Crummy Clause Samples

A Crummey clause is a provision commonly included in trust agreements to grant beneficiaries a temporary right to withdraw contributions made to the trust. In practice, when a contribution is made, beneficiaries are notified and given a limited window—often 30 days—to withdraw the contributed amount, after which the right lapses and the funds remain in the trust. This mechanism allows the contribution to qualify as a present interest gift, making it eligible for the annual gift tax exclusion, thereby enabling the trust creator to minimize gift taxes while still maintaining long-term control over the assets.
Crummy. When a company vehicle is used to transport workers to and from jobs, it shall meet Transport Canada Safety Standards and comply with The Occupational Health and Safety Regulations. The passenger compartment shall be enclosed, heated, with proper ventilation and fixed seats. There shall be no construction equipment or supplies placed in the passenger compartment while employees are being transported. When the majority of workers transported are members of this Union, the driver must be a member of this Union. If a member of this Union is required to drive this vehicle, his/her travel time shall be computed from the first kilometre, seventy-one cents ($0.71) per kilometre. The Crummy driver shall also receive a payment equivalent to twenty km. (20 km) upon submission of a properly completed daily Vehicle Pre-Trip Inspection to the Employer in accordance with OHS Regulations17.2.1(1) and 17.2(c).
Crummy. When a company vehicle is used to transport workers to and from jobs, it shall meet B.C. Vehicle Safety Standards and comply with Workers' Compensation Board Regulations. The passenger compartment shall be enclosed, heated, with proper ventilation and fixed seats. There shall be no construction equipment or supplies placed in the passenger compartment while employees are being transported. When the majority of workers transported are members of this Union, the driver must be a member of this Union. If a member of this Union is required to drive this vehicle, his/her travel time shall be computed from the first kilometre, seventy-one cents ($0.71) per kilometre.
Crummy. When a crummy is used to transport divers to and from jobs, it shall meet B.C. Vehicle Safety Standards and comply with Workers' Compensation Board Regulations. The passenger compartment shall be enclosed, heated, with proper ventilation and fixed seats. There shall be no construction equipment or supplies placed in the passenger compartment while divers are being transported. When the majority of divers transported are members of this Union, the driver must be a member of this Union. If a member of this Union is required to drive this vehicle, his/her travel time shall be computed from the first kilometre, seventy-one cents (71¢) per kilometre commencing May 1, 1997.
Crummy. When a company vehicle is used to transport workers to and from jobs, it shall meet Transport Canada Safety Standards and comply with The Occupational Health and Safety Regulations. The passenger compartment shall be enclosed, heated, with proper ventilation and fixed seats. There shall be no construction equipment or supplies placed in the passenger compartment while employees are being transpo1ied. When majority of r;...