Common use of Tool Allowance Clause in Contracts

Tool Allowance. Consistent with this Article, the Employer will provide quarterly payments to eligible employees to be used for the replacement of tools. Employees must provide receipts for the full amount of the tool allowance. Failure to present receipts equal to or greater than the tool allowance will result in tax consequences and consideration of the tool allowance as income. The schedule for the annual tool allowance will be as follows: Bargaining Unit Occupational Class Amount Amount Mechanic Autobody Repairer Mechanic Leader Welder* $785 Apprentice Mechanic $665 Mechanic Helper *NOTE: Welder must maintain tools at Mechanic level and will be called upon, as an assignment of work, to perform Mechanic work from time to time.

Tool Allowance. Consistent with this Article, the Employer will provide quarterly payments to eligible employees to be used for the replacement of tools. Employees must provide receipts for the full amount of the tool allowance. Failure to present receipts equal to or greater than the tool allowance will result in tax consequences and consideration of the tool allowance as income. The schedule for the annual tool allowance will be as follows: Bargaining Unit Occupational Class Amount Amount Mechanic Autobody Repairer Mechanic Leader Welder* $785 675 Apprentice Mechanic $665 575 Mechanic Helper $475 *NOTE: Welder must maintain tools at Mechanic level and will be called upon, as an assignment of work, to perform Mechanic work from time to time.

Tool Allowance. Consistent with this Article, the Employer will provide quarterly payments to eligible employees to be used for the replacement of tools. Employees must provide receipts for the full amount of the tool allowance. Failure to present receipts equal to or greater than the tool allowance will result in tax consequences and consideration of the tool allowance as income. The schedule for the annual tool allowance will be as follows: Bargaining Unit Occupational Class Amount Amount Mechanic Autobody Repairer Mechanic Leader Welder* $785 Apprentice Mechanic $665 Mechanic Helper $550 *NOTE: Welder must maintain tools at Mechanic level and will be called upon, as an assignment of work, to perform Mechanic work from time to time.