Common use of Training Contributions Clause in Contracts

Training Contributions. It is agreed that all Employers covered by this Agreement shall contribute, as per the allocation letter provided by the Union. Contributions shall be for each compensable work hour of operating engineers, including supervisory Employees when covered by this Agreement, employed by such Employers in work contained in the terms of this Agreement. Said contributions shall be made, on or before the fifteenth day of the month following the month in which the hours were worked, to the Alaska State Operating Engineers Employers Training Trust Fund in the manner set forth in the Trust Agreement of the said Trust Fund. The details of the Training Plan established by this Trust Fund shall continue to be controlled and administered by a Joint Board of Trustees composed of equal representatives from the Union and the AGC of Alaska, Inc. who are signators of the Trust Agreement of the aforesaid Trust Fund. Each Trustee appointed by the Union shall be a member of the Union, and each Trustee appointed by the Employers shall be a member of an affiliated firm of the Chapter or a regular paid Employee of the AGC of Alaska, Inc.