Banking Statutory Holidays. Full Time Regular Employees working forty (40) hours per week, may elect to bank Statutory Holidays by seniority of either six (6) or eight (8) days. If, when taking the time off, the employee has not earned the Statutory Holidays, the employee may take the time off without pay. If such employees elect not to bank Statutory Holidays, they shall nevertheless be required to work any holiday scheduled as a work day in accordance with Article 13.03 and they shall not receive another day off in lieu.
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Samples: Collective Agreement, Collective Agreement, Collective Agreement