General Formula Sample Clauses

General Formula. 9.1 For Traineeships not covered by Schedule 2 the following formula for the calculation of wage rates shall apply:
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General Formula. Upon a Participant's termination of employment with the Company and all Affiliates on or after his Early Retirement Date but before his Delayed Early Retirement Date for any reason other than Cause or death, the Participant shall be entitled to an Annual Retirement Benefit in an amount equal to the difference between the amount determined under subsection (a)(i) and the amount determined under subsection (a)(ii), as follows:
General Formula. For Traineeships not covered above the following formula for calculation of wage rates shall apply: The wage rate shall be pro-rata the full-time rates based on variation in the amount of training and/or the amount of work over the period of the Traineeship, which may also be varied on the basis of the following formula: Full-time wage rate x Trainee hours - average weekly training time 30.4* * Note: 30.4 in the above formula represents 38 ordinary full-time hours less the average training time for full-time Trainees (ie 20%). A pro-rata adjustment will need to be made in the case where the Award specifies different ordinary full-time hours: for example where the ordinary weekly hours are 40, 30.4 will be replaced by 32.
General Formula. S6.11.4.1 For traineeships not covered by S6.11.2.1, the following formula for calculation of wage rates shall apply: The wage rate shall be pro-rata the full-time rates based on variation in the amount of training and/or the amount of work over the period of the traineeship, which may also be varied on the basis of the following formula: Full-time wage rate x Trainee hours - average weekly training time 30.4* * Note: 30.4 in the above formula represents 38 ordinary full-time hours less the average training time for full-time trainees (i.e. 20%). A pro-rata adjustment will need to be made in the case where the Agreement specifies different ordinary full-time hours: for example where the ordinary weekly hours are 40, 30.4 will be replaced by 32.
General Formula. S6.11.4.1 For traineeships not covered by S6.11.2.1, the following formula for calculation of wage rates shall apply:
General Formula. 11.4.1 For Traineeships not covered by clause 11.2.1, the following formula for calculation of wage rates shall apply:

Related to General Formula

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