Payroll Savings Plan. The Employer agrees to deduct for a payroll savings plan from those employees who have authorized such deduction and to transmit said deductions to a FDIC insured bank or NCUA insured credit union authorized to do business in New York State. The Union hereby agrees to hold the Employer harmless for any damages it may sustain as a result of making the payroll deductions provided for in this Article.
Appears in 3 contracts
Samples: Collective Negotiations Agreement, Collective Negotiations Agreement, Collective Negotiations Agreement
Payroll Savings Plan. The Employer agrees to deduct for a payroll savings plan from those employees who have authorized such deduction deductions and to transmit said deductions to a FDIC an FDIC-insured bank banking institution or NCUA an NCUA-insured credit union authorized to do business in New York State. The Union hereby agrees to hold the Employer harmless for any damages it may sustain as a result of making the payroll deductions provided for in this Article.
Appears in 2 contracts
Samples: Agreement by And, Agreement by And
Payroll Savings Plan. The Employer agrees to deduct for a payroll savings plan from those employees who have authorized such deduction and to transmit said deductions to a FDIC insured bank or NCUA insured credit union authorized to do business in New York State. The Union hereby agrees to hold the Employer harmless for any damages it may sustain as a result of making the payroll deductions provided for in this Article.
Appears in 1 contract
Samples: Collective Negotiations Agreement
