Commencing June 30, 2016 Sample Clauses

Commencing June 30, 2016 each Eligible Employee shall contribute for each pay period an amount equal to 3% of Applicable Wages to the Plan. The Employer shall contribute on behalf of each Eligible Employee for each pay period, an amount equal to 3% of Applicable Wages to the Plan. Commencing April 1, 2019 each Eligible Employee shall contribute for each pay period an amount equal to 4% of Applicable Wages to the Plan. The Employer shall contribute on behalf of each Eligible Employee for each pay period, an amount equal to 4% of Applicable Wages to the Plan.