Opening of Bids - Century Center Parking Lot Entry Gate Improvements Proj No 118-035A - Larson Danielson Construction - 3

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Effective June 1, 2017, the parties recognize that individuals employed by corporations who are party to this Agreement may perform both bargaining unit and non -bargaining unit work. Certain of these employees receive compensation in such a manner that it is difficult to determine for purposes of fringe benefit contributions the precise number of hours which are spent performing bargaining unit work. It is therefore agreed that when an employee who is employed by a corporation, performs both bargaining unit work and non -bargaining unit work and who: A. Is a shareholder, officer and/or director of the corporation or Employer; B. Is a relative (husband, wife, father, mother, son, daughter, brother, sister, father-in-law, mother-in-law) of a shareholder, officer and/or director of the corporation or Employer the Employer shall be required to make contributions on behalf of such employee on the basis of 120 hours, twelve (12) months a year, based on the contribution rates established herein. It is agreed that the 120 hour clause of this section should not apply to an LLC unless such person has a percentage of ownership of greater than 15%. Is a relative ... the bargaining parties have agreed that any shareholder/relative reporting under this clause at the discretion of the Employer must report either actual hours worked per month or a minimum of 120 hours per month twelve (12) months a year. Section 3 - Vacation Fund Effective June 1, 2017, the Employer shall pay One Dollar and Twenty Cents ($1.20) per hour for each hour wages are received by an Employee covered by this Agreement into the Local 150 IUOE Vacation Savings Plan. In computing the Vacation Pay per hour, the Employer is required to add the amount per hour to the employee's gross wages and then deduct the Social Security and Withholding Tax from the gross figure on each check. The Vacation Pay for each hour shall then be set aside for remittance to the Vacation Savings Plan. For apprentices see schedule in Article VI, Section 2. Each Employer bound hereby irrevocably appoints as his representative on the Board of Trustees such Trustees as are named in the Agreement and Declaration of Trust as Employer Trustees and their successors duly appointed as therein set forth, and agrees to be bound by all the terms and provisions of the Agreement and Declaration of Trust, Local 150 I.U.O.E. Vacation Savings Plan, and all amendments heretofore or hereafter made thereto, as though the same were fully incorporated herein. Payments accompanied by monthly reports on forms provided for same are due in the Vacation Savings Plan Office, 6150 Joliet Road, Countryside, Illinois 60525, not later than the tenth (10th) day of the following month for the preceding month. Report forms are available at the above address. However, if payment is not in by the twentieth (20th) day of the month, it shall be considered a violation of this Agreement and shall be liable for contributions due, liquidated damages, interest, and any other cost of collection; including, but not limited to, attorney fees. Additional information and Employer code numbers can be obtained in the Vacation Savings Office at 6150 Joliet Road, Countryside, Illinois 60525. Section 4 - Apprenticeship and Skill Improvement Fund A Trusteed Apprenticeship and Skill Improvement Fund has been created and is known as the Operating Engineers Local 150 Apprenticeship Fund. Effective June 1, 2017, the Employer shall pay Thirty -Five Cents ($0.35) per hour for each hour wages are received by the Employees covered by this Agreement into the aforesaid Apprenticeship Fund. It is understood and agreed that the Employer shall be bound by the terms and provisions of the Agreement and Declaration of Trust of the Apprenticeship Fund, and all amendments heretofore or hereafter made thereto, as though 21 MICHIANA BUILDERS ASSOCIATION INC FINAL DFAGAN.JGARDNER.NCLINE MAY 19, 2017 mlc