Common use of Supplemental Unemployment Benefit Plan Clause in Contracts

Supplemental Unemployment Benefit Plan. The Company shall pay an amount of money equal to two and one-half percent (2 1/2%) of the basic day rate of each employee covered by this Collective Agreement to the Graphic Communications Supplemental Unemployment Benefit Trust Fund of Canada, hereinafter referred to as the "Unemployment Fund", established under an Agreement and Declaration of Trust, administered by a Board of Trustees, composed of equal numbers of Employer and Union representatives, for the purpose of providing unemployment benefits for employees on whose behalf payments are made by the Company, and for financing the expenses, operation, and administration of the Unemployment Fund. The term "basic day rate" as used herein, shall mean the basic day rate of an employee in his classification, including vacations, holidays, and/or authorized leaves of absence, but excluding full weeks of layoff and absence due to sickness, or compensable injury, payment for overtime, premiums, shift differentials, or any period of labour dispute while the employees are not working. The parties agree that participation in, and coverage by, the Unemployment Fund may be extended to the employees of any other employer under contract with the Union, and to the full-time employees and officers of the International Union, or any of its Local Unions, and to the full-time employees and officers of any union entity or employer-union entity, provided that payments are made on behalf of such employees or officers, and to all others covered under the terms of the Agreement and Declaration of Trust.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Supplemental Unemployment Benefit Plan. The Company shall pay an amount of money equal to two and one-half percent (2 2-1/2%) of the basic day rate of each employee covered by this Collective Agreement to the Graphic Communications Supplemental Unemployment Benefit Trust Fund of Canada, hereinafter referred to as the "Unemployment Fund", established under an Agreement and Declaration of Trust, administered by a Board of Trustees, composed of equal numbers of Employer Employers and Union representatives, for the purpose of providing unemployment benefits for employees on whose behalf payments are made by the Company, Company and for financing the expenses, operation, and administration of the Unemployment Fund. The term "basic day rate" as used herein, shall mean the basic day rate of an employee in his his/her classification, including vacations, holidays, and/or authorized leaves of absence, but excluding full weeks of layoff and absence due to sickness, or compensable injury, payment for overtime, premiums, shift differentials, or any period of labour dispute while the employees are not working. The parties agree that participation in, and coverage by, the Unemployment Fund may be extended to the employees of any other employer under contract with the Union, and to the full-time employees and officers of the International Union, or any of its Local Unions, and to the full-time employees and officers of any union entity or employer-union Union entity, or Employer-Union entity provided that payments are made on behalf of such employees or officers, and to all others covered under the terms of the Agreement and Declaration of Trust.

Appears in 1 contract

Samples: Collective Agreement

Supplemental Unemployment Benefit Plan. The Company shall pay an amount of money equal to two and one-half (2½) percent (2 1/2%) of the basic day rate of each employee covered by this Collective Agreement agreement, to the Graphic Communications Supplemental Unemployment Benefit Trust Fund of Canada, hereinafter referred to as the "Unemployment Fund", established under an Agreement and Declaration of Trust, administered by a Board of Trustees, composed of equal numbers of Employer and Union representatives, representatives for the purpose of providing unemployment benefits for employees on whose behalf payments are made by the Company, and for financing the expenses, operation, expenses and operation and administration of the Unemployment Fund. The term "basic day rate" as used herein, shall mean the basic day rate of an employee in his classification, including vacations, holidays, plant holidays and/or authorized leaves of absence, absence but excluding full weeks of layoff and of absence due to sickness, sickness or compensable injury, payment for overtime, premiums, shift differentials, differentials or any period of labour dispute while the employees are not working. The parties agree that participation in, in and coverage by, by the Unemployment Fund may be extended to the employees of any other employer under contract with the Union, G.C.I.U. and to the full-time employees and officers of the International Union, or any of its Local Unions, and to the full-time employees and officers of any union Union entity or employer-union Employer- Union entity, provided that payments are made on behalf of such employees or officers, officers and to all others covered under the terms of the Agreement and Declaration of Trust.

Appears in 1 contract

Samples: Collective Agreement

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Supplemental Unemployment Benefit Plan. The Company shall pay an amount of money equal to two and one-half percent (2 2-1/2%) of the basic day rate of each employee covered by this Collective Agreement to the Graphic Communications Supplemental Unemployment Benefit Trust Fund of Canada, hereinafter referred to as the "Unemployment Fund", established under an Agreement and Declaration of Trust, administered by a Board of Trustees, composed of equal numbers of Employer Employers’ and Union representatives, for the purpose of providing unemployment benefits for employees on whose behalf payments are made by the Company, Company and for financing the expenses, operation, and administration of the Unemployment Fund. The term "basic day rate" as used herein, shall mean the basic day rate of an employee in his classification, including vacations, holidays, and/or authorized leaves of absence, but excluding full weeks of layoff and absence due to sickness, or compensable injury, payment for overtime, premiums, shift differentials, or any period of labour dispute while the employees are not working. The parties agree that participation in, and coverage by, the Unemployment Fund may be extended to the employees of any other employer under contract with the Union, and to the full-time employees and officers of the International Union, or any of its Local Unions, and to the full-time employees and officers of any union entity or employer-union Union entity, or Employer Union entity provided that payments are made on behalf of such employees or officers, and to all others covered under the terms of the Agreement and Declaration of Trust.

Appears in 1 contract

Samples: Collective Agreement

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