METHODS OF CALCULATION. 224. Bi-Weekly. An employee whose compensation is fixed on a bi-weekly basis shall be paid the bi-weekly salary for his/her position for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay.
METHODS OF CALCULATION. 209. Bi-Weekly. An employee whose compensation is fixed on a bi-weekly basis shall be paid the bi-weekly salary for the employee’s position for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 210. Per Diem or Hourly. An employee whose compensation is fixed on a per diem or hourly basis shall be paid the daily or hourly rate for work performed during the bi-weekly payroll period on a bi-weekly pay schedule. There shall be no compensation for time not worked unless such time off is authorized time off with pay.
METHODS OF CALCULATION. 273. An employee whose compensation is fixed on a monthly basis shall be paid monthly or bi-weekly in accordance with State Law or other applicable provision. There shall be no compensation for time not worked unless such time off is authorized time off with pay.
METHODS OF CALCULATION. 163. Monthly. An employee whose compensation is fixed on a monthly basis shall be paid monthly or bi-weekly in accordance with State Law or other applicable provision. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 164. Bi-Weekly. An employee whose compensation is fixed on a bi-weekly basis shall be paid the bi-weekly salary for his/her position for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay.
METHODS OF CALCULATION. 1. Monthly
METHODS OF CALCULATION. 167. 1. BI-WEEKLY - An employee whose compensation is fixed on a bi-weekly basis shall be paid the bi-weekly salary for his/hers position for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 168. 2. PER DIEM OR HOURLY - An employee whose compensation is fixed on a per diem or hourly basis shall be paid the daily or hourly rate for work performed during the bi-weekly payroll period on a bi-weekly pay schedule. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 169. 3. CONVERSION TO BI-WEEKLY RATES - Rates of compensation established on other than bi-weekly basis may be converted to bi-weekly rates by the Controller for payroll purposes.
METHODS OF CALCULATION. 55 1. Monthly 55 2. Bi-Weekly 55 3. Per Diem or Hourly 56 4. Weekly 56 5. Conversion of Annual or Monthly Rates to Semimonthly or Bi-Weekly 56
METHODS OF CALCULATION. The Company shall not, and shall not permit any Subsidiary, without the prior written consent of the Bank, to change the methods or assumptions used to calculate statutory reserves and for statutory reporting purposes. If the use of practices of accounting otherwise permitted by applicable law (the "Other Practices") but not used by the Company or the Subsidiaries on the date hereof, are later used, such Other Practices shall not be permissible if the result of their use causes compliance with Sections 6.5(b) or 6.21.
METHODS OF CALCULATION. 126.123. Monthly. An employee whose compensation is fixed on a monthly basis shall be paid monthly or bi-weekly in accordance with State Law or other applicable provision. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 127.124. Bi-Weekly. An employee whose compensation is fixed on a bi-weekly basis shall be paid the bi-weekly salary for his/herthe employee’s position for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 128.125. Per Diem or Hourly. An employee whose compensation is fixed on a per diem or hourly basis shall be paid the daily or hourly rate for work performed during the bi-weekly payroll period on a bi-weekly pay schedule. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 129.126. Weekly. An employee whose compensation is fixed on a weekly basis shall be paid bi- weekly for work performed during the bi-weekly payroll period. There shall be no compensation for time not worked unless such time off is authorized time off with pay. 130.127. Conversion of Annual or Monthly Rates to Bi-Weekly Rates. When rates of compensation provided on an annual or monthly basis are converted to bi-weekly rates for payroll purposes and the resulting amount involves a fraction of a cent, the converted bi-weekly rate shall be adjusted to eliminate such fraction of a cent on the following basis: 131.128. a. A fraction of less than one-half (1/2) shall be dropped and the amount reduced to the next full cent. 132.129. b. A fraction of one-half (1/2) or more shall be increased to the next full cent. 133.130. Daily Rates for Monthly and Bi-Weekly Employees. A day's pay shall be determined by dividing the number of work days in a normal work schedule in a monthly payroll period (including specified holidays) into the monthly salary established for the position, or the amount of a day's pay shall be 1/10th of the compensation of a normal work schedule in a bi-weekly period (including specified holidays). 134.131. Conversion to Bi-Weekly Rates. Rates of compensation established on other than bi- weekly basis may be converted to bi-weekly rates by the Controller for payroll purposes.
METHODS OF CALCULATION. (a) For purposes of calculating Net Sales in Morocco under Section 2.01 and 2.02 above, the parties agree as follows:
