29 C.F.R. § 778.409 Provision for overtime pay.
Title 29 - Labor
The section 7(f) contract must provide for compensation at not less than one and one-half times the specified regular rate for all hours worked in excess of the applicable maximum hours standard for the particular workweek. All excessive hours, not merely those covered by the guarantee, must be compensated at one and one-half times (or a higher multiple) of the specified regular rate. A contract which guaranteed a weekly salary of $169, specified a rate of $3.60 per hour, and provided that not less than one and one-half times such rate would be paid only for all hours up to and including 46 [46 FR 7317, Jan. 23, 1981]
Title 29: Labor
PART 778—OVERTIME COMPENSATION
Subpart E—Exceptions From the Regular Rate Principles
Guaranteed Compensation Which Includes Overtime Pay
§ 778.409 Provision for overtime pay.