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Section 5 - VACATION FUND <br />Effective May 1, 2014, each Employer bound liereby shall add on one dollar and zero cents ($1.00) per <br />hour for each hour wages are received by an. employee covered by this Agreement and remit same to the Local <br />150 1-UO.E., Vacation Savings Plan, <br />Effective May 1, 2015, each Employer bound hereby shall add on one dollar and zero cents ($1,00) per <br />hour for each hour wages are received by an employee covered by this Agreement and remit same to the Local <br />150 W-OZ, Vacation Savings Plan. <br />Effective May 1, 2016,each Employer bound hereby shall add on (TBD) per hour foreach hourwagesare <br />received by an employee covered by this Agreement anti remit same to the Local 150 W.O.E., Vacation Savings <br />Plan. <br />Each ErnPloyerbou lid herebYirrevocablYaPPoints as li is representative on the Board of Trusteessurh <br />'Trustees as are names in the Agreement and Declaration of Trust as Employer Trustees and their successors <br />duly appointed as therein set forth, and agrees to be bound by all the terms and provisions of the Agreementand <br />Declaration ofTrUst, Local 150 1,UO,F,, Vacation SaViTlgS Plan, and all amendments heretofore or hereafter made <br />thereof, as though the same were fully incorporated herein. <br />Payments accompanied by monthly reports on forms provided for same are due in the Vacation Savings <br />Plan Office at 6150 Joliet Road, Countryside, Illinois 60525, not later than the tenth (10th) day of the following <br />month for the preceding month. Report forms are available atthe above address. However, if payment is not in <br />by the twentieth (20th) day of the month, it shall be considered a violation of this Agreement and shall be liable <br />for contributions due, liquidated damages, interest, and any other cost of collection. <br />Additional information and Employer code numbers can be obtained in the V <br />6150 Joliet Road, Countryside, Illinois, 60525. <br />ARTICLE XI <br />D, <br />SEC<0jN j1- APPRENTICESHIP —) SHILL IMPROVEMENT FUND <br />P A <br />'eed'ApprenticA * and Skill Improvement Fund has been created and is kIloWn-as-t4ie-QpereM—g-"" <br />Engineers Local 150 Apprenticeship Fund. <br />Effective May 1, 2014, the Employershall pay one dollar and thirtycent.s ($1.30) per hourfor each hour <br />wages are received by the employees covered by this Agreement into the aforesaid Apprenticeship Fund, <br />Effective May 1, 2015,the Employershall pay one dollar and thirty cents ($1.30) per hour for each hour <br />wages are received by the employees covered by this Agreement into the aforesaid Apprenticeship Fund, <br />Effective May 1, 2016, the Employer shall pay (TBD) per hour for each hour wages are received by the <br />employees covered by this Agreement into the aforesaid Apprenticeship Fund. <br />It is understood and agreed that the Employer shiall be bound by the terms and provisions of the <br />Agreement and Declaration of Trust of tile Apprenticeship Fund, and all amendments heretofore or hereafter <br />made thereto, as though the sarne were fully incorporated herein, <br />30 <br />Four County Highway <br />Contractors Group <br />FINAL <br />DFagaii.jSorensen.jValles.jGardner <br />C---r / IULY 17, 2014 <br />