Premium Reduction. In the event that any Employer paid premiums for benefits covered under this Collective Agreement are subsequently reduced and/or eliminated for any reasons, such premium reduction and/or elimination shall be the sole property of the Employer.
Appears in 3 contracts
Sources: Collective Agreement, Collective Agreement, Collective Agreement
Premium Reduction. In the event that any Employer fully paid Company premiums for benefits covered under this Collective Agreement are subsequently reduced and/or eliminated for any reasons, such premium reduction and/or elimination shall be the sole property of the EmployerCompany. The premium reduction and/or elimination shall not be the result of a decrease in the level of benefit coverage.
Appears in 2 contracts
Sources: Collective Agreement, Collective Agreement
Premium Reduction. In the event that any Employer paid premiums for benefits covered under this Collective Agreement are subsequently reduced and/or eliminated for any reasons, such premium reduction and/or elimination shall be the sole property of the Employer.
Appears in 2 contracts
Sources: Collective Agreement, Collective Agreement
Premium Reduction. In the event that any Employer Company paid premiums for benefits covered under this Collective Agreement are subsequently reduced and/or eliminated for any reasons, such premium reduction and/or elimination shall be the sole property of the EmployerCompany.
Appears in 1 contract
Sources: Collective Agreement