Common use of Change to Minimum Bid Period Guarantee Clause in Contracts

Change to Minimum Bid Period Guarantee. a. A pilot’s minimum bid period guarantee shall be reduced by the net number of CH by which the pilot’s actual credit hour compensation for a bid period is less than his BLG/RLG as a result of activities being dropped from his awarded line with reduced pay or without pay. Examples of reduced pay include: trips dropped and trip traded down to a lesser value. Examples of trips dropped without pay include: pilot requested drops, phase-in conflict, transition to inactive pay status, emergency drop and disciplinary suspension.

Change to Minimum Bid Period Guarantee. a. A pilot’s 's minimum bid period guarantee shall be reduced by the net number of CH by which the pilot’s 's actual credit hour compensation for a bid period is less than his the pilot’s BLG/RLG as a result of activities being dropped from his the pilot’s awarded line with reduced pay or without pay. Examples of reduced pay include: trips dropped and trip traded down to a lesser value. Examples of trips dropped without pay include: pilot requested drops, phase-in conflict, transition to inactive pay status, emergency drop and disciplinary suspension.

Change to Minimum Bid Period Guarantee. a. A pilot’s 's minimum bid period guarantee shall be reduced by the net number of CH by which the pilot’s 's actual credit hour compensation for a bid period is less than his BLG/RLG as a result of activities being dropped from his awarded line with reduced pay or without pay. Intent: Examples of reduced pay include: trips dropped and trip traded down to a lesser value. Examples of trips dropped without pay include: pilot requested drops, phase-in conflict, transition to inactive pay status, emergency drop and disciplinary suspension.