Common use of Failure to Remit Clause in Contracts

Failure to Remit. (a) In the event an Employer fails to remit contributions to these plans in conformity with this Agreement, the Employer shall, upon notice, if in default more than ten (10) days, pay the monies due thereunder and in addition thereto, pay these plans a penalty in the amount of fifty dollars ($50.). The Employer shall be responsible for loss of benefits to any employee because of the Employer’s default action. (b) In addition to the penalty provided in Clause 25.6(a) and, notwithstanding Clause 9.6 of this Agreement, an Employer who fails to remit contributions as provided in this Agreement shall bear the full cost of any arbitration proceeding required to enforce a claim including the Union’s witness and counsel costs and expenses to a maximum of one thousand dollars ($1,000.).

Appears in 1 contract

Sources: Collective Agreement

Failure to Remit. (a) In the event an Employer fails to remit contributions to these plans in conformity with this Agreementagreement, the Employer shall, upon notice, if in default more than ten (10) days, pay the monies due thereunder there under and in addition thereto, pay these plans a penalty in the amount of fifty dollars ($50.). The Employer shall be responsible for loss of benefits to any employee because of the Employer’s 's default action. (b) In addition to the penalty provided in Clause 25.6(a25.4(a) and, notwithstanding Clause Article 9.6 of this Agreementagreement, an Employer who fails to remit contributions as provided in this Agreement agreement shall bear the full cost of any arbitration proceeding required to enforce a claim including the Union’s 's witness and counsel costs and expenses to a maximum of one thousand dollars ($1,000.).

Appears in 1 contract

Sources: Collective Agreement