WAGE AND BENEFIT GUARANTEE CLAUSE. 36.01 The Union will advise the Employer within seventy-two (72) hours in writing of any delinquency. If the Employer fails to respond within seventy-two (72) hours of receipt of a notification exclusive of Saturday, Sunday and holidays the Union may require a l0% penalty of the amount of the late payment and/or withdraw its members from the Employer without contravening the terms of this Agreement. Should an Employer have been previously in default under the provisions of this clause the Union may require the following:
WAGE AND BENEFIT GUARANTEE CLAUSE. 35.01 The Union or the Administrator of the appropriate Benefit Plan will advise the Employer within seventy-two (72) hours in writing of any delinquency.