Common use of Vacation Savings Plan Clause in Contracts

Vacation Savings Plan. During the term of this agreement and any extensions or renewals thereof, the employer shall make payments to the Cement Masons’ and Plasterers’ Joint Vacation Trust Fund in the amount designated in Appendix A of this agreement. An agreement and declaration of trust establishing such trust fund has been executed by the parties and all employers accept the trustees appointed by the associations as their trustees. All employers further agree to remit their contributions at the time and in the manner prescribed by the board of trustees.

Vacation Savings Plan. During the term of this agreement and any extensions or renewals thereof, the employer Employer shall make payments to the Cement Masons’ and Plasterers’ Joint Vacation Trust Fund in the amount designated in Appendix A of this agreement. An agreement and declaration of trust establishing such trust fund has been executed by the parties and all employers Employers accept the trustees appointed by the associations as their trustees. All employers Employers further agree to remit their contributions at the time and in the manner prescribed by the board of trustees.