WAGE BOND Clause Samples
A Wage Bond clause requires an employer or contractor to secure a financial guarantee, typically in the form of a bond, to ensure the payment of wages to employees or laborers. This bond acts as a safeguard, allowing workers to claim unpaid wages from the bond if the employer defaults or fails to pay. By mandating such a bond, the clause protects workers from wage theft and ensures compliance with labor payment obligations, thereby reducing the risk of non-payment in employment or subcontracting arrangements.
WAGE BOND. 20.01 The Union may require Contractors who sign this Collective Agreement, other than the signatory contractors who were members of CLR-A as of March 26, 1997, to post a wage bond of thirty thousand dollars ($30,000.00) where the Union feels it is necessary for the protection of its members. This Article is not applicable on new construction projects.
WAGE BOND. 24.01 Before Union members are dispatched to any Employer who has not been signatory to a UA Agreement in British Columbia for a minimum of two (2) years, such Employer may be required to deposit a bond suitable to the Union, up to a maximum of one thousand dollars ($1,000.00) per Employee and a total maximum of fifteen thousand dollars ($15,000.00) with the BC Pipe Trades Association for use in default of payment of wages, pension contributions, welfare contributions, vacation pay, Statutory Holiday pay, or any other contributions provided by the Collective Agreement. When no longer required, such bond, by mutual consent of the Union and the Employer concerned, shall be terminated, but where mutual consent cannot be achieved, the matter shall be subject to the Arbitration Procedure provided in Articles 18 and 19.
WAGE BOND. Before members are dispatched to any Employer who has not been signatory to The Pile Drivers Standard Agreement for a minimum of two (2) years, such Employer may be required to deposit a bond, suitable to the Union, up to twenty-five thousand dollars ($25,000.00) with the Pile Drivers Union for use in default of payment of wages, welfare contributions, vacation pay, statutory holiday pay, or any other contributions or payments provided by The Pile Drivers Standard Agreement. When no longer required, such bond shall, by mutual consent of the Union and the Employer concerned, be terminated.
7.01 Regular Hours (Single Shift)
7.02 On single shift operations, the regular hours shall be observed except when varied to comply with government regulations when posted or where there is good reason for varying regular hours due to climatic or transportation conditions, subject to agreement between the Employer and the Union.
7.03 The starting and quitting times of all shifts shall be at the tool lock-up or change room.
WAGE BOND. 20.01 The Union may require Contractors who sign this Collective Agreement, other than the signatory contractors who were members of CLR-A as of May 1, 2011, to post a wage bond of thirty thousand dollars ($30,000.00) where the Union feels it is necessary for the protection of its members. This Article is not applicable on new construction projects. ARTICLE TWENTY-ONE - PROHIBITION OF STRIKES OR LOCKOUTS
21.01 The Employer agrees that there shall be no lockout or breach of this Agreement during its term.
21.02 The Union agrees that there shall be no strike, stoppage of work, slowdown, work to rule or other action that would stop or interfere with the Employers' operations during the term of this Agreement.
WAGE BOND. Before members are dispatched to any Employer who has not been signatory to The Pile Drivers Standard Agreement for a minimum of two (2) years, such Employer may be required to deposit a bond, suitable to the Union, up to twenty-five thousand dollars ($25,000.00) with the Pile Drivers Union for use in default of payment of wages, welfare contributions, vacation pay, statutory holiday pay, or any other contributions or payments provided by The Pile Drivers Standard Agreement. When no longer required, such bond shall, by mutual consent of the Union and the Employer concerned, be terminated. CLAUSE 7 - HOURS OF LABOUR, SHIFTS AND CALL-OUT TIME