Common use of Bonus Days Clause in Contracts

Bonus Days. Section 1. At the completion of each calendar year, all full-time Employees covered by this Agreement shall be entitled to receive paid bonus days as set forth in "Appendix B". Paid bonus days shall be taken on the same basis as vacation days in the year following the calendar year which was the basis for allowance thereof or they shall be forfeited. Instead of taking bonus days as time off, eligible Employees may elect to receive part or all of such bonus days in cash. Such election must be made in writing, in accordance with procedures established by the City, and filed with the City no later than January 20 following the year in which such bonus days was earned. Bonus days so elected to be taken in cash will be paid by the City to such electing Employees, at the Employees rate of pay in effect on the December 31st immediately preceding such election, no later than January 31st following such election.

Bonus Days. Section 1. At the completion of each calendar year, all full-time Employees covered by this Agreement shall be entitled to receive paid bonus days as set forth in "Appendix B". Paid bonus days shall be taken on the same basis as vacation days in the year following the calendar year which was the basis for allowance thereof or they shall be forfeited. Instead of taking bonus days as time off, eligible Employees may elect to receive part or all of such bonus days in cash. Such election must be made in writing, in accordance with procedures established by the City, and filed with the City no later than January 20 following the year in which such bonus days was were earned. Bonus days so elected to be taken in cash will be paid by the City to such electing Employees, at the Employees employee's rate of pay in effect on the December 31st immediately preceding such election, no later than January 31st 31 following such election.

Bonus Days. Section 1. At the completion of each calendar year, all eligible full-time Employees covered by this Agreement shall be entitled to receive paid bonus days as set forth in "Appendix B". Paid bonus days shall be taken on the same basis as vacation days in the year following the calendar year which was the basis for allowance thereof or they shall be forfeited. Instead of taking bonus days as time off, eligible Employees may elect to receive part or all of such bonus days in cash. Such election must be made in writing, in accordance with procedures established by the City, and filed with the City no later than January 20 following the year in which such bonus days was were earned. Bonus days so elected to be taken in cash will be paid by the City to such electing Employees, at the Employees rate of pay in effect on the December 31st immediately preceding such election, no later than January 31st following such election.