Leave Conversions Sample Clauses

Leave Conversions. A. An officer shall be allowed to convert his/her annual Holiday Pay and their regular Sick Leave Pay from annualized payments to bi-weekly wages after an officer completes sixteen (16) years of continuous service with the Xxxxxx Police Department. An officer who exercises this option shall be allowed to change from bi-weekly to annualized payments. The option must be exercised in writing on a form provided by the Chief of Police and submitted to the City on a Personnel Action Form.
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Leave Conversions. H. When an employee has been on sick leave, the City reserves the right to make any investigation of the illness it deems necessary, including requiring a doctor's certificate if the employee is off for 40 or more consecutive hours. On the first day of illness, the employee must notify the department a minimum of 30 minutes prior to the shift start time if the employee is to receive sick leave credit.
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Leave Conversions. H. Leave Conversions
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Leave Conversions. A. Employees in this unit may convert up to a total of 200 hours of accrued Vacation Leave and/or Compensatory Time to salary compensation each calendar year. Employees shall have two conversion opportunities each calendar year as specified in Section 16.03(B). The total number of hours converted per calendar year shall not exceed 200. Such conversion shall be at the employee’s base rate of pay that is in effect at the time of such conversion.
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Leave Conversions. Effective, 11:59:59 pm July 11, 2021, officers will no longer be allowed to exercise the leave conversion option allowed in the previous fiscal year’s contract. On July 12, 2021 all converted officers will be unconverted and placed in the appropriate grade of the new pay chart for their rank, at the step identified next to the respective officer’s name in the attached Addendum “D”.
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Related to Leave Conversions

  • Sick Leave Conversion On January 1 of each year, an employee may convert up to a maximum of 30 hours accumulated sick leave at fifty percent (50%) cash value for the sole purpose of reimbursing the employee for medical costs. This conversion is subject to the following:

  • Casual Conversion (a) A casual employee who has been rostered on a regular and systematic basis over a period of 26 weeks has the right to request conversion to permanent employment:

  • Mechanics of Conversion (1) Before any holder of Preferred Shares shall be entitled to convert the same into Ordinary Shares such holder shall surrender the certificate or certificates therefor at the Office and shall give written notice to the Company of the election to convert the same (or any part thereof) and shall state therein the name or names of any nominee for such holder in which the certificate or certificates for shares of Ordinary Shares are to be issued. The Company shall, as soon as practicable thereafter unless such notice states that conversion is to be effective on any later date or when any conditions specified in the notice have been fulfilled in which case conversion shall take effect on such other date or when such conditions have been fulfilled, issue and deliver at such office to such holder of Preferred Shares, or subject to the transfer restrictions contained in these Articles to the nominee or nominees of such holder, a certificate or certificates for the number of shares of Ordinary Shares to which such holder shall be entitled as aforesaid. Such conversion shall be deemed to have been made immediately prior to the close of business on the date of such surrender of the shares of Preferred Shares to be converted, or on any later date or when any conditions specified in the notice have been fulfilled and the person or persons entitled to receive the Ordinary Shares issuable upon such conversion shall be treated for all purposes as the record holder or holders of such Ordinary Shares as of such date. If the conversion is in connection with a QIPO, the conversion may, at the option of any holder tendering Preferred Shares for conversion, be conditioned upon the closing with the underwriter of the sale of securities pursuant to such offering, in which event the person(s) entitled to receive the Ordinary Shares issuable upon such conversion of the Preferred Shares shall not be deemed to have converted such Preferred Shares until immediately prior to the closing of such sale of securities. In the event that the certificate(s) representing the Preferred Shares to be converted as aforesaid are not delivered to the Company, then the Company shall not be obligated to issue any certificate(s) representing the Ordinary Shares issued upon such conversion, unless the holder of such Preferred Shares notifies the Company in writing that such certificate(s) have been lost, stolen or destroyed and executes an agreement satisfactory to the Company to indemnify the Company from any loss incurred by it in connection with such certificates.

  • Annual Conversion Once per fiscal year, an employee may elect to cash out annual leave in the amount of forty

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