BENEFIT BOND. 27A.01 Before members of Local 1178 are dispatched, to any Employer who has not been a party to the Millwrights Collective Agreement for a minimum of twelve (12) months, such Employer shall provide security for a period of one (1) year in the amount of twenty thousand dollars ($20,000.00). This twenty thousand dollar ($20,000.00) security shall be used by the Union in the event of a default of payment by the said Employer of Welfare and/or Pension, Employers, Millwrights, Training, Health & Safety and Industry Improvement Fund contributions as set forth in the aforesaid Collective Agreement. The twenty thousand dollar ($20,000.00) security shall be returned by the Union to the Employer after thirty (30) days from the expiry of the one
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Samples: Millwright Agreement, Millwright Agreement, Millwright Agreement
