Common use of Conversion of Compensatory Time Clause in Contracts

Conversion of Compensatory Time. An employee promoted from another representation unit to a classification in HAME will be required at the time of promotion to redeem all accrued compensatory time at their regular time hourly rate immediately prior to promotion. As an exception to the foregoing, an employee may elect to have the compensatory time transferred to the Deferred Compensation Plan pursuant to plan rules.

Conversion of Compensatory Time. An employee promoted from another representation unit to a classification in HAME will be required at the time of promotion to redeem all accrued compensatory time at their the regular time hourly rate immediately prior to promotion. As an exception to the foregoing, an employee may elect to have the compensatory time transferred to the Deferred Compensation Plan pursuant to plan rules.