Fraternity-Testvériség, 1989 (67. évfolyam, 1-3. szám)

1989-01-01 / 1. szám

Page 8

TESTVÉRISÉG

ing fraternal growth and increasing membership. The DISTRICT shall have the right to maintain and identify the New Jersey and Ohio Branches as UNION Branches of the FEDERATION and the FEDERATION further agrees to foster, continue and provide support for its fraternal and religious programs on the same basis as the FEDERATION Branches under FEDERATION by-laws and actions of the Board of Directors. The FEDERATION further agrees to pay the New Jersey and Ohio Branches the same commissions on dues collections as granted to the FEDERATION'S Branches.

The New Jersey and Ohio Branches of the DISTRICT shall have the right to control and manage its funds and assets including any trusts or branch funds established for specific purposes subject to the FEDERATION'S by-laws and resolutions of the Board of Directors of the FEDERATION.

8. The current standing mortgage practice of the FEDERATION shall be continued as the mortgage practice of the DISTRICT and funds will be made available to the DISTRICT for these mortgage purposes in accordance with FEDERATION practice.

9. Local Branch Secretaries of the UNION shall be compensated in accordance with FEDERATION practice. The FEDERATION agrees to pay collection and selling commissions to all former UNION producers in accordance with FEDERATION practices.

10. The members of the UNION shall be entitled to designate one of their members who shall, by virtue of this Agreement, become a member of the FEDERATION'S Board of Directors until the Convention of the FEDERATION to be held in the year 1992, and he/she shall receive the same salary and expense allowances as is presently provided to all members of the Board of Directors of the FEDERATION.

The directorship of the DISTRICT shall cease on December 31, 1992, unless the membership has increased to at least 1200 adult members. Should such membership be attained, the said DISTRICT shall be entitled to have elected by the members of the 1992 Convention of the FEDERATION a director who shall take office in January, 1993.

11. A written Contract of Employment will be entered into between the FEDERATION, as employer and HELEN DUSKA, as employee, for the position as Office Manager of the ST. GEORGE HUNGARIAN GREEK CATHOLIC UNION DISTRICT until December 31, 1992, at a salary not less than her present salary as Supreme Secretary/Treasurer of the UNION. She shall also receive 3 weeks vacation, $300.00 or more yearly subsidy for medical insurance in accordance with the FEDERATION; also yearly increases in her salary in accordance with annual increments as established by the FEDERATION. The Contract will provide that she will not be discharged by the

FEDERATION without just cause and if she is prematurely terminated, the balance of her Contract through December 31, 1992, will be paid in full. Her duties shall be established by the Board of Directors of the FEDERATION and shall be similar to her duties as the Secretary of the Union, however, her duties may be expanded to service policies of the FEDERATION in the New Jersey Branch. Her office shall not be relocated outside the City of Perth Amboy.

12. The FEDERATION acknowledges UNION scholarship awardees and agrees to make scholarship grants to UNION members on the same basis as the FEDERATION practice of awarding on a one time basis per individual, a $300.00 donation to 2nd, 3rd or 4th year college students with proof of matriculation.

13. The FEDERATION, insofar as permitted by law, agrees to indemnify and save harmless each officer and director of the UNION now serving, or who has served it or any of its subsidiaries in the past as an officer, director or employee, trustee or agent at the request of the UNION, whether or not in office, except in relation to matters as to which such officer, director or employee shall have been guilty of gross negligence or bad faith from and against any and all claims, liabilities, penalties, forfeitures and fines, to which such individuals may be or become subject by reason of having served in any capacity.

Said indemnification shall include the cost of reasonable settlements made with the approval of the Board of Directors of the FEDERATION.

The officers and members of the Board of Directors of the UNION will execute a document prepared by the attorney for the FEDERATION, attesting to the fact that to the best of their knowledge and belief there are no law suits pending against the UNION or any of the aforesaid officers, directors, employees, trustees or agents in the performance of their duties on behalf of the UNION, and that they know of no circumstances or facts which would indicate that any such suits can be reasonably anticipated.

In addition, the FEDERATION shall either reimburse each such officer or director for all legal or other expenses reasonably incurred in the defense of any proceedings to enforce or collect any such claim, liability, penalty, forfeiture or fine, or shall assume the burden of such defense, whichever the FEDERATION shall elect to do.

14. It is agreed that all reasonable and proper expenses, including but not limited to the expenses of the official board meetings, actuarial and legal expenses, directly or indirectly incurred in effectuating this Merger, shall be payable out of the merged assets of the societies.

15. WHEREAS, each of the fraternal benefit societies wish to maintain equity among members of both societies an accounting of the financial status of