Opening of Bids - Century Center Parking Lot Entry Gate Improvements Proj No 118-035A - Larson Danielson Construction - 2

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(k) Annuity - $5.67 per hour contribution. (1) UBCJA Nat. Health & Safety - $0.10 per hour contribution, (m) IKORCC COPE $0.03 per hour to be deducted by the EMPLOYER (employee option) (n) Indiana/Kentucky/Ohio Regional Council of Carpenters Market Recovery Fund $0.50 per hour to be deducted by EMPLOYERS (o) Working assessment of $0.05 per hour to be deducted by the employer. (p) Building Industry Marketing Program Trust Fund $0.02 per hour contribution. (q) Carpenters Training Promotional LMCC $0.02 per hour contribution. It is agreed that in the event the Trustees of the Funds outlined in this Section deem an emergency exists and an increase is necessary in a particular fund to continue the same benefits during the term of the Agreement, either party shall have the right upon thirty (30) days written notice to re -negotiate the distribution of money Within the wage, fringe benefits and deductions total package to accomplish this adjustment which shall occur on the anniversary date of this Agreement. Section 4. INDUSTRY FUND. (a) The ASSOCIATIONS have established an Industry Advancement Foundation to be known as the CONSTRUCTION ADVANCEMENT FOUNDATION, which Foundation shall be used to establish and conduct educational programs for the general public, employer members, and others with respect to new techniques, ideas and methods which will improve the industry and increase the contribution that the industry and its employees can make to the community and to carry out such other purposes as may be set forth in the Agreement and Bylaws of the Foundation executed by said ASSOCIATION and said Directors with the purpose and intent to promote, support and improve the interest and common good of the UNION construction contracting industry of the area. (b) "The EMPLOYER shall pay to the Construction Advancement Foundation of Northwest Indiana/Kentucky, twelve cents ($0.12) for each hour worked by all EMPLOYEES of the EMPLOYER covered by this Agreement or any modification to it. Modifications shall include Presidential Agreements, Project Agreements and the National Maintenance Agreement. Such payments shall be made monthly in accordance with Section 5, Article (a) Payment of funds on or before the 20th day of the succeeding month." (c) No part of the payment shall be used for the purposes other than provided in said Agreement and Bylaws of Foundation, and no part of such payments, either directly or indirectly shall be used for anti -union activities. (d) Payments required to be made to said foundation shall be deemed to be governed by the provisions of this AGREEMENT pertaining to the enforcement as to the collection of other payments required to be made by the EMPLOYER. Section 5. BCRC CONTRACT LANGUAGE (a) Various Employer Associations and the Union are members of the Building and Construction Resource Center, Inc. (hereinafter `BCRC"), an non-profit corporation that was formed to provide services in the construction industry, including but not limited to, 9