Relativistic Dynamics is based on Hypothesis II and employs two temporal variables: a coordinate time, and an evolution parameter. The evolution parameter, or parameterized time, may be viewed as a physically measurable quantity, and a procedure has been presented for designing evolution parameter clocks. By recognizing the existence of a distinct parameterized time and a distinct coordinate time, the conflict between a universal direction of time and a time that may proceed as readily from future to past as from past to future is resolved. The distinction between parameterized time and coordinate time removes ambiguities in the properties associated with the two temporal concepts in Relativistic Dynamics.