Common use of Comp Time Clause in Contracts

Comp Time. 19.1 Employees receive a compensatory time bank for all overtime hours worked to a maximum of one hundred (100) hours. Overtime earned when there are one hundred (100) hours in the compensatory time bank shall be paid. An employee may elect to carry over up to forty (40) hours of accumulated compensatory time from one year to the next. The remaining hours in the compensatory time bank shall be zeroed and the balance of hours paid in December of each year. At no time shall the number of hours in an employee's compensatory time bank exceed the maximum of one hundred (100) hours.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Comp Time. 19.1 Employees receive a compensatory time bank for all overtime hours worked to a maximum of one hundred (100) hours. Overtime earned when there are one hundred (100) hours in the compensatory time bank shall be paid. An employee may elect to carry over up to forty sixty (4060) hours of accumulated compensatory time from one year to the next. The remaining hours in the compensatory time bank shall be zeroed and the balance of hours paid in December of each year. At no time shall the number of hours in an employee's compensatory time bank exceed the maximum of one hundred (100) hours.

Appears in 1 contract

Samples: Agreement

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