Stabilization Fund Sample Clauses

Stabilization Fund. This fund is Employer funded by $0.60 per hour and Employee funded by $0.80 per hour. VACATION PAY - METHOD OF PAYMENT: Such payment shall include pay for vacation and holidays on a quarterly basis on the nearest pay day to APPENDIX “C” LOCAL 47 - OTTAWA, ONTARIO Mat. Roofing - A p p r e n t i c e s - May 1, 2017 ▇▇▇▇▇▇▇ Journeyman Hand.† Asst. 3rd yr. 2nd yr. 1st yr.

Stabilization Fund. This fund is Employer funded by $0.60 per hour and Employee funded by $0.80 per hour. VACATION PAY - METHOD OF PAYMENT: Such payment shall include pay for vacation and holidays on a quarterly basis on the nearest pay day to RED CIRCLE - Workers who are red circled guarantee that if they are presently making more than the chart allows for, they will be held at their present rate until such time as their hours catch up to their category on the chart, and then they will follow the regular progression. July 1, 2016 Hours Basic Rate Vac. Pay OSM UDPF H & W Pension UDPF Training Stab. Sub- Total OIRCA Total RED CIRCLE - Workers who are red circled guarantee that if they are presently making more than the chart allows for, they will be held at their present rate until such time as their hours catch up to their category on the chart, and then they will follow the regular progression. STABILIZATION FUND - Employer funded by $0.60 per hour and Employee funded by $0.80 per hour. RED CIRCLE - Workers who are red circled guarantee that if they are presently making more than the chart allows for, they will be held at their present rate until such time as their hours catch up to their category on the chart, and then they will follow the regular progression. RED CIRCLE - Workers who are red circled guarantee that if they are presently making more than the chart allows for, they will be held at their present rate until such time as their hours catch up to their category on the chart, and then they will follow the regular progression. STABILIZATION FUND - Employer funded by $0.60 per hour and Employee funded by $0.80 per hour. APPENDIX “D” LOCAL 235 - WINDSOR, ONTARIO HOURS OF WORK:

Stabilization Fund. All Employers bound by this agreement agree to pay into operative Sheet Metal Workers' Union Stabilization Funds in Locals 562, 473 and 235 (Sarnia) established or recognized in the locality by Employers under agreement with the Union for construction work of a related nature. The Employers will contribute the amounts specified in the wage schedules, attached hereto, for every hour worked by each of their employees within the jurisdictions of Locals 562, 473 and 235 (Sarnia).

Stabilization Fund. The Regional District School Committee may, consistent with the terms and conditions of G.L. chapter 71, section 16G½, establish and maintain a stabilization fund.

Stabilization Fund. The Local Trade Association and the Local Union have agreed to establish a Stabilization Trust Fund in accordance with the terms of a Memorandum of Agreement providing for the establishment of a Stabilization Trust Fund dated July 8, 1987, that has been negotiated between the Association and the Union. The Stabilization Trust Fund is funded in such manner and amounts as agreed upon by the Local Union and the Local Trade Association.

Stabilization Fund. Therefore, Ffor the duration of the tuition agreement in Section 3.C above, and any renewals thereof, the New Newry SAU shall annually contribute a Stabilization Fundmake Non- Member Participation Payments to SAD 44 with the goal of enhancing the quality ofto create equity between Non-Member Participation and Member Participation in SAD 44, to enhance regional education in SAD 44. , and to stabilize the regional education system. Through the Stabilization Fund, the New Newry SAU will provide matching funds to SAD 44 as an incentive for the municipalities in SAD 44 to increase their locally raised contribution to the costs of education. Newry’s matching amount will be based on the amount of additional funds that each SAD 44 municipality annually raises for the costs of education in SAD 44, on a per pupil basis, over and above the rate of inflation as determined by the annual percentage increase in the CPI-U. The annual per pupil matching amount for each SAD 44 municipality shall be up to 10% of the per pupil amount that the municipality contributed to the SAD 44 budget in the year prior to the Effective Date. The goal of the Stabilization Fund is to bring each SAD 44 municipality’s per pupil contribution to the SAD 44 budget up to the current average municipal per pupil contribution (currently $13,035), as adjusted for inflation. As further incentive to SAD 44 municipalities to increase their per pupil contributions to the SAD 44 budget, the New Newry SAU’s per pupil contribution to the Stabilization Fund will be seven times the matching amount in the first year after the Effective Date, six times the matching amount in the second year after the Effective Date, five times the matching amount in the third year after the Effective Date, four times the matching amount in the fourth year after the Effective Date, three times the matching amount in the fifth and sixth years after the Effective Date, two times the matching amount in the seventh and eighth year after the Effective Date, and one time the matching amount in the ninth and tenth year after the Effective Date. For each fiscal year of the tuition agreement, and any renewals thereof, the New Newry SAU shall make a Non-Member Participation Payment, calculated for that year as (A – B), where A = [(Property Fiscal Capacity of Newry)/(Property Fiscal Capacity of SAD 44 + Property Fiscal Capacity of Newry)] X (the amount of the total SAD 44 school budget that must be raised by local taxes); [(amounts paid by ...

Stabilization Fund. The parties here to agree on a Stabilization Fund as follows: (a) The Fund shall be jointly administered under a Terms of Reference as mutually agreed in the Market Recovery Stabilization Agreement and Declaration of Trust. (b) The Board of Trustees for the Fund shall be the Trustees appointed in accordance with the Rate Stabilization Agreement and Declaration of Trust. (c) All employers bound by this Agreement shall contribute to the Fund, one dollar ($1.00) per hour worked by each employee covered by this Agreement.

Stabilization Fund. Upon the grand opening, the UG establishes a stabilization fund reserve account in the amount of $540,000.00, to be made available for reimbursement to the Co-Op during the first three years of the Term (the "Stabilization Period") only if applicable quarterly sales stabilization benchmarks have not been achieved during the Stabilization Period as set forth in the Management Agreement. In the event that the Co-Op meets or exceeds the quarterly sales stabilization benchmarks for four consecutive quarters, all funds in stabilization fund reserve account will immediately revert to the UG. During the stabilization period, any and all UG Fee (hereinafter defined) received by the UG shall be used if necessary to replenish the stabilization fund reserve account. Any unused funds in the stabilization reserve account remaining at the expiration of the stabilization period will revert to the UG.

Stabilization Fund. The Company agrees to allocate to the Stabilization Fund a portion of the current CCWIPP contribution level of $0.65 per hour in accordance with the recommendations of the CCWIPP Board of Trustees. It is further understood and agreed that this is a temporary measure for the duration of this Collective Agreement and will be reviewed by the parties at or prior to the expiry date of this agreement, December 31, 2012. DATED THIS DAY OF 2016. FOR THE UNION FOR THE COMPANY (hereinafter referred to as the "COMPANY") (hereinafter referred to as the "UNION")