WORKING OWNERS. The employer owner(s) may work with their tools provided they report themselves as a full time Journeyman or CE 3 classification and pays all applicable fringe benefits under the appropriate agreement. Contributions must be paid on all hours worked under the terms and conditions of this Agreement.
WORKING OWNERS. The employer owner(s) may work with their tools provided they report themselves as a full time Journeyman or CE 3 classification and pays all applicable fringe benefits under the appropriate agreement. Contributions must be paid on all hours worked under the terms and conditions of this Agreement. SURETY BOND Each Employer shall furnish a surety bond, or cash equivalent line of credit, in the amount of $1,000.00 per CE and CW until a maximum of $12,000.00, to secure payment of all amounts due on account of payroll and fund deduction, contribution, and reporting obligations of the Employer required by this Agreement. The bond shall provide that it may not be terminated without forty-five (45) days’ prior written notice to the Southwest LMC, Inc. The Southwest LMC, Inc. shall have full power to determine the amount of money due, if any, and shall direct payments of delinquent wages from the Bond directly to the affected employees and direct payments of delinquent fund contributions from the Bond directly to the Trustees of the affected funds or to their designated agents. An Employer who wishes to perform work under the terms of multiple 4th District Regional Agreements may bond at the rate of $20,000.00 at their home region. The bond may be written to cover all regions. By doing so, the Employer may perform work in all four (4) regions. REFERRAL
WORKING OWNERS. No more than one (1) owner, proprietor or partner of an Individual Employer may work with the tools of the trade. Any contractor who works with the tools must abide by all the provisions of this Agreement as applied to any Union Employee and Employer.
WORKING OWNERS. Notwithstanding paragraph a. above, the working owner of a trade or business (in the form of a corporation, limited liability company, limited partnership or other legal entity) that is an AICP Member referred to in paragraph a. without common law staff employees may qualify as covered employee (provided that the working owner, while working for such trade or business, is not covered by a collective bargaining agreement) and shall be covered for staff coverage (i.e. staff coverage is mandatory for a working owner as a Contributing Employer) and such working owner’s trade or business may qualify as a Contributing Employer. If the working owner also works on Covered Productions in a Covered Category for his/her trade or business as a Contributing Employer, then freelance contributions under paragraph 7 (a) shall be made, in addition to staff coverage contributions, by the trade or business as the Contributing Employer: Provided, however, that the individual meets on an annual basis the requirements applicable to worker owners as set forth in U.S. Department of Labor regulations, 29 Code of Federal Regulations Section 2510 (e) as limited by 29 Code of Federal Regulations Section 2510 (b) (6) (ii): And further provided, that the trade or business meets the eligibility requirements applicable to employers (other than the requirement of having common law employees) as set forth in the AICP Bylaws and the Trust Agreement. The undersigned Contributing Employer, where claiming to be a Working Owner, warrants and represents to the Plan that he/she meets all the terms and conditions set forth in the aforementioned Department of Labor regulations, and as amended, and will continue to meet such terms and conditions for the entire period covered by the term of this Participation Agreement and shall promptly provide the Plan with such documents and information as it reasonably requests to effectively verify compliance including but not limited to financial reports and information certified by an independent auditor. Without limiting any other remedy that the Plan has, if the putative working owner breaches its contractual warranty and representation in this paragraph, the Plan in its sole discretion may elect to repay all contributions received from the putative working owner and the putative working owner shall be liable for and shall pay to the Plan’s insurance carrier or to the Plan as the Plan directs the value of the medical costs that have been included in the Plan...
WORKING OWNERS. No more than one (1) owner, proprietor or partner of an Individual Employer may work with the tools of the trade. Any contractor who works with the tools must abide by all the provisions of this Agreement as applied to any Union Employee and Employer. No more than one (1) owner, proprietor, or partner of an Individual Employer may work with the tools of the trade. A sole proprietor or up to one
(1) partner who works with the tools of the trade need not pay any fringe benefit contributions which would otherwise be payable under this Agreement for his or her own hours of work, however, at his or her option, the sole proprietor or partner may pay the entire package of all such fringe benefit contributions, or may pay the entire package of all such fringe benefit contributions except pension contributions. Any additional partners who work with the tools of the trade shall pay all fringe benefit contributions which would otherwise be payable under this Agreement for their own hours of work. (Such sole proprietors and partners must, however, pay all fringe benefit contributions required under this Agreement for all hours worked by their employees.) Employees of corporations who are also officers or shareholders of said corporation who work with the tools of the trade shall pay all fringe benefits on themselves as would be applicable to regular employees under this Agreement. Notwithstanding anything to the contrary in this Paragraph, sole proprietors and partners may use for no more than three (3) years the option to pay less than the entire package of fringe benefit contributions for their own hours of work.
