Union Fund definition
Examples of Union Fund in a sentence
There shall be no strikes, lockouts or stoppages of work during the period of this Agreement, provided however that the foregoing provisions shall not be applicable if the Company becomes delinquent in Pension, Welfare, Vacation, or any other Union Fund Plan or Committee payments, allotments, or earned wages.
The Credit Union Fund deduction shall clearly designate the Employee’s name and social security number in all reports submitted to the depository, providing however, the Employer pays on the same amount of hours reported in the monthly fringe benefits report and same is received by the bank.
The Employer will remit ten (10) cents per hour worked to the Education Union Fund.
The Company agrees to provide to interested full-time employees the Credit Union Deduction Plan, provided it is understood that such deduction shall be for the sole purpose of deposits into the Credit Union Fund.
Each electrical contractor employing workmen under the terms of this Agreement shall deposit Five Hundred Dollars ($500.00), free of interest, for a payroll and fringe benefits guarantee (including Credit Union Fund) up to Seventy-Five Thousand Dollars ($75,000.00) of payroll, but not over that amount, with the Trustees who shall function under a Trust Agreement to be agreed upon between the parties.
The Employer agrees that it will provide to interested full-time employees a Credit Union deduction plan, provided it is understood that such deductions shall be for the sole purpose of deposits into the Credit Union Fund.
For employees, Cement Masons and/or Plasterers, working under this Agreement, who are members of a Local Union that is not affiliated with the O.P.&C.M.I.A., the Employer shall direct all fringe benefit payments for the Health and Welfare, and Pension contributions to the employee’s Home Area Fund - and not to the Funds of Locals affiliated with signatory O.P.&C.M.I.A. Local 599 or 633 - at rates designated by the Pension and Health Funds for the Local Area Union Fund to which the employee belongs.
The parties recognize that during the term of this Agreement, the Sheet Metal Workers Local 20 Federal Credit Union (Fund Office) could acquire the capability to receive and process contribution reports and remittances electronically.
Each electrical contractor employing workmen under the terms of this Agreement shall deposit One Hundred Dollars ($100.00), free of interest, for a payroll and fringe benefits guarantee (including Credit Union Fund) up to Seventy-Five Thousand Dollars ($75,000.00) of payroll, but not over that amount, with the Trustees who shall function under a Trust Agreement to be agreed upon between the parties.
Each Electrical contractor employing workmen under the terms of this Agreement shall deposit One Hundred Dollars ($100.00), free of interest, for a payroll and fringe benefits guarantee (including Credit Union Fund if applicable) up to Fifty Thousand Dollars ($50,000.00) of payroll, but not over that amount, with the Trustees who shall function under a Trust Agreement to be agreed upon between the parties.