EMPLOYEE FUND. The District and Union agree to establish an employee fund administered by the Executive Director to receive proceeds of vending services, coffee fund receipts, etc. Disbursement will be made by the Director with the recommendation of the Local 66 WLSSD unit chairperson.
EMPLOYEE FUND. Promptly following the Effective Time, the Company, as previously requested by Xxxxxxx X. Xxxxxxxxx, will establish, with a $250,000 initial contribution by the Company, a fund for the benefit of employees of the Company and its subsidiaries who are in need, which fund will be managed by a board of employees initially selected by the Company who will have sole discretion over the distribution of grants by such fund to employees of the Company who apply for grants therefrom.
EMPLOYEE FUND. Promptly following the Effective Time, the Company, as previously requested by Gregory D. Brenneman, will establish, with a $250,000 initial contributxxx xx xxx Xxxxxxx, a fund for the benefit of employees of the Company and its subsidiaries who are in need, which fund will be managed by a board of employees initially selected by the Company who will have sole discretion over the distribution of grants by such fund to employees of the Company who apply for grants therefrom.
EMPLOYEE FUND. After the Closing, RTI and the Company will establish an employee plan and RTI shall contribute thereto 24,000 shares of RTI Common Stock. The terms and conditions of such fund will be established jointly by the Company and the Shareholders in good faith.
EMPLOYEE FUND. 16 Section 2.10. Issuance of Shares to TW................................16
EMPLOYEE FUND. Effective following the date of ratification, the Company agrees it will cease deducting from bargaining unit employees for the Employee Fund.
