Common use of Base Hourly Rate Clause in Contracts

Base Hourly Rate. For purposes of payroll computation, the base hourly rate for all affected employees shall be the applicable base salary multiplied by 12 and divided by 2080.

Appears in 4 contracts

Sources: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

Base Hourly Rate. For purposes of payroll computation, the base hourly rate for all affected employees shall be the applicable base salary as set forth in Appendix A multiplied by 12 and divided by 2080.

Appears in 1 contract

Sources: Memorandum of Understanding

Base Hourly Rate. For purposes of payroll computation, the base hourly rate for all affected employees shall be the applicable base salary as set forth in Article IV.B multiplied by 12 and divided by 2080.

Appears in 1 contract

Sources: Memorandum of Understanding