Calculation of Points Sample Clauses
The "Calculation of Points" clause defines the method by which points are awarded, tallied, or deducted within a particular system, such as a loyalty program, competition, or performance evaluation. It typically outlines the criteria for earning points, the actions or achievements that trigger point allocation, and any formulas or scales used in the calculation process. By establishing clear rules for how points are calculated, this clause ensures transparency and fairness, preventing disputes and misunderstandings regarding point totals or rankings.
Calculation of Points. 1. Points for competence shall be based upon the two most recent evaluations and/or job actions which have been completed.
2. The following shall apply for evaluations completed under the system prior to 2003-2004: Reemploy unconditionally - 25 points Reemploy with conference for improvement - 20 points Reemploy with plan for intensive assistance - 15 points Reemploy with probationary status - 10 points Recommended for nonrenewal - 0 points
3. The following shall apply for evaluations completed under the system from 2003-2004 forward: Each evaluation under this system shall initially be worth 25 points. For every ▇▇▇▇ that is in the “does not meet expectations” category, two (2) points shall be deducted.
4. For the purpose of this article, seniority shall be computed as one point per year for each year of employment in the Interlocal and/or the Southeast Kansas Special Education Cooperative
Calculation of Points. The point value of a field trip shall be calculated by multiplying the total hours involved in completing the trip by the hourly wage, then moving the decimal two places to the left and rounding off to the nearest dollar.
Calculation of Points. 31.9.1 Calculation of supplemental salaries is based upon information and recommendations provided by the Supplemental Committee, which was convened in the 2012-13 school year, and approved by the Board and NOEA membership. Formulas used to calculate the salaries may be requested from the Human Resources Department.
31.9.2 Supplemental salary adjustments, whether increases or decreases, shall only be made at the beginning of a new school year. Decreases shall not become effective while the incumbent continues in the position.
Calculation of Points on or prior to each Quarter Day the Executive Committee shall, on the basis of information to be supplied by the Settlement System Administrator as referred to in Clause 11.3.5, calculate for the Following Quarter the number of Points which each Pool Member whose Points are to be calculated in accordance with paragraph 2 shall receive, and shall notify each Pool Member and the Director in writing of the number of Points received by all Pool Members (whether calculated in accordance with paragraph 2 or 3). The determination of the Executive Committee as to the number of Points of each Pool Member shall (in the absence of manifest error) be final and binding for all purposes of this Agreement.
Calculation of Points. The calculation of Loyalty Points is at the sole discretion of ▇▇▇▇▇▇, and the Client agrees to abide by the points assigned as per Fixinc's determination.
Calculation of Points. Points shall be calculated by multiplying the usage amount of the Credit Card by the Bank’s prescribed rate. However, fractional part will be disregarded.
Calculation of Points. 4.1 The Executive Committee shall:-
4.1.1 on each Calculation Date, calculate for the Following Month the number of Points which each Pool Member whose Points are to be calculated in accordance with Section 2 shall receive;
4.1.2 on each Calculation Date, calculate for each of the previous months (if any) in the then current Accounting Period the adjusted number of Points attributable in respect of that month to each Pool Member whose Points are to be calculated in accordance with Section 2; and
4.1.3 on the Final Calculation Date, calculate for each month in the relevant Accounting Period the adjusted number of Points attributable in respect of that month to each Pool Member whose Points are to be calculated in accordance with Section 2.
4.2 The calculations to be performed by the Executive Committee pursuant to sub-section 4.1 shall be made on the basis of:-
4.2.1 information to be supplied by the Settlement System Administrator in accordance with Service Line 10 (Service to CEO and Pool Members) and by the Initial Settlement and Reconciliation Agent pursuant to its Pool Agent Contract;
4.2.2 information provided pursuant to Section 2; and
4.2.3 the final runs of Stage 1 Settlement and Stage 2 Initial Settlement Runs available, as at the close of business on the Business Day immediately preceding the Calculation Date or (as the case may be) Final Calculation Date, in respect of the Settlement Periods in the Calculation Period relating to the relevant month.
4.3 The Executive Committee shall notify each Pool Member and the Director in writing of the number of Points received by or (as the case may be) the adjusted number of Points attributed to, all Pool Members (whether calculated in accordance with Section 2 or 3). The determination of the Executive Committee as to the number of Points of each Pool Member (whether initially or following any adjustment to be made in accordance with this Schedule) shall (in the absence of manifest error) be final and binding for all purposes of this Agreement.
Calculation of Points. On or prior to each Quarter Day and at such other times as are referred to in paragraph 6 the Executive Committee shall, on the basis of information to be supplied by the Settlement System Administrator as referred to in Clause 11.3.2, calculate for the Following Quarter or (as the case may be) the remainder of the then current Quarter the number of Points which each Pool Member whose Points are to be calculated in accordance with paragraph 2 shall receive, and shall notify each Pool Member and the Director in writing of the number of Points received by all Pool Members (whether calculated in accordance with paragraph 2 or 3). The determination of the Executive Committee as to the number of Points of each Pool Member shall (in the absence of manifest error) be final and binding for all purposes of this Agreement.