ARTICLE XXI - Payment for Lost or Stolen Tools
Par. 1. The Company agrees that they should make every effort
to provide a reasonably safe place for tools and likewise the
employee shall make every effort to protect not only his own
tools but also to protect the Company tools. The Company and
the local union agree to jointly reimburse Elevator Constructor
Mechanics, Elevator Constructor Helpers and Elevator Constructor
Apprentices for tools lost on the job or stolen while in transit
or stolen from any vehicle being used by the employee on the
following basis:
a) Up to a maximum claim of $200, the Company will pay 75% and
the local union will pay 25%.
b) On claims of more than $200, the local union will pay $50
with the remainder, up to a maximum of $900, paid by the Company.
Alternatively, the Company may elect to list those tools which
its employees are required to utilize. In that event the Company
shall not be required to reimburse its employees for other than
those tools it shall require.
Actual receipts for replacement tools must be submitted, in
either case, to the local union and the Company by the Employee
claiming the loss before reimbursement can be authorized. The
local union and the Company reserve the right to inspect replacement
tools.