Fred M. Vinson

“ It is conceded that the weekly guaranty was sufficient to pay for 40 hours at the so-called 'regular basic rate' and for 44 additional hours at one and one-half times such 'basic hourly rate.' The contract overtime rate became effective only as to those hours of work in excess of 84. In other words, the 'regular basic rate' referred to in the contracts had no meaning or effect whatsoever unless the employee worked more than 84 hours in a week. Whether he worked 20 hours, 40 hours or 60 hours in a week, he was paid the guaranteed amount. ”