Common use of Method of Rounding Clause in Contracts

Method of Rounding. All bi-weekly salaries and all hourly wage rates are rounded to the nearest whole cent. -0.50 and over are rounded to the next whole cent (dollar). -0.49 and under are rounded to the last whole cent (dollar).

Appears in 6 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Method of Rounding. All bi-weekly salaries and all hourly wage rates are rounded to the nearest whole cent. -0.50 and over are rounded to the next whole cent (dollar). -0.49 and under are rounded to the last whole cent (dollar).

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.