Common use of Work Year/Duty Days Clause in Contracts

Work Year/Duty Days. The work year including paid holidays, for each Class I Principal shall be 220 days, for each Class II Principal 224 days, and for each Class III and Class IV Principal 230 days. In computing the value of a duty day for purposes of this Agreement the total annual compensation shall be divided by 220 for Class I, divided by 224 for Class II Principals, and divided by 230 for Class III and Class IV Principals. Modification of the work year which is mutually agreed upon will use the same daily computation to determine the compensation for the Principal.

Work Year/Duty Days. The work year including paid holidays, for each Class I Principal shall be 220 225 days, for each Class II Principal 224 228 days, and for each Class III and Class IV Principal 230 240 days. In computing the value of a duty day for purposes of this Agreement the total annual compensation shall be divided by 220 225 for Class I, divided by 224 228 for Class II Principals, and divided by 230 235 for Class III and Class IV Principals. Modification of the work year which is mutually agreed upon will use the same daily computation to determine the compensation for the Principal.