Common use of Penalties for Non-Payment of Contributions Clause in Contracts

Penalties for Non-Payment of Contributions. In the case that a participating Qualified Employer does not forward the Participant contributions to SISC in a timely manner, SISC reserves the right to take appropriate action including revocation of the right to participate in the SISC FLEX Plan. In any event, the Qualified Employer will be required to pay SISC all monies owed.

Appears in 4 contracts

Samples: Sisc Flex Service Agreement, Sisc Flex Service Agreement, Sisc Flex Service Agreement

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