CONVERSION OF FLOATING HOLIDAY HOURS. 1. The City will permit unit employees to convert the dollar value of excess accruals of floating holiday time, which would otherwise be paid to the employee in his/her paycheck, to deferred compensation. 2. The Human Resources Department will assist employees in calculating and arranging such deferrals.
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Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding