provided at all and the benefit(s) that would trigger the tax and interest penalties if provided beyond the “limited period of time” set forth in the regulations under Section 409A shall not be provided beyond such limited period of time (collectively, the “Excluded Benefits”), and in lieu of the Excluded Benefits NewAlliance shall pay to the Executive, in a lump sum within 30 days following termination of employment or within 30 days after such determination should it occur after termination of employment, a cash amount equal to the amount NewAlliance would have paid for such Excluded Benefits in the absence of Section 409A of the Code.
Payment of Fringe Benefits. A. All fringe contributions shall be considered delinquent if postmarked later than the 25th day of the month. All fringe benefits shall be paid monthly by a negotiable check to the Southern California Plastering Institute Trust. In the event the Contractor fails to pay, or is in any way delinquent in paying fringes, or wages, he shall thereafter be required to pay all fringes weekly by certified check, cashier’s check or money order for a period of ninety (90) days for each violation. If a Contractor feels that extenuating circumstances exist in his case he may request the Joint Conference Board at its next called meeting to relieve him of the requirement to make weekly reports and payments of fringe contributions. In order to be eligible to have his case heard by the Joint Conference Board, the Contractor must comply with the timely and complete weekly reporting and payment requirement until his case is heard by the Joint Conference Board.
Payment of Fringe Benefits. Section 6 [6.06] Individual Employers who fail to remit as provided in Section 6.01, 6.02, 6.03, and 6.04 shall be additionally subject to having this 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 made.
Payment of Fringe Benefits. An owner-member shall contribute on a minimum of 117 hours per month to all fringe benefit programs under the respective collective bargaining agreement; provided, however, that if the owner-member works with the tools more than the minimum num- ber of hours, he/she shall contribute to all fringe benefit programs for the actual hours worked in accordance with said collective bargaining agreement. This provision is available for up to two owner-members per signatory company. Additional owner-members shall contribute on a mini- mum of 168 hours per month to all fringe benefit programs under the respective collective bar- gaining agreement; provided, however, that if the owner-member works with the tools more than the minimum number of hours, he/she shall contribute to all fringe benefit programs for the actual hours worked in accordance with said collective bargaining agreement.
Payment of Fringe Benefits. Employees hired after July 1, 1982 shall be entitled to receive full fringe benefits if they work 1,820 hours during.eachyear of the contract. Employees who work less than 1,820 hours shall receive pro rata benefits based upon the percentage of hours they work during the course of the year as opposed to 1,820 hours. (Example: 910 hours/l,820 hours = payment of 50 percent fringe benefits.) •
Payment of Fringe Benefits. (a) For a period of thirty-six (36) calendar months following the Effective Date of the Merger, Parent agrees to provide health, life and disability coverage pursuant to the policies offered to its employees for the Executive, his spouse and any of his dependents covered by comparable coverage provided by the Company or the Company Bank immediately prior to the Effective Date of the Merger, at the sole expense of Parent. In the event the Executive’s participation in any such plan or program is barred, Parent shall arrange to provide the Executive and his covered dependents, if any, with benefits substantially similar to those which the Executive and his covered dependents, if any, would otherwise have received under such plans and programs from which their continued participation is barred or provide their economic equivalent.
Payment of Fringe Benefits. NPB agrees to provide the Executive with continued health, dental, life and disability coverage pursuant to the policies currently offered by Bank (or comparable policies offered to similarly-situated employees of NPB) until the earlier of eighteen (18) calendar months following the date on which Executive’s employment with CBT is terminated or the Executive’s commencement of full-time employment with a new employer, subject to the terms and conditions of such policies, with NPB paying all premiums and with the Executive responsible for paying the same copayments or deductibles as if he was an employee, except as set forth below in this Section 3. The health and dental coverage shall include any dependents of the Executive who are covered as of the date of this Agreement and who remain covered as of the Effective Date of the Merger. In the event the Executive’s participation in any such plan is barred, NPB shall arrange to provide the Executive with benefits substantially similar to those which the Executive would otherwise have received under such plans from which his continued participation is barred or provide their economic equivalent. In addition, notwithstanding the foregoing, if the provision of any of the benefits covered by this Section 3 would trigger the 20% tax and interest penalties under Section 409A of the Code, then the benefit(s) that would trigger such tax and interest penalties shall not be provided (collectively, the “Excluded Benefits”), and in lieu of the Excluded Benefits NPB shall pay to the Executive, in a lump sum within 30 days following termination of employment or within 30 days after such determination should it occur after termination of employment, a cash amount equal to the economic equivalent of such Excluded Benefits.
Payment of Fringe Benefits. All fringe benefits, including retirement payment, hospitalization, insurance, etc., shall not be paid by the Luzerne Intermediate Unit Board during such time as an employee is on maternity leave or any unpaid leave of absence. Employees may continue any or all such benefits by remitting the cost of such benefits to the Board on a prepay basis. Payments must be received by the Luzerne Intermediate Unit Board prior to due date of such payment.
Payment of Fringe Benefits. The Employer shall issue one check covering his liability as reported on the reporting forms for contributions due under Article 26 (The Central Pension Fund,) made payable and mailed to the appropriate associations as indicated on the reporting forms. Reports and or remittances not postmarked by the fifteenth (15) of the month shall be considered delinquent. Liquidated damages of 15% of the contributions due and an interest assessment of I 0% per annum from the due date shall be levied on the Employer for the delinquency. Employers agree to pay all Fringe Benefits covered by this agreement on a monthly basis as granted by the Fund Trustees. Failure to make the said contributions will subject the Employer to any and all recourse provided in the Trust Agreements. The Employees' representative has the authority to enforce Trust Agreement provisions insuring prompt payment of Fringe Benefit Contributions.
