Common use of COMPENSATION TIME OFF Clause in Contracts

COMPENSATION TIME OFF. Effective July 1, 1994, two (2) compensation time banks will be established:  Compensation Bank No. 1: This bank provides for the accrual of 80 hours of compensatory time to be paid out only upon separation from employment. The first 80 hours of compensatory time earned by an employee are recorded in this account. No annual buy back of this time is provided.

COMPENSATION TIME OFF. Effective July 1, 1994, two (2) compensation time banks will be established:  ❖ Compensation Bank No. 1: This bank provides for the accrual of 80 hours of compensatory time to be paid out only upon separation from employment. The first 80 hours of compensatory time earned by an employee are recorded in this account. No annual buy back of this time is provided.

COMPENSATION TIME OFF. Effective July 1, 1994, two Two (2) compensation time banks will be are established:  ▪ Compensation Bank No. 1: This bank provides for the accrual of 80 hours of compensatory compensation time to be paid out only upon separation from employmentthis Association. The first 80 hours of compensatory compensation time earned by an employee are recorded in this account. No annual buy back of this time is provided.

COMPENSATION TIME OFF. ‌ Effective July 1, 1994, two (2) compensation time banks will be established:  ▪ Compensation Bank No. 1: This bank provides for the accrual of 80 hours of compensatory time to be paid out only upon separation from employment. The first 80 hours of compensatory time earned by an employee are recorded in this account. No annual buy back of this time is provided.