Conversion Factor Sample Clauses

Conversion Factor. For every four (4) days of sick leave accumulated during the year, an employee may convert one (1) day to cash, and retain the remaining three (3) days in his/her sick leave account.
Conversion Factor. All sick leave accumulated by an employee up to a maximum of one hundred eighty (180) days, may be converted to severance pay and paid as such on the basis of one (1) day of severance pay for each four (4) days of unused and accumulated sick leave converted subject to the following: Maximum Severance Length of Service Days Less than 5 years 0 days 5 years to 15 years 30 days 15 years to 25 years 35 days Over 25 years 45 days The maximum number of days paid as severance pay under this Article shall be forty five (45) days.
Conversion Factor. The initial conversion factor for ----------------- the Class A Preferred Stock shall be .50 and the initial conversion factor for the Class B Preferred Stock, the Class C Preferred Stock and the Class D Preferred Stock shall be 1, subject to adjustment, in each case, in accordance with the provisions in this Section B(5)(d), except that the provisions of B(5)(d)(i) shall not apply to the Conversion Factor for Class D Preferred Stock. Such respective conversion factors in effect from time to time, as adjusted pursuant to the applicable provisions of this Section B(5)(d), are referred to herein as the "Conversion Factor" for the Class A Preferred Stock, the Class B Preferred Stock, the Class C Preferred Stock or the Class D Preferred Stock, as applicable. All of the remaining provisions of this Section B(5)(d) shall apply separately to the respective Conversion Factors in effect from time to time; provided, however, that the provisions of B(5)(d)(i) shall not apply to the ----------------- Conversion Factor for Class D
Conversion Factor. An auxiliary employee who works a minimum of 1456 hours per year, excluding overtime, for two continuous years (35 hour per week employee); or 1664 hours per year, excluding overtime for two continuous years (40 hour per week employee) shall be converted to a regular full-time employee. Hours worked (excluding overtime) as an auxiliary employee covering employees absent for short-term disability leave exceeding 21 days, maternity leave, parental leave or paternity leave shall be excluded for the purposes of this section.
Conversion Factor. Excluding custodians, all provisions related to days will be converted to hours for Community Education at a rate of eight (8) hours equals one day. For ABE/ESL and HSC classes, one half (1/2) hour of paid leave for every six (6) hours worked to a maximum of ninety‐six (96) hours per year.
Conversion Factor. All sick leave accumulated by the Interpreter, to a maximum of two hundred (200) total days, may be converted to severance pay and paid as such on the basis of one (1) day of severance pay for each four (4) days of accumulated and unused sick leave converted. The maximum number of days paid as severance pay under this article shall be fifty (50) days.
Conversion Factor. All sick leave accumulated by an employee up to a maximum of one hundred eighty (180) days, may be converted to severance pay and paid as such on the basis of one
Conversion Factor. The factor for use in converting leave banks due to a change from a suppression workweek to an administrative workweek or vice versa is referenced under Appendix B. Any changes to the attachment under Appendix A for suppression workweek hours will require a correction of the conversion factors under Appendix B. During temporary and light duty assignments, only those hours utilized will be converted. Any assignments of a more permanent nature (i.e. Training, Life Safety, or Administration) the conversion will be made as of the first day of the month following the change in workweek. During the interim period from the date of the workweek change until conversion of the banks is made, the employee will reflect the conversion hours on his/her time and attendance report.
Conversion Factor. No later than two (2) Business Days prior to the Closing, the Company shall deliver to SPAC its good faith estimate of the Conversion Factor. The Company shall consider in good faith SPAC’s comments thereto (or to any component thereof), it being understood that SPAC’s approval of the Conversion Factor will not be a condition to SPAC’s obligations to consummate the transactions contemplated hereunder and the Company shall have no obligation to revise the Conversion Factor to reflect any comments provided by SPAC.
Conversion Factor. “Class A Distribution Preference” for any Fiscal Quarter with respect to each outstanding Class A Additional Common Unit means the product of (x) the dividends paid with respect to one share of FCEI Stock (other than dividends paid in shares of FCEI common stock and rights, options, warrants or convertible or exchangeable securities entitling the holders to subscribe for or purchase additional shares of FCEI common stock, other securities or property) for that quarter multiplied by (y) Conversion Factor; except that, the Class A Distribution Preference for the Fiscal Quarter with respect to each outstanding Class A Additional Common Unit that includes the date on which the Class A Additional Common Unit is issued (unless such date is the first day of a Fiscal Quarter) will be such amount multiplied by a fraction, the numerator of which is the number of days from the date of issuance to and including the last day of the Fiscal Quarter and the denominator of which is the full number of days in the Fiscal Quarter. An illustration of how the Class A Distribution Preference is to be determined is set forth in Exhibit D. The Class A Distribution Preference is not subject to the continued employment of BCR or any member of Key Management with FCEI or any of its Affiliates.