Common use of PREPAID GROUP LEGAL PLAN Clause in Contracts

PREPAID GROUP LEGAL PLAN. The Union shall have the right to establish a lawful trust to provide a prepaid group legal plan and may allocate from any available increase at each anniversary date an amount to be paid to such prepaid group legal plan, provided neither the establishment of such trust nor the plan shall require the Employer to provide any additional money beyond the required increases set forth in this Agreement applicable to wages and fringes and further provided that such trust must enable the Employer to deduct any contributions to the trust as an ordinary and necessary business expense pursuant to the provisions of the Internal Revenue Code.