Common use of FRINGE BENEFIT CONTRIBUTIONS Clause in Contracts

FRINGE BENEFIT CONTRIBUTIONS. A. The Employer shall make contributions for each hour paid to Employees covered hereunder, including hours paid to Employees for Waiting Time, passing a test, and reporting time as applicable: 1. For all Employees, the sums set forth in Article V, above (and as hereinafter modified by the Parties in accordance with this Agreement) are to be paid to the Pipe Line Industry Benefit Fund ("PIBF"). The Agreement and Declaration of Trust of the Pipe Line Industry Benefit Fund is incorporated and made a part of this Agreement by reference thereto. 2. For all Employees, the sums set forth in Article V, above (and as hereinafter modified by the Parties in accordance with this Agreement) are to be paid to the Pipe Line Industry Pension Fund ("PIPF"). The Agreement and Declaration of Trust of the Pipe Line Industry Pension Fund is incorporated and made a part of this Agreement by reference thereto. 3. For all Employees, the sums set forth in Article V, above (and as hereinafter modified by the Parties in accordance with this Agreement) shall be paid as a qualified non- elective contribution ("QNEC") to the Pipeline Industry Annuity/401(k)