Off the top of my head, why don't you just Thread.Join(timeout) and remove the time it took to join from the total timeout?
// pseudo-c#:
TimeSpan timeout = timeoutPerThread * threads.Count();
foreach (Thread thread in threads)
{
DateTime start = DateTime.Now;
if (!thread.Join(timeout))
throw new TimeoutException();
timeout -= (DateTime.Now - start);
}
Edit: code is now less pseudo. don't understand why you would mod an answer -2 when the answer you modded +4 is exactly the same, only less detailed.