Common use of Trust Agreement and Bona Fide Employer Association Clause in Contracts

Trust Agreement and Bona Fide Employer Association. Contributing Employer has been offered the opportunity to review, via posting on the Plan’s website, a copy of the Agreement and Declaration of Trust (the “Trust Agreement”) establishing the Producers’ Health Benefit Plan (“the Plan”) and a copy of the Plan’s Audit, Delinquency and Collection Procedures, as amended. The Contributing Employer, as a member of the bona fide employer association that establishes and maintains the Plan and Plan of Benefits through the sponsorship of the Board of Trustees of the Plan, adopts and agrees to be bound by the Trust Agreement and the Plan’s Audit, Delinquency and Collection Procedures and all future amendments to such documents. The Contributing Employer ratifies the selection, designation and appointment of the Board of Trustees of the Plan and their successors. Amendments to the Trust Agreement or the Audit, Delinquency and Collection Procedures that increase the Contributing Employer’s obligations to the Plan will be posted on the Plan’s website and comments thereon may be submitted by Contributing Employers and, unless the Trustees decide to delay the effective date, the amendment(s) shall become effective on the thirtieth (30th) day after posting to the Plan’s website.

Trust Agreement and Bona Fide Employer Association. Contributing Employer has been offered the opportunity to review, via posting on the Plan’s website, a copy of the Agreement and Declaration of Trust (the “Trust Agreement”) establishing the Producers’ Health Benefit Plan (“the Plan”) and a copy of the Plan’s Audit, Delinquency Statement of Policy and Procedures for Collection of Contributions Payable by Employers (herein “Collection Procedures”), as amended. The Contributing Employer, as a member of the bona fide employer association that establishes and maintains the Plan and Plan of Benefits through the sponsorship of the Board of Trustees of the Plan, adopts and agrees to be bound by the Trust Agreement and the Plan’s Audit, Delinquency and Collection Procedures and all future amendments to such documents. The Contributing Employer ratifies the selection, designation and appointment of the Board of Trustees of the Plan and their successors. Amendments to the Trust Agreement or the Audit, Delinquency and Collection Procedures that increase the Contributing Employer’s obligations to the Plan will be posted on the Plan’s website and comments thereon may be submitted by Contributing Employers and, unless the Trustees decide to delay the effective date, the amendment(s) shall become effective on the thirtieth (30th) day after posting to the Plan’s website.