Charitable Foundation. The Employer agrees to pay the sum of $2.00 for each regular employee (covered by this agreement) per month to a trust fund set up and established for religious, charitable and educational purposes as the same may be defined in Section 501 (c) (3) of the Internal Revenue C o d e or any amendment thereto. Said trust fund is to be known as the “ Teamsters’ Local 688 Foundation.” The Employer shall not be responsible for the contributions or other obligations of any other E m p l o y e r . The Employer agrees that its execution of this agreement shall constitute execution also of the Agree ment and Declaration of Trust which is attached hereto and marked Exhibit “ C” and is hereby incorporated by reference as though fully set out: the Employer further agrees to execute such other and additional copies of said Agreement and Declaration of Trust as the Trustees shall request for their records.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement