Common use of Administration of the Plan Clause in Contracts

Administration of the Plan. a. The Plan will be administered by the Company in accordance with its terms and the costs of administration shall be the responsibility of the Company. Upon determination of each Quarterly Profit calculation, such calculation shall be forwarded to the Chair of the Union Negotiating Committee accompanied by a Certificate of Officer signed by the Chief Financial Officer of the Company, providing a detailed description of any adjustments made to Earnings Before Income and Taxes and stating that Profit was determined in accordance with GAAP and that Quarterly Profit was calculated in accordance with this Section.

Appears in 19 contracts

Samples: Agreement, Agreement, Agreement

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Administration of the Plan. a. The Plan will be administered by the Company in accordance with its terms and the costs of administration shall be the responsibility of the Company. Upon determination of each Quarterly Profit calculation, such calculation shall be forwarded to the Chair of the Union Negotiating Committee accompanied by a Certificate of Officer signed by the Chief Financial Officer of the Company, providing a detailed reconciliation between the consolidated statement of operations as reported and the calculations and adjustment made to Income from Operations in accordance with this Section, including a detailed description of any such adjustments made to Earnings Before Income and Taxes and stating that Profit was determined in accordance with GAAP or any successor reporting requirements and that Quarterly Profit was calculated in accordance with this Section.

Appears in 5 contracts

Samples: Agreement, Agreement (United States Steel Corp), Agreement

Administration of the Plan. a. a) The Plan will be administered by the Company in accordance with its terms and the costs of administration shall be the responsibility of the Company. Upon determination of each Quarterly Profit quarterly profit calculation, such calculation shall be forwarded to the Chair of the Union Negotiating Committee accompanied by a Certificate of Officer signed by the Chief Financial Officer of the Company, providing a detailed description of any adjustments made to Earnings Before Income Interest and Taxes and stating that Profit was determined in accordance with GAAP and that Quarterly Profit quarterly profit was calculated in accordance with this Section.

Appears in 2 contracts

Samples: Basic Agreement, Basic Agreement

Administration of the Plan. a. A. The Plan will be administered by the Company in accordance with its terms and the costs of administration shall be the responsibility of the Company. Upon determination of each Quarterly Profit calculation, such calculation shall be forwarded to the Chair of the Union Negotiating Committee accompanied by a Certificate of Officer signed by the Chief Financial Officer of the Company, providing a detailed description of any adjustments made to Earnings Before Income and Taxes and stating that Profit EBT was determined in accordance with GAAP and that Quarterly Profit was calculated in accordance with this SectionArticle.

Appears in 1 contract

Samples: Agreement (PAV Republic, Inc.)

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Administration of the Plan. a. The Plan will be administered by the Company in accordance with its terms and the costs of administration shall be the responsibility of the Company. Upon determination of each Quarterly Profit calculation, such calculation shall be forwarded to the Chair of the Union Negotiating Committee accompanied by a Certificate of Officer signed by the Chief Financial Officer of the Company, providing a detailed description of any adjustments made to Earnings Before Income and Taxes from Operations and stating that Profit was determined in accordance with GAAP and that Quarterly Profit was calculated in accordance with this Section.

Appears in 1 contract

Samples: Agreement

Administration of the Plan. a. The Plan will be administered by the Company in accordance with its terms and the costs of administration shall be the responsibility of the Company. Upon determination of each Quarterly Profit calculation, such calculation shall be forwarded to the Chair of the Union Negotiating Committee accompanied by a Certificate of Officer signed by the Chief Financial Officer of the Company, providing a detailed description of any adjustments made to Earnings Before Operating Income and Taxes and stating that Profit Operating Income was determined in accordance with GAAP and that Quarterly Profit was calculated in accordance with this Section.

Appears in 1 contract

Samples: Collective Bargaining Agreement (Oregon Steel Mills Inc)

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