Common use of Section 12.1.1 Clause in Contracts

Section 12.1.1. 37 For purposes of this section, full-time-equivalency (FTE) is that number denoting full-time 38 assignment as defined in statute and regulations as now or hereinafter amended. Currently, that 39 definition is that full time equivalency is determined as all hours compensated (except for 40 overtime) divided by one thousand four hundred forty (1,440). 41

Section 12.1.1. 37 39 For purposes of this section, full-time-equivalency (FTE) is that number denoting full-time 38 40 assignment as defined in statute and regulations as now or hereinafter amended. Currently, that 39 41 definition is that full time equivalency is determined as all hours compensated (except for 40 42 overtime) divided by one thousand four hundred forty (1,440). 41.