Examples of Participating Employer in a sentence
If the Contributions are shared between a Participating Employer and Members employed by it (whether pursuant to a Collective Agreement(s) or otherwise), the Participating Employer shall be responsible for deducting Member Contributions and remitting them together with its Contributions to the Board.
All documents to be executed by the Board and all cheques payable out of the Trust Fund shall be signed by at least one Employer Trustee and one Member Trustee or by such other persons as the Trustees may by resolution appoint, but nothing contained herein shall be construed so as to regard any Trustee as an agent of CUPE, BCPSEA, a Participating Trade Union, or any Participating Employer.
Under no circumstance shall any portion of the Trust Fund or income of the Trust Fund, either on winding up or termination of the Trust Fund, or at any other time, revert to or accrue to the benefit of any Participating Employer.
If a Participating Employer becomes delinquent in its Contributions and the Board places the account with legal counsel for collection, the Participating Employer shall be liable for reasonable counsel fees and for all reasonable costs incurred in the collection process, including court fees.
If a Participating Employer withdraws from the Plan in accordance with Subsection 3.03 in respect of all or certain of its employees who are Members, the relevant Members shall concurrently and automatically cease to be eligible for benefits from the Core LTD Program and the Other LTD Benefits Program, provided that such withdrawal shall not prejudice any rights accrued to that date under the Core LTD Program or the Other LTD Benefits Program by the relevant Members.