Stabilization Fund Sample Clauses

Stabilization Fund. This fund is Employer funded by $0.60 per hour and Employee funded by $0.80 per hour. VACATION PAY - METHOD OF PAYMENT: Such payment shall include pay for vacation and holidays on a quarterly basis on the nearest pay day to March 31, June 30, September 30 and December 15, and at termination. APPENDIX “C” LOCAL 47 - OTTAWA, ONTARIO Mat. Roofing - A p p r e n t i c e s - July 1, 2016 Xxxxxxx Journeyman Hand.† Asst. 3rd yr. 2nd yr. 1st yr.
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Stabilization Fund. This fund is Employer funded by $0.60 per hour and Employee funded by $0.80 per hour. VACATION PAY - METHOD OF PAYMENT: Such payment shall include pay for vacation and holidays on a quarterly basis on the nearest pay day to APPENDIX “C” LOCAL 47 - OTTAWA, ONTARIO Mat. Roofing - A p p r e n t i c e s - May 1, 2017 Xxxxxxx Journeyman Hand.† Asst. 3rd yr. 2nd yr. 1st yr.
Stabilization Fund. This fund is Employer funded by $0.60 per hour and Employee funded by $0.80 per hour. VACATION PAY - METHOD OF PAYMENT: Such payment shall include pay for vacation and holidays on a quarterly basis on the nearest pay day to RED CIRCLE - Workers who are red circled guarantee that if they are presently making more than the chart allows for, they will be held at their present rate until such time as their hours catch up to their category on the chart, and then they will follow the regular progression. July 1, 2016 Hours Basic Rate Vac. Pay OSM UDPF H & W Pension UDPF Training Stab. Sub- Total OIRCA Total RED CIRCLE - Workers who are red circled guarantee that if they are presently making more than the chart allows for, they will be held at their present rate until such time as their hours catch up to their category on the chart, and then they will follow the regular progression. STABILIZATION FUND - Employer funded by $0.60 per hour and Employee funded by $0.80 per hour. RED CIRCLE - Workers who are red circled guarantee that if they are presently making more than the chart allows for, they will be held at their present rate until such time as their hours catch up to their category on the chart, and then they will follow the regular progression. RED CIRCLE - Workers who are red circled guarantee that if they are presently making more than the chart allows for, they will be held at their present rate until such time as their hours catch up to their category on the chart, and then they will follow the regular progression. STABILIZATION FUND - Employer funded by $0.60 per hour and Employee funded by $0.80 per hour. APPENDIX “D” LOCAL 235 - WINDSOR, ONTARIO HOURS OF WORK:
Stabilization Fund. The Regional District School Committee may, consistent with the terms and conditions of G.L. chapter 71, section 16G½, establish and maintain a stabilization fund.
Stabilization Fund. All Employers bound by this agreement agree to pay into operative Sheet Metal Workers' Union Stabilization Funds in Locals 562, 473 and 235 (Sarnia) established or recognized in the locality by Employers under agreement with the Union for construction work of a related nature. The Employers will contribute the amounts specified in the wage schedules, attached hereto, for every hour worked by each of their employees within the jurisdictions of Locals 562, 473 and 235 (Sarnia).
Stabilization Fund. The Local Trade Association and the Local Union have agreed to establish a Stabilization Trust Fund in accordance with the terms of a Memorandum of Agreement providing for the establishment of a Stabilization Trust Fund dated July 8, 1987, that has been negotiated between the Association and the Union. The Stabilization Trust Fund is funded in such manner and amounts as agreed upon by the Local Union and the Local Trade Association.
Stabilization Fund. For the duration of the tuition agreement in Section 3.C above, the New Newry SAU shall annually contribute a Stabilization Fund to SAD 44 with the goal of enhancing the quality of education in SAD 44 for the benefit of regional education . Formatted: Indent: First line: 0.5" Through the Stabilization Fund, the New Newry SAU will provide matching funds to SAD 44 as an incentive for the municipalities in SAD 44 to increase their locally raised contribution to the costs of education. Newry’s matching amount will be based on the amount of additional funds that each SAD 44 municipality annually raises for the costs of education in SAD 44, on a per pupil basis, over and above the rate of inflation as determined by the annual percentage increase in the CPI-U. The annual per pupil matching amount for each SAD 44 municipality shall be up to 10% of the per pupil amount that the municipality contributed to the SAD 44 budget in the year prior to the Effective Date. The goal of the Stabilization Fund is to bring each SAD 44 municipality’s per pupil contribution to the SAD 44 budget up to the current average municipal per pupil contribution (currently $13,035), as adjusted for inflation. As further incentive to SAD 44 municipalities to increase their per pupil contributions to the SAD 44 budget, the New Newry SAU’s per pupil contribution to the Stabilization Fund will be seven times the matching amount in the first year after the Effective Date, six times the matching amount in the second year after the Effective Date, five times the matching amount in the third year after the Effective Date, four times the matching amount in the fourth year after the Effective Date, three times the matching amount in the fifth and sixth years after the Effective Date, two times the matching amount in the seventh and eighth year after the Effective Date, and one time the matching amount in the ninth and tenth year after the Effective Date. For each fiscal year of the tuition agreement, the Stabilization Fund shall be 100% of the amount equal to (Property Fiscal Capacity of Newry divided by (Property Fiscal Capacity of SAD 44 + Property Fiscal Capacity of Newry)) multiplied by (the amount of the total SAD 44 school budget that must be raised by local taxes minus amounts paid by the New Newry SAU for (i) tuition paid to SAD 44 under the tuition agreement in Section 3 above, (ii) costs of special education for Newry students at SAD 44 schools under the tuition agreement in Section 3 above...
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Stabilization Fund. The Company will contribute a lump sum amount into the CCWIPP Stabilization Fund for a period of two (2) years.
Stabilization Fund. The Employer shall remit one ($1.00) dollar per person hour worked for each employee covered under this Agreement to the Stabilization Fund. Payment shall be made no later than fifteen (15) days after the termination of the calendar month to the Administrator of the Fund accompanied by a statement of the hours worked during that calendar month. Employers who are delinquent for forty-five (45) calendar days or more will be assessed a penalty payment of fifteen (15%) percent for all hours owing. This penalty payment will be payable to the Fund. This Fund will be jointly administered under the attached Stabilization Agreement and Declaration of Trust.
Stabilization Fund. The For the duration of the tuition agreement in Section 3.C above, the New Newry SAU shall annually contribute to a Stabilization Fund to SAD 44 for the benefit of SAD 44 from FY 2016-2017 through FY 2019-2020regional education . In the firstFor each fiscal year after withdrawal, FY 2016-2017, Newry’s contribution to of the tuition agreement, the Stabilization Fund shall be 80100% of the amount that equal to (Property Fiscal Capacity of Newry contributed to the divided by (Property Fiscal Capacity of SAD 44 + Property Fiscal Capacity of Newry)) multiplied by (the amount of the total SAD 44 school budget in the year prior to the Effective Date, less anythat must be raised by local taxes minus amounts that Newry incurs for operation ofpaid by the New Newry SAU. In the second year after withdrawal, FY 2017-2018, Newry’s contribution to the Stabilization Fund shall be 60% of for (i) tuition paid to SAD 44 under the amount that tuition agreement in Section 3 above, (ii) costs of special education for Newry contributed tostudents at SAD 44 schools under the SAD 44 budget in the year prior to the Effective Date, less any amounts thattuition agreement in Section 3 above, and (iii) other costs paid by Newry incursto SAD 44 for operation of the Neweducating Newry SAU. In the third year after withdrawal, FY 2018-2019, Newry’s contribution to the Stabilization Fund shall be 40% of the amount that Newry contributed to the SAD 44 budget in the year prior to the Effective Date, less any amounts that Newry incurs for operation of the New Newry SAU. In the fourth year after withdrawal, FY 2019-2020, Newry’s contribution to the Stabilization Fund shall be 20% of the amount that Newry contributed to the SAD 44 budgetstudents at SAD 44 schools under the tuition agreement in the year prior to the Effective Date, less any amounts that Newry incurs for operation of the New Newry SAU.Section 3 above).
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