Banking and Scheduling Overtime Sample Clauses

Banking and Scheduling Overtime. (a) Employees who work overtime may elect to take time off in lieu of overtime pay. The length of time off with pay will be the straight time equivalent to the overtime earnings. Employees shall give notice, by no later than the cut off date for the next regular pay, of their intention to accumulate time off under this Article 21.09, and may bank up to a maximum of forty (40) hours in any six (6) month period. (b) Time off accumulated under this Article 21.09 must be taken at a time mutually agreed with the Employer, and approval of such requests will only be withheld due to bona fide operational requirements. An Employee shall submit their request in writing a minimum of ten (10) calendar days in advance of the date(s) requested, and the Employer shall provide a written response within five (5) calendar days of receipt of the Employee’s written request. (c) An Employee must take accumulated time off within six (6) months of the date the overtime was worked. If an Employee fails to take the requisite time off within the six (6) month time period, the Employer shall have the right to pay out the accumulated time off. (d) An employee may schedule accumulated time off in conjunction with their vacation selection. When such time off is to be scheduled in conjunction with annual vacation, the provisions of Article 24.04 shall apply. (e) Where scheduling conflicts arise with respect to the scheduling of annual vacation and accumulated time off, seniority will prevail.