Management Trustees Sample Clauses
The 'Management Trustees' clause defines the role and responsibilities of individuals or entities appointed to oversee the management and administration of a trust. Typically, this clause outlines the powers granted to the management trustees, such as making investment decisions, distributing trust assets, or handling day-to-day operations. By clearly specifying who the management trustees are and what authority they hold, this clause ensures effective governance of the trust and helps prevent disputes or confusion regarding trust administration.
Management Trustees. The Trustees shall be assisted by a consultant and/or an administrator selected upon mutual agreement of the Trustees.
Management Trustees. With unanimous approval of the LMCC the Union may assign a ▇▇▇▇▇▇▇ to a company at large. (ref. Article IX) Journeyperson and apprentice sheet metal workers covered by this Agreement shall provide for themselves: Pipe Crimpers Slotted Screwdriver Chalk Line Scratch Awl ▇▇▇▇▇▇▇▇ Head Screwdriver Drift Pin ▇▇▇▇▇▇▇ ▇▇▇▇ Punch w/Dies Hand Seamer-Folders Pry Bar (Wonder Bar type) or Claw Hammer “Bull” Snips Dividers – 10” Channel Locks Right Cut Snips Vice Grips Panduit Gun Left Cut Snips ▇▇▇▇▇ Wrench Set 6” Circumference Tape 25’ Rule Cold Chisel Tool Container Combination Square Crescent Wrench Center Punch Torpedo Level Side Cutter for Wire 12” Drive ▇▇▇▇▇▇ ▇▇▇▇▇▇’▇ Hammer Pop Riveter – 1/8” Dolly Utility Knife Plumb ▇▇▇ ▇▇▇▇▇▇▇ Service technicians, journeyperson and service apprentices covered by this Agreement shall provide for themselves the following tools: Scratch Awl ▇▇▇▇▇▇▇▇ Head Screwdriver Refrigeration Wrench Channel Locks ▇▇▇▇▇ Wrench Set Crescent Wrench Right Cut Snips Nut Drivers 3/16”,1/4”, 5/16”, 3/8”, 11/32”,7/16”,1/2” Valve Core Removal Tool Left Cut Snips Wire Stripper/Crimper Needle Nose Pliers 25’ Tape Lineman’s Pliers Fuse Pullers Torpedo Level Hacksaw Frame Thermostat Screwdriver Slotted Screwdriver Tool Container Razor Knife Side Cutters (ref. Article VIII Section 1 & Article XI Section 6) This Agreement includes wage increases for the next year of the following: Effective dates 09/01/2020 – $2.67 wage and benefit increase. Base Wage ** $50.33 Local Pension $7.84 Supp. Retirement Savings Fund $9.75 National Pension $0.87 Health & Welfare $11.00 Local $1.11 National $0.18 Education Fund $1.29 LMCC $1.06 SMACNA G.C. $0.40 Industry Fund $1.46 SASMI $2.39 Base Wage ** $48.35 Local Pension $0.00 Supp. Retirement Savings Fund $9.75 National Pension $10.69 Health & Welfare $11.00 Local $1.11 National $0.18 Education Fund $1.29 LMCC $1.06 SMACNA G.C. $0.40 Industry Fund $1.46 SASMI $2.39 The following classifications shall be paid over scale based on the listed percentage times the current journeyperson Base Rate. ▇▇▇▇▇▇▇ Rate of Pay: 5%, General ▇▇▇▇▇▇▇ Rate of Pay: 8%, Superintendent Rate of Pay: 9% **This allocation includes a $0.50 per hour deduction for Organization Fund; a $0.31 per hour deduction for the Defense Fund, and a $0.19 per hour deduction for IA Working Assessment, for a total deduction of $1.00 plus 2.25% LU Working Assessment is applied to gross wages for hours worked and then remitted to SMART
Management Trustees. The Company agrees to be bound by the terms of the Trust Agreement. • The Company is required to report on the forms provided by the Trust Office. • Contributions must be forwarded by the Company to the Trust Fund Office by the fifteenth (15th) day of the month following that which contributions were accrued. • In the event the Company fails to remit contributions to this Plan, in conformity with this section of the Collective Agreement, the Union is free to take any action it deems necessary against such Company, and such action shall not be considered violation of this Collective Agreement. • The Business Representative of the Union may inspect, during business hours the Company’s record of time worked by employees and contributions made to the Trust Fund. • The Operating Engineers Local 955 Trust Funds Auditor shall be permitted to inspect and audit the Company’s record of time worked by employees and contributions made to the Trust Funds and shall be allowed the time necessary to complete the audit. The Auditor shall notify the Company of his/her intentions to audit and make the necessary arrangements for the time and place. • Payments to Operating Engineers Local 955 Trust Funds shall be payable by cheque; delivered or mailed to their office at, ▇▇▇▇▇ – ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇, ▇▇▇ ▇▇▇
Management Trustees. The Trustees shall be assisted by a consultant and/or an administrator selected upon mutual agreement by the trustees. The compulsory retirement age under the plan shall be at age Retirement prior to this age permissible in accordance with other sections of the plan. Payments will be made on behalf of an employee who is off on Workers' Compensation, provided that the employee is not more than three (3) months in arrears in paying his portion. Should, Employees off on & A. will have their premiums paid for a twelve (12) week period subject to the conditions in above.
Management Trustees. The Trustees shall be assisted by a consultant and/or an administrator selected upon mutual agreement of the Trustees.
(1) Should the reserve fund fall to one hundred thousand dollars ($100,000.00) level the premiums shall be increased to cover the costs of the Plan, and to protect the reserve fund with a minimum balance of one hundred thousand dollars ($100,000.00). This will in no way affect the benefits or coverage payable by the Trust Fund.
(b) The Company shall, consistent with Section 23.1 and Section 23.2 of this Agreement, provide the full cost of Liberty Health Extended Health Care Benefit as outlined below: Effective May 1, 1996, Liberty Health Extended Health Care Plan, standard benefits, including eye glasses to a maximum of one hundred and ninety-five dollars ($195.00) per person per year and hearing aid to a maximum of five hundred dollars ($500.00) per person, every three years with a ten dollar ($10.00) uctible single person and twenty dollar ($20.00) per family maximum deductible per benefit year, no co-insurance, no overall limit.
(c) The Company shall, effective the following dates and consistent with Section 23.1 and Section 23.2 of this agreement, provide each month at no cost to the employee, the following benefits:
(i) May 1, 1996 - The Liberty Health Dental Plan #5 based on 1996 Orthodontic care in accordance with Liberty Health Rider #3 - Orthodontics: Liberty Health Rider #3 providing fifty per cent (50%) of orthodontic services to be paid by Liberty Health up to a lifetime maximum of two thousand dollars ($2,000) in total per person.
Management Trustees. The shall assisted by a consultant and/or an administrator selected upon mutual agreement of the Trustees. It shall be the responsibility of such Trustees to determine from time t o t i m e the amount of such Health and Welfare and make the necessary investment as deemed appropriate i n order to ensure growth i n the level of benefits during the term of this Current Agreement and in the future.