A signatory Employer will be permitted to make Contributions to the Plan on behalf of the Employer’s non-bargained Employees who previously were collectively bargained employees under the terms of a Collective Bargaining Agreement which required Contributions to the Plan and for whom the Employer has agreed to make Contributions to the Plan pursuant to a duly executed Alumni Participation Agreement. The Employer shall make Contributions to the Plan on behalf of each Alumni reported under the Alumni Participation Agreement at a rate of 173 hours per month at the hourly Contribution rate for journeymen as set forth in the Inside Agreement, as may be amended from time to time. Initial eligibility and coverage for all such Alumni shall occur in the same manner described in Article 4.2 Working Local 11 Electricians.

Hours reported in excess of 120 hours per month will be added to your Hours Bank Reserve. The maximum you can accumulate in your Hours Bank Reserve account is 720 hours. Your eligibility will continue as long as your Hours Bank Reserve account contains at least 120 hours. In no event, will reserve hours accrued as an Alumni and reserve hours accrued while a working Local 11 Electrician exceed a total of 720 hours.