Method of computing Sample Clauses

The 'Method of computing' clause defines the specific process or formula to be used for calculating amounts, values, or adjustments under the agreement. Typically, this clause outlines the variables, data sources, and calculation steps that parties must follow, such as how interest is accrued, how damages are quantified, or how performance metrics are measured. By establishing a clear and agreed-upon method for computations, this clause helps prevent disputes and ensures consistency and transparency in financial or performance-related determinations.
Method of computing sick leave—Each full time unit member shall accrue sick leave at the rate of one day per month of assigned responsibility. Regular part time unit members shall accrue sick leave in proportion to the time worked.
View SourceView Similar (10)
Method of computing annual leave—All eligible personnel shall earn annual leave as follows: 0–3 years of MCPS service—15 days
View SourceView Similar (8)
Method of computing. Annual Leave—All 12- month personnel shall earn annual leave as follows:
View SourceView Similar (4)
Method of computing annual leave—All eligible personnel shall earn annual leave as follows: 0–3 years of creditable service—15 days 4–15 years of creditable service—20 days 16+ years of creditable service—26 days
View SourceView Similar (2)
Method of computing. X-Time will be computed at one and one-half times the time worked under the above conditions. X-Time will be computed at double time on an employee’s second and subsequent regularly scheduled day off, and specific holidays as indicated in employee agreements.
View Source

Related to Method of computing

  • Method of Calculation All calculations under this Section 4 shall be made to the nearest one hundredth of a share.

  • Method of Compensation The method of compensation may include: (i) a lump sum payment upon completion; (ii) payment in accordance with specified tasks or the percentage of completion of the services, less contract retention; (iii) payment for time and materials based upon the Consultant’s rates as specified in the Schedule of Compensation, provided that (a) time estimates are provided for the performance of sub tasks, (b) contract retention is maintained, and (c) the Contract Sum is not exceeded; or (iv) such other methods as may be specified in the Schedule of Compensation.

  • Method of Billing Consultant may submit invoices to the City for approval on a progress basis, but no more often than two times a month. Said invoice shall be based on the total of all Consultant’s services which have been completed to City’s sole satisfaction. City shall pay Consultant’s invoice within forty-five (45) days from the date City receives said invoice. Each invoice shall describe in detail, the services performed, the date of performance, and the associated time for completion. Any additional services approved and performed pursuant to this Agreement shall be designated as “Additional Services” and shall identify the number of the authorized change order, where applicable, on all invoices.