Common use of Southern California Plastering Institute Inc. Group Benefit Trust Clause in Contracts

Southern California Plastering Institute Inc. Group Benefit Trust. A. The Trust Agreement of the Southern California Plastering Institute Inc., as amended and modified, as a part hereof as though fully set forth herein. B. Effective August 1, 2018, the Contractors covered by this Agreement, in addition to compliance with all other provisions contained herein, shall pay to the Southern California Plastering Institute Inc. Group Benefit, or its order, the sum of nine dollars and thirty-eight cents ($9.38) for each hour an Employee is to receive pay pursuant to the terms of this Agreement. C. The Southern California Plastering Institute Inc. may require payments to be made directly to it or may designate by written order an agent for deposit or collection. In the event no such agent or depository is named, said sums shall be paid to the Southern California Plastering Institute, Inc. for the benefit of the Southern California Plastering Institute Inc. D. Should the health insurance provisions (Group Benefit) contained in this Agreement and/or Health and Welfare Trust (Group Benefit) plan design cause the Employer to become subject to a penalty, fine or other assessable payment under the Patient Protection and Affordable Care Act or any related law or regulation, the Union and the Employer will immediately meet to bargain over a solution that does not increase the total cost to the Employer. In the event of the Union failing to immediately meet or a solution a solution is not agreed to, any contributions that would be owed to the Health and Welfare Trust shall be held in escrow and a no strike provision shall apply.

Appears in 2 contracts

Samples: Labor Agreement, Labor Agreement

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Southern California Plastering Institute Inc. Group Benefit Trust. A. The Trust Agreement of the Southern California Plastering Institute Inc., as amended and modified, as a part hereof as though fully set forth herein. B. Effective August 16, 20182014, the Contractors covered by this Agreement, in addition to compliance with all other provisions contained herein, shall pay to the Southern California Plastering Institute Inc. Group Benefit, or its order, the sum of nine five dollars and thirtyforty-eight cents ($9.385.48) for each hour an Employee is to receive pay pursuant to the terms of this Agreement. C. The Southern California Plastering Institute Inc. may require payments to be made directly to it or may designate by written order an agent for deposit or collection. In the event no such agent or depository is named, said sums shall be paid to the Southern California Plastering Institute, Inc. for the benefit of the Southern California Plastering Institute Inc. D. Should the health insurance provisions (Group Benefit) contained in this Agreement and/or Health and Welfare Trust (Group Benefit) plan design cause the Employer to become subject to a penalty, fine or other assessable payment under the Patient Protection and Affordable Care Act or any related law or regulation, the Union and the Employer will immediately meet to bargain over a solution that does not increase the total cost to the Employer. In the event of the Union failing to immediately meet or a solution a solution is not agreed to, any contributions that would be owed to the Health and Welfare Trust shall be held in escrow and a no strike provision shall apply.

Appears in 2 contracts

Samples: Labor Agreement, Labor Agreement

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Southern California Plastering Institute Inc. Group Benefit Trust. A. The Trust Agreement of the Southern California Plastering Institute Inc., as amended and modified, as a part hereof as though fully set forth herein. B. Effective August 13, 20182022, the Contractors covered by this Agreement, in addition to compliance with all other provisions contained herein, shall pay to the Southern California Plastering Institute Inc. Group Benefit, or its order, the sum of nine dollars and thirty-eight cents ($9.38) for each hour an Employee is to receive pay pursuant to the terms of this Agreement. C. The Southern California Plastering Institute Inc. may require payments to be made directly to it or may designate by written order an agent for deposit or collection. In the event no such agent or depository is named, said sums shall be paid to the Southern California Plastering Institute, Inc. for the benefit of the Southern California Plastering Institute Inc. D. Should the health insurance provisions (Group Benefit) contained in this Agreement and/or Health and Welfare Trust (Group Benefit) plan design cause the Employer to become subject to a penalty, fine or other assessable payment under the Patient Protection and Affordable Care Act or any related law or regulation, the Union and the Employer will immediately meet to bargain over a solution that does not increase the total cost to the Employer. In the event of the Union failing to immediately meet or a solution a solution is not agreed to, any contributions that would be owed to the Health and Welfare Trust shall be held in escrow and a no strike provision shall apply.

Appears in 1 contract

Samples: Labor Agreement

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