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ARTI[= XXI <br />Contributions to the International Painters And Allied Trades <br />Industry Pension Fund, The Finishing Trades Institute <br />and the Painters and Allied Trades <br />Labor Management Cooperation Initiative <br />Section 1. For the duration of this Agreement, and any renewals or extensions thereof, the Employer <br />agrees to make payments to the International Painters and Allied Trades Industry Pension Fund ("the <br />Pension Fund'), the Finishing Trades Institute ("FTI") and the Painters and Allied Trades Labor <br />Management Cooperation Initiative {"LMCI"), for each employee covered by this Agreement as <br />follows: <br />a, For each hour or portion of an hour for which an employee receives pay, the Employer shall <br />make a contribution in the amount set forth in Appendix A, provided that when over -time rates apply, <br />a contribution need be made for only the actual hour(s) worked. <br />b. Contributions shall be, paid on behalf of any employee starting with the employee's first hour of <br />employment in a job classification covered by this Agreement. This includes, but is not limited to, <br />apprentices, journeypersons, trainees, and probationary employees. <br />C. The payments to the Pension, Apprenticeship, and LMCI Funds described above shall be made <br />separately to each respective Fund or as otherwise set forth in written instructions that the Employer <br />shall receive from the Administrator(s) of each respective Fund. The Employer hereby understands, <br />accepts, and agrees to be bound by all provisions set forth in the Agreement and Declaration of Trust <br />that has been adopted by the parties to each of the respective Funds identified above, including all <br />amendments and modifications made thereto, and the Employer hereby agrees to be bound by and to <br />said Agreements and Declarations of Trust as though it had actually signed the same. <br />d. The Employer shall, with respect to any and all contributions or other amounts that may be due <br />and owing to the IUPAT and its related or affiliated Funds or organizations, including, but not limited <br />to, the IUPAT Industry Pension Plan, the IUPAT Industry Annuity Plan, the Finishing Trades Institute, <br />the Painters and Allied Trades Labor Management Cooperation Initiative, the IUPAT Political Action <br />Together (and any and all other affiliated International organizations as may be created or established <br />in the future), upon receipt of a written directive to do so by the affiliated Funds and organizations, <br />make all required payments, either directly or through an intermediate body, to the "Central <br />Collections" Unit of the International Union and its affiliated Funds and organizations. Such <br />contributions shall be submitted on appropriate forms, in such format and with such information as <br />may be required by Central Collections. <br />Section 2. a. The Employer hereby irrevocably designates as its representatives on the Boards of <br />Trustees of the Pension Fund, the FTI, and the LMCI such Trustees as are now serving, or who will in <br />the future serve, as Employer Trustees, together with their successors, as provided for in the aforesaid <br />trust indentures. <br />b. The Union hereby irrevocably designates as its representatives on the Boards of Trustees of the <br />Pension Fund, the FTI, and the LMCI such Trustees as are now serving, or who will in the future <br />15 <br />