Common use of Employer Statement Clause in Contracts

Employer Statement. The employer also agrees to remit the contributions together with a monthly statement setting out the names of the employees in respect of which said pay- ments are made, together with the hours of work cred- its or amounts paid in respect of employees. In the event an employer fails to remit contributions to these plans in conformity with this Clause of the Agreement, the employer shall, if in default more than ten (10) days after notification by the Union, pay the monies due thereunder and in addition thereto pay these plans a penalty in the amount of The employer shall be responsible for loss of benefits to any employee because of the employer’s default action.

Appears in 1 contract

Sources: Multi Generation Agreement

Employer Statement. The employer Employer also agrees to remit the contributions together with a monthly statement setting out the names of the employees in respect of which said pay- ments are made, together with the hours of work cred- its or amounts paid in respect of employees. In the event an employer Employer fails to remit contributions to these plans in conformity with With this Clause of the Agreement, the employer Employer shall, if in default more than ten (10) days after notification by the Union, pay the monies due thereunder and in addition thereto pay these plans a penalty in the amount of The employer Employer shall be responsible for loss of benefits to any employee because of the employerEmployer’s default action.

Appears in 1 contract

Sources: Master Agreement