Contributions by Employers

5.02 - Except as otherwise provided herein, each Participating Employer shall contribute to the Plan, based on the recommendation of the Actuary, an amount equal to the contributions made hereunder by the Participants who are Employees of such Participating Employer.

Each Participating Employer shall transmit to the Trustee at regular intervals, as specified by the Trustees, the contributions collected from Participants since the last transmittal date, together with a matching contribution from such Employer. All such contributions shall be made a part of the Trust Fund.

Benefits shall be credited to a Participant under the terms of the Plan only to the extent that the contributions required hereunder from both the Participant and his Employer are actually transmitted to the Trustees.

If a Participant is Disabled and is receiving disability benefits under a disability income plan sponsored by the Employer (including disability benefits under Workers' Compensation) or under the Canada/Quebec Pension Plan, the Participant and the Employer will be deemed to be contributing at the required rate after August 31, 1982, even though no contributions are being made. In such event no contributions shall be required of the Participant or the Employer. The preceding sentences only apply as of September 1, 1982, even if the Participant became Disabled prior to that date. The contributions deemed made by the Participant and the Employer under this paragraph shall be credited only for the purposes of calculating the Participant's Accrued Benefit, and shall not apply in calculating the amount of any withdrawal under Section 5.06.

Notwithstanding the above, the contributions made by the Employees of the Plan in any Plan Year shall not exceed the maximum amount that is permitted under the Income Tax Act for the Plan Year.

In the event of failure by a Participating Employer to remit contributions to the Plan as required, the Trustees, pursuant to policies and procedures established for this purpose, shall notify in writing the Participating Employer of the delinquency and upon continuing failure to pay required amounts to the Plan shall take such action as the Trustees deem necessary and appropriate, including, in the event of continuing delinquency, termination of status as a Participating Employer. If a Participating Employer's status is terminated, the Trustees shall provide notice to the Participating Employer and to all eligible employees of the employer and shall specify the effective date of termination of Participating Employee status.