pittsburgh ballet theatre, inc. - American Guild of Musical Artists

Section 302-C of the Labor-Management Relations Act, as amended. The Employer agrees toexecute the Agreement and Declaration of Trust establishing the Pension Fund and to be boundby the Rules and Regulations established by the Trustees of said Pension Fund now or hereafteradopted. It is expressly understood that the Pension Fund will at all times be maintained as a taxexempt trust fund enabling the Employer to deduct his contributions to the Fund in accordancewith the applicable provisions of the Internal Revenue Code.(2) The Employer hereby agrees to contribute and remit monthly to thePension Fund two percent (2%) of actual weekly gross compensation as provided in the BasicAgreement for each Artist working under the Collective Bargaining Agreement. Any Artist,upon presentation to the Employer of a written request and permission from the AGMA PensionFund, may withdraw from the AGMA Pension Fund and instead have this two percent (2%)contribution made to PBT’s 403(b) plan. Per diem and meal money shall not be computed aspart of the actual weekly gross compensation.(3) Any Artist who wishes to participate in the PBT's 403(b) plan may do soby making voluntary contributions thereto and the Employer will match up to a maximum of aone percent (1%) contribution made by the Artist in the first year of the Agreement and a threepercent (3%) contribution made by the Artist in the second and third years of the Agreement.The Employer’s matching contribution is in addition to the contribution set forth in subparagraph41(a)(2). All such contributions shall be made by payroll deduction.*The Company will match the amount the Artist elects to contribute, but only up to three percent(3%). If the Artist does not elect to contribute, the employer contribution remains two percent(2%).(b)Medical CoverageMedical coverage for Artists shall be provided through the Company Plan or AGMAHealth Fund Medical Plan A as determined by the individual Artist. The Company Plan isdefined as the Plan provided to Company employees outside of the bargaining unit and shallprovide coverage equivalent or superior to the AGMA Health Fund Medical Plan A. TheCompany will pay 100% of the premium for the Company Plan for individual medical benefitsfor all Artists except as provided below or in 14(n)(5). If the premium of the AGMA Plan ishigher, an Artist who selects coverage under the AGMA Plan shall be responsible to pay onehalf(½) of the difference in premium between the AGMA Plan and the premium of theCompany Plan or one-half (½) the difference between the premium of the AGMA Plan and$260, whichever difference is smaller.The Employer will provide and pay for medical coverage for new employeesfrom the inception of employment. There is a sixty day waiting period for coverage of newemployees under the Company Plan. For this sixty day period, the Employer will provide andpay for individual medical coverage through Highmark Direct Blue Preferred Provider Plan(“interim plan”) or a plan substantially equivalent to the interim plan in effect May 1, 2010. Anyexpenses paid toward the deductible by the employee under the interim plan shall be reimbursedby the Employer. If the new employee has COBRA rights pursuant to their coverage under apolicy with a previous employer, the employee has the right to choose to continue COBRAcoverage until they become eligible for coverage under the Company Plan and if they so choose,34