Common use of Economic Action Clause in Contracts

Economic Action. In the event that the Union receives written notice from one or more of the trustees or any authorized agent or representative of the trustees that an employer has failed to pay in full any sum due the particular trusts under Sections 1 and 2 and that such failure has continued for fifteen (15) days, the Union may, after at least one (1) week’s notice in writing to employer’s main office, with a copy to The Builders’ Association, direct the employees of such employer to discontinue or refuse to work for such employer until all sums due from that employer under Sections 1 and 2 above have been paid in full. When the Union directs an employer’s employees to discontinue or refuse to work because the employer has failed to make timely fringe benefit contributions, the employer shall pay such employees for the remainder of the workday upon which they discontinued or refused to work. The remedy provided for in this sub-paragraph shall be in addition to all other remedies available to the Union and to the trustees and may be exercised by the Union, anything in this collective bargaining Agreement to the contrary notwithstanding.

Economic Action. In the event that the Union receives written notice from one or more of the trustees or any authorized agent or representative of the trustees that an employer has failed to pay in full any sum due the particular trusts under Sections 1 and 2 and that such failure has continued for fifteen (151'5) days, the Union may, after at least one (1) week’s 's notice in writing to employer’s 's main office, with a copy to The Builders’ ' Association, direct the employees of such employer to discontinue or refuse to work for such employer until all sums due from that employer under Sections 1 and 2 above have been paid in full. When the Union directs an employer’s 's employees to discontinue or refuse to work because the employer has failed to make timely fringe benefit contributions, the employer shall pay such employees for the remainder of the workday upon which they discontinued or refused refu.sed to work. The remedy provided for in this sub-paragraph shall be in addition to all other remedies available to the Union and to the trustees and may be exercised by the Union, anything in this collective bargaining Agreement to the contrary notwithstanding.