ADDENDUM TO COLLECTIVE BARGAINING AGREEMENT BETWEEN INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS AND ALLIED WORKERS LOCAL UNION NO. ____, AFL-CIO
AND ______(EMPLOYER NAME)
This Addendum to the collective bargaining agreement is made this ____ day of ______, 20__. It is agreed by the parties that effective December 1, 2010, the contribution to the National Asbestos Workers Pension Fund will be increased by $.32 per hour. This additional contribution obtained by [fill in source, i.e. raise, wage reduction, diversion from other contribution] and shall be dedicated specifically to funding the Plan of Rehabilitation of the National Asbestos Workers Pension Fund dated September 30, 2010 as modified on December 2, 2010.
It is further agreed that effective February 1, 2011, that the contribution to the National Asbestos Workers Pension Fund will be increased by an additional $.04 an hour as provided for under the modification to the Plan of Rehabilitation on December 2, 2010 to $.36 per hour. It is further agreed that effective as of [fill in the first anniversary date of any existing collective bargaining agreement in 2012, or of the initial date of any collective bargaining agreement being entered into in 2012], that the contribution to the National Asbestos Workers Pension Fund will be increased by $.36 an hour or by such other amount as called for in the Plan of Rehabilitation as amended. The additional contribution shall be obtained by [fill in source].
Such increases will continue on each succeeding [fill in applicable anniversary date] until such time as this agreement expires in the amount of either $.36 an hour or in such hourly amounts as may be required under the Plan of Rehabilitation as it is revised from year to year, with the source of the additional contribution to be [fill in source].
INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS
AND ALLIED WORKERS LOCAL UNION NO. ______
By: ______Date:______
FOR THE EMPLOYER
Name of Employer:______
By:______Date:______
Title: ______