Common use of Salary Installments Clause in Contracts

Salary Installments. 1. The salary as stated on the salary agreement of each faculty member employed for a full academic year shall be paid on a bi-weekly basis in twenty-six (26) approximately equal installments or twenty-seven (27) approximately equal installments in those fiscal years where there are twenty-seven bi-weekly pay periods.

Salary Installments. 1. The salary as stated of each full-time faculty member shown on the his/her salary agreement of each faculty member employed for a full academic year shall be paid on a bi-weekly basis in twenty-six (26) approximately equal installments or twenty-twenty- seven (27) approximately equal installments installments, depending on the number of pay periods in those the fiscal years where there are twenty-seven bi-weekly pay periodsyear.