Common use of Holiday Pay Option Clause in Contracts

Holiday Pay Option. In June of each year, and in lieu of time off for accrued holiday hours, the City will buy back from each employee a maximum of 30 holiday hours. All other holiday hours accrued shall be used in the fiscal year earned. Time off for accrued holiday leave shall be granted at the discretion of the concerned department head. Holiday leave not used or sold back to the City in the year it is earned will be forfeited.

Holiday Pay Option. In June of each year, and in lieu of time off for accrued holiday hours, the City will buy back from each shift employee a maximum of 30 holiday hours. All other up to 78.65 accrued holiday hours accrued shall be used in from the fiscal year earned. Time off for accrued holiday leave shall be granted accrual bank at the discretion employee's hourly rate of pay in effect at the time of the concerned department headbuyback. Holiday leave not used or sold back to In addition, each employee may request payment for the City in the year it is earned will be forfeited.remaining holiday accrual balance, up to

Holiday Pay Option. In June of each year, and in lieu of time off for accrued holiday hours, the City will buy back from each shift employee a maximum up to 78.65 accrued holiday hours from the holiday accrual bank at the employee's hourly rate of 30 pay in effect at the time of the buyback. In addition, each employee may request payment for the remaining holiday accrual balance, up to 78.65 holiday hours. All other holiday hours accrued shall be used in , at the fiscal year earneddiscretion of the City Manager. Time off for accrued holiday leave shall be granted at the discretion of the concerned department head. Holiday leave not used or sold back to the City in the year it is earned will be forfeited.

Holiday Pay Option. In On the last day of the last full pay period in June of each year, and in lieu of time off for accrued holiday hours, the City will buy back from each employee a maximum of 30 holiday hours. All other holiday hours accrued shall be used in the fiscal year earned. Time off for accrued holiday leave shall be granted at the discretion of the concerned department head. Holiday leave not used or sold back to the City in the year it is earned will be forfeited.

Holiday Pay Option. In June of each year, and in lieu of time off for accrued holiday hours, the City will buy back from each shift employee a maximum of 30 holiday hours. All other up to 78.65 accrued holiday hours accrued shall be used in from the fiscal year earned. Time off for accrued holiday leave shall be granted accrual bank at the discretion employee’s hourly rate of pay in effect at the time of the concerned department headbuyback. Holiday leave not used or sold back to In addition, each employee may request payment for the City in the year it is earned will be forfeited.remaining holiday accrual balance, up to

Holiday Pay Option. In June of each year, and in lieu of time off for accrued holiday hours, the City will buy back from each shift employee a maximum up to 78.65 accrued holiday hours from the holiday accrual bank at the employee’s hourly rate of 30 pay in effect at the time of the buyback. In addition, each employee may request payment for the remaining holiday accrual balance, up to 78.65 holiday hours. All other holiday hours accrued shall be used in , at the fiscal year earneddiscretion of the City Manager. Time off for accrued holiday leave shall be granted at the discretion of the concerned department head. Holiday leave not used or sold back to the City in the year it is earned will be forfeited.