Common use of Lieu Time Clause in Contracts

Lieu Time. (1) An employee may request that overtime hours be taken as time off. (2) Overtime rates to be applied to Lieu Time. (3) Such Lieu Time may be used as holiday extension, sickness, emergency, or otherwise upon request of the employee, provided that such request is approved by the Department Head. (4) An employee may, after three (3) months, request payment for Lieu Time accumulated. Subject to Canada Revenue Agency guidelines, an employee may request payment under this Article be made directly to an employee-designated RRSP. (5) All Lieu Time accumulated must be taken or compensating wages received, not later than the end of the following calendar year. (6) All lieu time will be banked in dollars at the employee’s earned rate at the time it was banked.

Lieu Time. (1) An employee may request that overtime hours be taken as time off. (2) Overtime rates to be applied to Lieu Time. (3) Such Lieu Time may be used as holiday extension, sickness, emergency, or otherwise upon request of the employee, provided that such request is approved by the Department Head. (4) An employee may, after three (3) months, request payment for Lieu Time accumulated. Subject to Canada Revenue Agency guidelines, an employee may request payment under this Article be made directly to an employee-designated employee‐designated RRSP. (5) All Lieu Time accumulated must be taken or compensating wages received, not later than the end of the following calendar year. (6) All Effective 2014 June 16, all lieu time will be banked in dollars at the employee’s earned rate at the time it was banked.

Lieu Time. (1) An employee may request that overtime hours be taken as time off. (2) Overtime rates to be applied to Lieu Time. (3) Such Lieu Time may be used as holiday extension, sickness, emergency, or otherwise upon request of the employee, provided that such request is approved by the Department Head. (4) An employee may, after three (3) months, request payment for Lieu Time accumulated. Subject to Canada Revenue Agency guidelines, an employee may request payment under this Article be made directly to an employee-designated employee‐designated RRSP. (5) All Lieu Time accumulated must be taken or compensating wages received, not later than the end of the following calendar year. (6) All lieu time will be banked in dollars at the employee’s earned rate at the time it was banked.

Lieu Time. ‌ (1) An employee may request that overtime hours be taken as time off. (2) Overtime rates to be applied to Lieu Time. (3) Such Lieu Time may be used as holiday extension, sickness, emergency, or otherwise upon request of the employee, provided that such request is approved by the Department Head. (4) An employee may, after three (3) months, request payment for Lieu Time accumulated. Subject to Canada Revenue Agency guidelines, an employee may request payment under this Article be made directly to an employee-designated employee‐designated RRSP. (5) All Lieu Time accumulated must be taken or compensating wages received, not later than the end of the following calendar year. (6) All lieu time will be banked in dollars at the employee’s earned rate at the time it was banked.