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                   b)  Computation of Overload Honorarium/ pay:
                         PHTR x Overload Hours

               4.3 Computed overload honorarium/ pay is paid proportionately based on the amount available
               for honoraria. Only a maximum of 3 overload units or 54 hours will be paid for the Graduate load
               and the excess, if any,  will be charged to the Undergraduate overload pay/ honorarium. The
               maximum overload pay or honorarium to be paid for both the Graduate and the Undergraduate/
               High School will be 6 overload.

                       Faculty teaching equivalent / units load per week:
                            18 units- teaching load per week
                            21 units- teaching load per week
                            24 units- teaching load per week
                            40 hours-no. of hours for five (5) days a week or eight (8) hours a day.

                       Equivalent Ratio:

                            18: : 40      = 2.22 equivalent unit per hours

                            21: : 40     = 1.90 equivalent unit per hours

                            24: :40      = 1.66 equivalent unit per hours



               Example:

                   1)  A faculty with a teaching overload of 3 units per semester based on 24 units maximum
                       load using the no. 1 ratio 2.2 equivalent units per hour.

               Computation

                              54            hours/ semester
                           X 2.22             equivalent units  per hour
                             19.88            equivalent units  per semester

                       =119.88
                          8 hours (no. of working hours a day)
                       =14.98 days leave credits


               5.0 NOTICE OF ENTITLEMENT OF CONVERTED VACATION LEAVE CREDITS

                    5.1 The University President will issue a Special Order to all concerned offices regarding the
                        list of faculty members who are entitled to converted leave credits.
                    5.2 Individual faculty members entitled to converted credits will be issued a letter- notice
                        signed  by  the  President  or  his  duly  authorized  representative,  copy  furnished  the
                        Personnel Office and the Records Office.
                    5.3 The Personnel Office will enter the converted leave credits to the individual leave ledger
                        of the faculty.
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