Common use of Rental Fees Clause in Contracts

Rental Fees. The Employer agrees to enter into a tool rental agreement with mechanics wherein the Employer shall pay a fee for the employee’s use of such tools in the service of the Employer. The agreement shall be of legal form and shall contain as minimum provisions the following: a. Rental fee of four hundred dollars ($400.00) per year. b. Ownership and use shall remain vested in the employee. c. The employee shall furnish tools of less than one (1) inch. d. A pro rate termination fee schedule.

Appears in 10 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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