Per Diem Basis definition

Per Diem Basis shall be the amount obtained by dividing the contractual salary, including longevity, by the number 183.
Per Diem Basis means the amount obtained by dividing the contractual salary by the total number of working days, as defined Appendix III in this Agreement. Days are further subdivided into 8 hours per day as needed.
Per Diem Basis. Shall be defined as the employee's annual salary including any extra classes, but excluding any extra duty compensation, divided by the number of employee working days provided in the calendar for that year.

Examples of Per Diem Basis in a sentence

  • Services may be financed in one of four different ways: Per Diem Basis: $2000.00 (USD) per day, plus expenses (travel, hotel, food, etc.) Yearly Retainer: $250,000 (USD) per year, plus revenue sharing agreement Equity Stake: Equity within the Company may be exchanged for services, on an individual basis.


More Definitions of Per Diem Basis

Per Diem Basis means a determination that is required be to based upon a specific number of days of the week, weeks in a month, or months in a calendar year, as applicable.
Per Diem Basis means the amount obtained by dividing the

Related to Per Diem Basis

  • Variation Margin means, in connection with an outstanding futures contract owned or sold by the Corporation, the amount of cash or securities paid to or received from a broker (subsequent to the Initial Margin payment) from time to time as the price of such futures contract fluctuates.