SUB Fund Clause Samples
A SUB Fund clause establishes the creation and operation of a subsidiary fund within a larger investment structure. This clause typically outlines how the sub-fund is formed, its specific investment objectives, and the rules governing its assets and liabilities, which are kept separate from those of other sub-funds. For example, it may specify that each sub-fund can have different investors, fee structures, or investment strategies. The core function of this clause is to provide organizational flexibility and risk segregation, ensuring that the financial obligations of one sub-fund do not impact others within the same umbrella fund.
SUB Fund. Should for any reason an employee experience complications it is understood and agreed that employees are entitled to STD benefits prior to expected delivery date and this time will not be included in this above periods. Employees on the above leave shall be entitled to all benefits and privileges of active employees. The time may be extended upon request of the employee by written request at least 2 weeks prior to the expiry of the leave.
SUB Fund. By Party B, in respect of Party B only, in its capacity as trustee of the relevant Sub-Fund in respect of each Transaction:
SUB Fund. Seventh, the full amount due to the Apprenticeship and Training Fund. Eighth, the full amount due to the Industry Fund. Ninth, the full amount due to the International Training Institute for the Sheet Metal and Air Conditioning Industry.
SUB Fund. They shall not be required to perform picket duty under the rules of Local #19.
SUB Fund. It is understood by both the company and the union that monies generated by the “Group directed sub fund” are in- clusive of all wages top-ups. This is inclusive but not limited to Article 8 lay-offs and Re- calls, specifically short work week and Article 12 Maternity and paternity EI top up. The parties agree that this money paid out by the company to the employee is representative of wage top up language. Basic Education Skills Training (B.E.S.T.)
SUB Fund. 11 , Sec 12 Scope of Work ......................................................................................................................................... 1 I Severability.............................................................................................................................................. 20 XXI Shift Work ............................................................................................................................................... 6 VIII Sketcher’s Stamp ..................................................................................................................................... 2 , Sec 6 Stewards .................................................................................................................................................. 18 , Sec 2 Sub-Contracting....................................................................................................................................... 2 , Sec 5 & 8 Successor Clause ..................................................................................................................................... 3 , Sec 21 Term of Agreement ................................................................................................................................. 20 XXII Territory Covered .................................................................................................................................... 1 Preamble Tool Loss ................................................................................................................................................. 17 , Sec 11 Travel Expenses....................................................................................................................................... 9 XI Truck Identification ................................................................................................................................. 3 , Sec 19 Union Membership .................................................................................................................................. 3 , Sec 1 Union Representatives ............................................................................................................................. 18 XVII Union Security......................................................................................................................................... 3 III Wage, Deduction, & Contribution Schedule........................................
SUB Fund. Should for any reason an employee experience complications it is under- stood and agreed that employees are entitled to STD benefits prior to expected delivery date and this time will not be included in the above periods. Employees on the above leave shall be entitled to all benefits and privi- leges of active employees. The time may be extended upon request of the employee by written request at least 2 weeks prior to the expiry of the leave.
SUB Fund. The Company agrees to implement a self directed Group SUB Fund for employees as follows, effective February 1, 1997. The following contributions shall be made: $500.00 lump sum December 1, 2012 $500.00 lump sum December 1, 2013 In addition, the Company will contribute one hundred and twenty-five dollars ($125.00) per month per eligible employee for each month in which the employee performs work for the Company.
SUB Fund. It is understood by both the company and the union that monies generated by the “Group directed sub fund” are in- clusive of all wages top-ups.