Common use of Work Preservation Fund Clause in Contracts

Work Preservation Fund. 1. There has been created a separate and independent entity, the Work Preservation Fund organized pursuant to the laws of the State of California, as a non-profit California Corporation. The purposes for which this corporation is formed are to expand the work and job available to signatory Employers and employees, and to advance and preserve the industry by promoting high standards and fair competition. These purposes are consistent with those established under the authority of the Labor Management Cooperation Act of 1978, USC Section 175(a) and 29 USC Section 186(c)(9). 2. The affairs of the Work Preservation Fund are governed by a Board of Directors comprised of equal members representing labor and management, plus one (1) neutral member, elected by a majority vote of the Board of Directors. 3. The Employer shall be obligated to pay for the Work Preservation Fund six cents ($0.06) on each employee covered under this Agreement for each hour worked. A full hour contribution shall be paid on any portion of an hour worked. Pursuant to and under the terms of this Agreement, the Trust Fund’s administrator shall collect such contributions for the Work Preservation Fund and shall thereafter each month forward said monies to the Work Preservation Fund. 4. Appropriate records shall be kept and maintained by both the Trust Fund’s administrator and the Work Preservation Fund as to the collection, transmittal and amounts of funds collected on forms to be provided exclusively by the Trust Fund’s administrator. The parties agree that the contributions shall be transmitted to the current administrator. 5. The contribution rate shall be set forth in Wage Schedule A and shall be paid on all hours worked.

Work Preservation Fund. 1. There has been created a separate and independent entity, the Painting and Drywall Work Preservation Fund organized pursuant to the laws of the State of California, as a non-profit California Corporation. The purposes for which this corporation is formed are to expand the work and job available to signatory Employers and employees, and to advance and preserve the industry by promoting high standards and fair competition. These purposes are consistent with those established under the authority of the Labor Management Cooperation Act of 1978, USC Section 175(a) and 29 USC Section 186(c)(9). 2. The affairs of the Work Preservation Fund are governed by a Board of Directors comprised of equal members representing labor and management, plus one (1) neutral member, elected by a majority vote of the Board of Directors. 3. The Employer shall be obligated to pay for the Work Preservation Fund six cents ($0.06) on each employee covered under this Agreement for each hour worked. A full hour contribution shall be paid on any portion of an hour worked. Pursuant to and under the terms of this Agreement, the Floor Covering Associations Trust Fund’s administrator Funds shall collect such contributions for the Work Preservation Fund and shall thereafter each month forward said monies to the Work Preservation Fund. 4. Appropriate records shall be kept and maintained by both the Floor Covering Associations and the Trust Fund’s administrator Funds and the Work Preservation Fund as to the collection, transmittal and amounts of funds collected on forms to be provided exclusively by the Floor Covering Associations Trust Fund’s administratorFunds. The parties agree that the contributions shall be transmitted to the current administrator. 5. The contribution rate shall be set forth in Wage Schedule A and shall be paid on all hours worked.

Work Preservation Fund. 1. There has been created a separate and independent entity, the Painting and Drywall Work Preservation Fund organized pursuant to the laws of the State of California, as a non-non- profit California Corporation. The purposes for which this corporation is formed are to expand the work and job available to signatory Employers and employees, and to advance and preserve the industry by promoting high standards and fair competition. These purposes are consistent with those established under the authority of the Labor Management Cooperation Act of 1978, USC Section 175(a175 (a) and 29 USC Section 186(c)(9186 (c) (9). 2. The affairs of the Work Preservation Fund are governed by a Board of Directors comprised of equal members representing labor and management, plus one (1) neutral member, elected by a majority vote of the Board of Directors. 3. The Employer shall be obligated to pay for the Work work Preservation Fund fund six cents ($0.06) on each employee covered under this Agreement for each hour worked. A full hour contribution shall be paid on any portion of an hour worked. Pursuant to and under the terms of this Agreement, the Floor Covering Associations Trust Fund’s administrator Funds shall collect such contributions for the Work work Preservation Fund and shall thereafter each month forward said monies to the Work Preservation Fund. 4. Appropriate records shall be kept and maintained by both the Floor Covering Associations and the Trust Fund’s administrator Funds and the Work Preservation Fund as to the collection, transmittal and amounts of funds collected on forms to be provided exclusively by the Floor Covering Association Trust Fund’s administratorFunds. The parties agree that the contributions shall be transmitted to the current administrator. 5. The contribution rate shall be set forth in Wage Schedule A and shall be paid on all hours workedworked and/or paid.

Work Preservation Fund. 1. There has been created a separate and independent entity, the Work Preservation Fund organized pursuant to the laws of the State of California, as a non-profit California Corporation. The purposes for which this corporation is formed are to expand the work and job available to signatory Employers and employees, and to advance and preserve the industry by promoting high standards and fair competition. These purposes are consistent with those established under the authority of the Labor Management Cooperation Act of 1978, USC Section 175(a) and 29 USC Section 186(c)(9). 2. The affairs of the Work Preservation Fund are governed by a Board of Directors comprised of equal members representing labor and management, plus one (1) neutral member, elected by a majority vote of the Board of Directors. 3. The Employer shall be obligated to pay for the Work Preservation Fund six cents ($0.06) on each employee covered under this Agreement for each hour worked. A full hour contribution shall be paid on any portion of an hour worked. Pursuant to and under the terms of this Agreement, the Trust Fund’s administrator shall collect such contributions for the Work Preservation Fund and shall thereafter each month forward said monies to the Work Preservation Fund. 4. Appropriate records shall be kept and maintained by both the Trust Fund’s administrator and the Work Preservation Fund as to the collection, transmittal and amounts of funds collected on forms to be provided exclusively by the Trust Fund’s administrator. The parties agree that the contributions shall be transmitted to the current administrator. 5. The contribution rate shall be set forth in Wage Schedule A and shall be paid on all hours workedworked and/or paid.