NLMCC CONTRIBUTION Sample Clauses
The NLMCC Contribution clause defines the obligations of parties to contribute to the National Labor Management Cooperation Committee (NLMCC) fund. Typically, this clause requires employers to make regular payments, often calculated per hour worked or per employee, into the NLMCC fund as part of a collective bargaining agreement. These contributions support joint labor-management initiatives, such as training programs or industry advancement efforts. The core function of this clause is to ensure consistent funding for collaborative projects that benefit both labor and management, promoting industry stability and cooperation.
NLMCC CONTRIBUTION. Each Employer shall contribute one cent ($.01) per hour worked under this Agreement up to a maximum of 150,000 hours per year. Payment shall be forwarded monthly in a form and manner prescribed by the Trustees, no later than fifteen (15) calendar days following the last day of the month in which the labor was performed. The Washington, D.C. Chapter, NECA, or its designee, shall be the collection agent for this Fund.