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BALLET WEST/AMERICAN GUILD OF MUSICAL ARTISTS

BALLET WEST/AMERICAN GUILD OF MUSICAL ARTISTS

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ARTIST will be twenty per cent (20%) vested in theEMPLOYER’s contribution until the ARTIST is one hundred percent (100%) vested. The ARTIST’s contribution is always onehundred per cent (100%) vested. All ARTISTs who have beenemployed for five (5) years or more, when they enter the plan, willbe automatically one hundred per cent (100%) vested onEMPLOYER contributions. New eligible ARTISTs are able toenroll in the plan on the first day of the month following six (6)months of employment.b. In addition, each contract year EMPLOYER will make aguaranteed contribution of one and a half per cent (1 ½%) of eachof the ARTIST’s total gross salary without the necessity ofemployee matching. The one and a half per cent (1 ½%) providedherein shall be treated as an employee contribution for thepurposes of the vesting and therefore be immediately vested.Contributions shall be made on the standard time schedule underthe plan. In no event shall the contribution be made later thanJanuary 31 st .4. 125 Cafeteria PlanThe EMPLOYER shall make available to all ARTISTs who are engagedfor twenty (20) weeks or more, a tax-free savings program designed toprovide setting aside funds to pay certain expenses. ARTISTs can requestthat money be deducted from each paycheck in an amount equal toindividual insurance premiums; cost of non-reimbursed medical expenses,or dependent child care expenses. The EMPLOYER will takeresponsibility for informing participating ARTISTs that any unusedamounts remaining in their account will be forfeited at the end of the year.5. 403 (b) Tax ShelterThe EMPLOYER shall make available to all ARTISTs who are engagedfor twenty (20) weeks or more a program designed to provide allemployees of non-profit enterprises with a retirement plan wherebycontributions are taken on a pre-tax basis and can be invested in eitherannuities or mutual funds.6. Leavesa. Sick LeaveThe EMPLOYER agrees that an ARTIST, upon engagement, shallbe entitled to sick leave with full pay for not less than twelve (12)days during a contract year. Sick leave must be accrued before usewith the following exception: ARTISTs who are newly engagedshall receive six (6) of said sick days on the first day of38

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