Common use of Conversion Rates Clause in Contracts

Conversion Rates. In the case of reassignment to a different work week the following conversion factors shall be used to determine the amount of available vacation time. 50 hrs to 40 hrs 40 hrs to 50 hrs 0 to 60 Months .556 1.8 61 to 132 Months .526 1.9 133 to 192 Months .556 1.8 193 months or more .595 1.68

Conversion Rates. A. In the case of reassignment to a different work week the following conversion factors shall be used to determine the amount of available vacation time. 50 hrs to 40 hrs 40 hrs to 50 hrs 0 to 60 Months .556 1.8 61 to 132 Months .526 1.9 133 to 192 Months .556 1.8 193 months or more .595 1.68Current hours available times the conversion rate = new available hours.