Common use of Method of Determination Clause in Contracts

Method of Determination. The basic salary schedules provided for in this Agree- ment shall be increased 1 cent per hour for each full 0.4 of a point increase in the applicable Index above the Base Index. For example, if the increase in the Index from July 2014 to July 2015 is 1.2 points, all pay scales for rural carrier employees covered by this Agreement will be increased by 3 cents per hour multiplied by 2,080 to determine the annual base rate, with propor- tional application to the evaluated base rates. In no event will a decline in the Index below the Base Index result in a decrease in the pay scale provided for in this Agreement.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Method of Determination. The basic salary schedules provided for in this Agree- ment Agreement shall be increased 1 cent per hour for each full 0.4 of a point increase in the applicable Index above the Base Index. For example, if the increase in the Index from July 2014 2007 to July 2015 January 2008 is 1.2 points, all pay scales for rural carrier employees covered by this Agreement will be increased by 3 cents per hour multiplied by 2,080 to determine the annual base rate, with propor- tional proportion- al application to the evaluated base rates. In no event will a decline in the Index below the Base Index result in a decrease in the pay scale provided for in this Agreement.

Appears in 2 contracts

Samples: ohrlca.org, knowledgebase.ruralinfo.net

Method of Determination. The basic salary schedules provided for in this Agree- ment shall be increased 1 cent per hour for each full 0.4 of a point increase in the applicable Index above the Base Index. For example, if the increase in the Index from July 2014 2011 to July 2015 January 2012 is 1.2 points, all pay scales for rural carrier employees covered by this Agreement will be increased by 3 cents per hour multiplied multi- plied by 2,080 to determine the annual base rate, with propor- tional proportional application to the evaluated base rates. In no event will a decline in the Index below the Base Index result in a decrease in the pay scale provided for in this Agreement.

Appears in 2 contracts

Samples: Agreement, Agreement

Method of Determination. The basic salary schedules provided for in this Agree- ment Agreement shall be increased 1 cent per hour for each full 0.4 of a point increase in the applicable Index above the Base Index. For example, if the increase in the Index from July 2014 October 2001 to July 2015 January 2002 is 1.2 points, all pay scales for rural carrier employees covered by this Agreement will be increased by 3 cents per hour multiplied by 2,080 to determine the annual base rate, with propor- tional proportional application to the evaluated base rates. In no event will a decline in the Index below the Base Index result in a decrease in the pay scale provided for in this Agreement.

Appears in 2 contracts

Samples: National Agreement, Agreement

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Method of Determination. The basic salary schedules provided for in this Agree- ment shall be increased 1 cent per hour for each full 0.4 of a point increase in the applicable Index above the Base Index. For example, if the increase in the Index from July 2014 2007 to July 2015 January 2008 is 1.2 points, all pay scales for rural carrier employees covered by this Agreement will be increased by 3 cents per hour multiplied multi- plied by 2,080 to determine the annual base rate, with propor- tional proportional application to the evaluated base rates. In no event will a decline in the Index below the Base Index result in a decrease in the pay scale provided for in this Agreement.

Appears in 1 contract

Samples: Agreement

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