Value by Major Function Clause Samples
The 'Value by Major Function' clause defines how the value of goods, services, or deliverables is determined based on their primary or most significant function. In practice, this means that if an item or service serves multiple purposes, its value is assessed according to the main function it performs, rather than secondary or incidental uses. For example, if a piece of equipment is primarily used for manufacturing but can also be used for storage, its value would be based on its manufacturing function. This clause ensures that valuation is fair and relevant to the principal use, preventing disputes over minor or ancillary features.
Value by Major Function. 1316 A. Once calculated, point values for each course shall be maintained in an approved repository. 1317 B. Calculation of load points will be completed as follows using the contact hours as stated on the 1318 official course plan: 1319 CONTACT HOURS ÷ 16 X 10 = points (16 denotes the length of all semesters, regardless 1320 of actual length) 1321 1. Lecture, Laboratory, Clinical, Distance/eLearning, Ensemble Music: One (1) lecture 1322 contact hour per week [credit hour] = ten (10) points. 1323 EXAMPLES: 1324 48 Contact Hours ÷ 16 Weeks × 10 Points = 30 Load Points 1325 80 Contact Hours ÷ 16 Weeks × 10 Points = 50 Load Points 1326
Value by Major Function. 1. Distance Learning Course Development shall be compensated as defined in Article 14.
2. Lecture - one (1) lecture credit hour equals ten (10) points
3. Laboratory\Simulation - one (l) laboratory contact hour per week equals eight (8) points.
4. Clinical - one (1) clinical contact hour per week equals eight (8) points.
5. Faculty of Record - one (1) faculty-of-record course credit hour equals eight
Value by Major Function. 1. Lecture: One (1) lecture credit hour equals ten (10) points.
Value by Major Function. 1. Distance Learning Course Development shall be compensated as defined in Article 14.
Value by Major Function. 1. Distance Learning
a. One Distance Learning instructional credit hour equals ten (10) points.
b. Upon prior approval by the Director of Academic Technology, a faculty member will be compensated five (5) points per credit hour or by additional supplemental activity agreement and/or release time for Distance Learning course development.
Value by Major Function. Distance Learning One Distance Learning instructional credit hour equals ten (10) points.
Value by Major Function. A. Once calculated, point values for each course shall be maintained in an approved repository.
B. Calculation of load points will be completed as follows using the contact hours as stated on the official course plan: CONTACT HOURS ÷ 16 X 10 = points (16 denotes the length of all semesters, regardless of actual length)
1. Lecture, Laboratory, Clinical, Distance/eLearning, Ensemble Music: One (1) lecture contact hour per week [credit hour] = ten (10) points. 48 Contact Hours ÷ 16 Weeks × 10 Points = 30 Load Points 80 Contact Hours ÷ 16 Weeks × 10 Points = 50 Load Points
2. Faculty of Record: One (1) faculty-of-record course credit hour = eight (8) points. However, the maximum number of points awarded for a faculty-of-record course will not exceed forty (40) points.