Common use of HOLIDAYS & HOLIDAY PAY Clause in Contracts

HOLIDAYS & HOLIDAY PAY. Subject to the needs of the Agency, eligible employees will be allowed time off with full pay for the following holidays: 1. New Year's Day 2. Xxxxxx Xxxxxx Xxxx, Xx. Day (the third Monday in January) 3. President's Day Observance (the third Monday in February) 4. Memorial Day Observance (the last Monday in May) 5. Independence Day 6. Labor Day Observance (the first Monday in September) 7. Veterans Day Observance (November 11) 8. Thanksgiving Day 9. The Day after Thanksgiving Day 10. Christmas Day 11. Every day appointed by the President or Governor for a public fast, Thanksgiving, or holiday and approved by the Agency. 12. Three (3) floating holidays to be taken at each employee's discretion annually which must be scheduled with the employee’s Department Manager and taken prior to December 31st annually. Floating holiday leave shall be taken in minimum units of one-quarter hour. When any of the above holidays fall on a Sunday, the Monday following shall be observed as the holiday. When any of the above holidays fall on a Saturday, employees shall be entitled to a holiday on the preceding Friday unless the Board of Directors directs that eight (8) hours be added to each full-time employee's annual vacation leave. When any of the above holidays fall on a normal day off for a regularly scheduled employee, regardless of his/her work schedule (e.g., 5-8s, 9/80), an additional eight (8) hours shall be added to the employee’s annual vacation leave. (For purposes of this provision, any regular or probationary employee assigned prior to January 1, 2016, to a 9/80 work schedule shall have nine (9) hours credited to his/her annual vacation leave.)