Common use of Production of Records and Audit Program Clause in Contracts

Production of Records and Audit Program. The Trustees have the power to require any Employer to, and any Employer when so required shall, furnish to the Trustees such information and reports as the Trustees may reasonably require for the establishment, maintenance and efficient administration of each Benefit Plan and for the performance of their duties under this Trust Agreement. Without limiting the generality of the foregoing, Employers shall promptly furnish to the Trustees upon request any and all records concerning the classification, names, and Social Security numbers of their Employees, amounts of wages paid to and shifts worked by their Employees, and any other payroll records and information that the Trustees may require in connection with the administration of the Trust and each Benefit Plan and for no other purpose. The Employers also shall submit in writing to the Trustees such of the above information as may be required by the Trustees at such regular, periodic intervals and on such forms as the Trustees may establish. The Trustees may establish a program to audit the payroll records of Employers at the Employer's place of business as determined by the Trustees for the proper administration of the Trust and each Benefit Plan. The audit shall be conducted at a reasonable time during the Employer's business hours. The Trustees may promulgate rules and regulations providing detailed terms and conditions for conducting the audit and for assessing the cost thereof to the Employer if the audit reveals a material underpayment by the Employer. The names and addresses of Employees and Beneficiaries are confidential information not to be disclosed by the Trustees except as required by an order of a court of competent jurisdiction, and except where necessary for determination of benefits in accordance with the provisions of the Trust Agreement, or as required by law.

Production of Records and Audit Program. The Trustees have the power to require any Employer to, and any Employer when so required shall, furnish to the Trustees such information and reports as the Trustees may reasonably require for the establishment, maintenance and efficient administration of each Benefit Plan the Fund and for the performance of their duties under this Trust Agreement. Without limiting the generality of the foregoing, Employers shall promptly furnish to the Trustees upon request any and all records concerning the classification, names, and Social Security numbers of their Employees, amounts of wages paid to and shifts worked by their Employees, and any other payroll records and information that the Trustees may require in connection with the administration of the Trust and each Benefit Plan Fund and for no other purpose. The Employers also shall submit in writing to the Trustees such of the above information as may be required by the Trustees at such regular, periodic intervals and on such forms as the Trustees may establish. The Trustees may establish a program to audit the payroll records of Employers at the Employer's place of business as determined by the Trustees for the proper administration of the Trust and each Benefit PlanFund. The audit shall be conducted at a reasonable time during the Employer's business hours. The Trustees may promulgate rules and regulations providing detailed terms and conditions for conducting the audit and for assessing the cost thereof to the Employer if the audit reveals a material underpayment by the Employer. The names and addresses of Employees and Beneficiaries are confidential information not to be disclosed by the Trustees except as required by an order of a court of competent jurisdiction, and except where necessary for determination of benefits in accordance with the provisions of the Trust Agreement, or as required by law.