Common use of Full-Time Equivalent Job Clause in Contracts

Full-Time Equivalent Job. The words "Full-Time Equivalent Job" mean a job filled by an individual who must work for a period of not less than forty (40) hours per week or if less than forty (40) hours a week, the number of hours per week that the Company represents to be in accordance with its designated full-time employment policy as of the reporting year.

Appears in 4 contracts

Samples: And Agreement, And Agreement, Program and Agreement

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Full-Time Equivalent Job. The words "Full-Time Equivalent Job" mean means a job filled by an (a) one (1) individual who must work for a period of not less than forty (40) hours per week, or (b) two (2) or more individuals for a period of not less than forty (40) hours per week or in the aggregate, each of which may also be a "Part-Time Equivalent Job" if less than forty it is filled by one (401) hours a week, the number of individual for twenty (20) hours per week that the Company represents to be in accordance with its designated full-time employment policy as of the reporting yearor less.

Appears in 1 contract

Samples: Economic Development Program and Agreement

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