Paid Time Off The Executive shall be entitled to take paid time off in accordance with the Company’s applicable paid time off policy for executives, as may be in effect from time to time.
Compensating Time Off At the time an employee is required or requested to work overtime, the employee may opt for compensating time off at the applicable overtime rate in lieu of overtime pay. If an employee opts for compensating time off in lieu of overtime pay, the time shall be taken at a time mutually agreed to by the employee and the Employer and shall be taken within 24 calendar weeks of the occurrence of the overtime. The Employer will make a reasonable effort to allow time off when requested by the employee. If such time off is not taken by the end of the 24 week period, overtime at the applicable overtime rate shall be paid on the employee's next regular paycheque.
Annual Paid Sick Leave (a) (i) An employee is eligible to accumulate sick leave with full pay at a rate of fifteen (15) working hours for each one hundred sixty-two point five (162.5) hours of service.
Overtime Compensation (a) Overtime worked shall be compensated at the following rates:
Sick Leave Payout No cash payment for unused sick leave will be paid to any employee leaving the service of the Employer.
Paid Sick Leave Employees shall earn and be granted paid sick leave according to the following provisions:
Vacation Payout Where an employee requests in writing to have a specific number of vacation days paid out, and the Employer agrees to the request, the Employer will issue pay in lieu of vacation. Pay in lieu of vacation, if agreed, will be granted only after a minimum of 15 days' vacation time has already been taken in the year.