MINIMUM BID PERIOD GUARANTEE Sample Clauses

MINIMUM BID PERIOD GUARANTEE. 1. Each Line Holder, Reserve and Standby Pilot shall be guaranteed a minimum of sixty (60) Bid Period Hours (Minimum Bid Period Guarantee = MBPG), at the hourly pay rate applicable to the Pilot’s status and/or equipment in the bid period, pro-rated for any changes in status and/or equipment within the bid period. 2. Each Regular Line-holder shall be guaranteed a Minimum Bid Line Guarantee (Bid Line Guarantee = BLG) equal to the Pilot’s awarded bid line value for that bid period or the Minimum Bid Period Guarantee (MBPG), whichever is greater. BLG will be calculated based on the Pilot’s awarded block hours of flying in a bid period, plus any scheduled deadhead hours. 3. For each bid period, a Pilot shall receive the greater of his BLG or MBPG, or his total accrued pay and credit hours, as provided in this Agreement. All hours will be paid at the Pilot’s hourly rate as specified in Article 3.
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MINIMUM BID PERIOD GUARANTEE. A. 1. Pilots shall be credited flight time at the applicable rates with a minimum guarantee of seventy (70) hours per bid period.
MINIMUM BID PERIOD GUARANTEE. 1. A pilot shall have the following minimum bid period guarantee, except as provided in Section 4.A.2. through A.5.: a. 68 CH in a 4-week bid period.

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