Common use of Calculation of Rates Clause in Contracts

Calculation of Rates. The rate prescribed for all employees paid in accordance with the provisions of 5.1.1 to 5.1.6 will be calculated in multiples of ten cents, amounts less than five cents being taken to the lower multiple and amounts of five cents or more being taken to the higher multiple.

Calculation of Rates. The rate prescribed for all employees paid in accordance with the provisions of of 5.1.1 to 5.1.6 will be calculated in multiples of ten cents, amounts less than five cents being taken to the lower multiple and amounts of five cents or more being taken to the higher multiple.