All Time Trades.. A. If an employee fails to report for duty on a time trade, the employee will forfeit hours of unscheduled vacation (or scheduled vacation at the employee’s discretion) for the hours of the uncovered trade. If the employee does not have any unscheduled vacation in his bank at the time of the missed trade, and chooses not to forfeit scheduled vacation, the hours will be deducted from the next year’s vacation bank prior to any new vacation time being scheduled for the next year. If the employee terminates employment before the vacation is forfeited, compensation for an equivalent period will be deducted from the employee’s final payout. Vacation forfeited in this manner will be considered as time worked for purposes of the negotiated time trade.
