Common use of Rules of Calculation Clause in Contracts

Rules of Calculation. All salaries shall be computed on a biweekly basis following equitable rules of calculation for formulae included in this Agreement. Calculations shall be carried to an agreed number of decimal places, annual salaries shall be derived from biweekly salaries and truncated to whole dollar amounts. Such annual salaries are only given as reference because biweekly salary rates are the applicable binding agreement between the parties.

Appears in 17 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Rules of Calculation. All salaries shall be computed on a biweekly basis following equitable rules of calculation for formulae included in this Agreement. Calculations shall be carried to an agreed number of decimal places, annual salaries shall be derived from biweekly salaries and truncated to whole dollar amounts. Such annual salaries are only given as reference because biweekly salary rates are the applicable binding agreement between the parties.. 84

Appears in 1 contract

Samples: Collective Bargaining Agreement

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