Adjustments in salary resulting from a change in a teacher's salary entitlement pursuant to this Agreement, excluding Article 6.04, shall be calculated and paid as follows:
a) Number of teaching days in the current school year to the date of adjustment as a fraction of the total number of days in the current school year, as prescribed by the Minister, times the annual salary rate in effect for that period of time; plus
b) Number of teaching days remaining in the current school year from the date of adjustment as a fraction of the total number of days in the school year, as prescribed by the Minister, times the annual salary rate in effect for that period of time; less
c) The salary paid to the teacher from the beginning of the current school year to the date of adjustment.
d) The balance of salary payable shall be paid based on the new salary or assignment in accordance with the salary schedule in Article 7 in approximate equal monthly installments on the last teaching day, or business day in the case of July and August, for the number of months remaining to August 31st next from the date of the change with any required adjustment being made during the month of change.
e) Thereafter, the teacher shall be paid in accordance with Article 10 - Payment of Salary.