Common use of FRINGE OPTION Clause in Contracts

FRINGE OPTION. It is further agreed that if additional sums are necessary to maintain or improve the fringe benefit plans, such sums may be deducted from wages at any anniversary date of the Agreement by mutual agreement, giving sixty (60) days prior notice.

Appears in 27 contracts

Sources: Master Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

FRINGE OPTION. It is further agreed that if additional sums are necessary to maintain or improve the fringe benefit plans, such sums may be deducted from wages at any anniversary date of the Agreement by mutual agreement, agreement giving sixty (60) days prior notice.

Appears in 1 contract

Sources: Collective Bargaining Agreement