Common use of Overtime Banking Clause in Contracts

Overtime Banking. Employees desiring to bank overtime may elect to do so under the following criteria: * The half time associated to overtime may be banked up to a total of 24 hours per calendar year. This limit may be replenished throughout the year. * Banked time must be taken in full day increments or the employee may elect to receive the pay. * Employees must have cleared or be scheduled to clear their hours account by December 15. If the account is not cleared then the employee will be paid the balance in cash. * Payment will be based on the current rate of pay at the time the banked time is used. * Time off must be requested in advance, unless bona fide illness. (Company will monitor) * Time off will be subject to Company service requirements and no additional cost to the Company. * Implementation of the Overtime Banking arrangement will be subject to the development of an appropriate computer system.

Overtime Banking. Employees desiring to bank overtime may elect to do so under the following criteria: * The half time associated to overtime may be banked up to a total of 24 hours per calendar year. This limit may be replenished throughout the year. * Banked time must be taken in full day increments or the employee may elect to receive the pay. * Employees must have cleared or be scheduled to clear their hours account by December 15. If the account is not cleared then the employee will be paid the balance in cash. * Payment will be based on the current rate of pay at the time the banked time is used. * Time off must be requested in advance, unless bona fide illness. (Company will monitor) * Time off will be subject to Company service requirements and no additional cost to the Company. * Implementation of the Overtime Banking arrangement will be subject to the development of an appropriate computer system.

Overtime Banking. Employees desiring to bank overtime may elect to do so under the following criteria: * The half time associated to overtime may be banked up to a total of 24 twenty-four (24) hours per calendar year. This limit may be replenished throughout the year. * Banked time must be taken in full day increments or the employee may elect to receive the pay. * Employees must have cleared or be scheduled to clear their hours account by December 1515th. If the account is not cleared cleared, then the employee will be paid the balance in cash. * Payment will be based on the current rate of pay at the time the banked time is used. * Time off must be requested in advance, unless bona fide illness. (Company will monitor) * Time off will be subject to Company service requirements and no additional cost to the Company. * Implementation of the Overtime Banking arrangement will be subject to the development of an appropriate computer system.

Overtime Banking. Employees desiring to bank overtime may elect to do so under the following criteria: * *The half time associated to overtime may be banked up to a total of 24 hours per calendar year. This limit may be replenished throughout the year. * Banked time must be taken in full day increments or the employee may elect to receive the pay. * Employees must have cleared or be scheduled to clear their hours account by December 15. If the account is not cleared then the employee will be paid the balance in cash. * Payment will be based on the current rate of pay at the time the banked time is used. * Time off must be requested in advance, unless bona fide illness. (Company will monitor) * Time off will be subject to Company company service requirements and no additional cost to the Companycompany. * Implementation of the Overtime Banking arrangement will be subject to the development of an appropriate computer system.

Overtime Banking. Employees desiring to bank overtime may elect to do so under the following criteria: * : a) The half time associated to overtime may be banked up to a total of 24 hours per calendar year. This limit may be replenished throughout the year. * . b) Banked time must be taken in full day increments or the employee employees may elect to receive the pay. * . c) Employees must have cleared or be scheduled to clear their hours account by December 15. If the account is not cleared then the employee will be paid the balance in cash. * . d) Payment will be based on the current rate of pay at the time the banked time is used. * . e) Time off must be requested in advance, unless bona fide illness. (Company will monitormoniter) f) * Time off will be subject to Company company service requirements and no additional cost to the Company. * company. g) Implementation of the Overtime Banking arrangement will be subject to the development of an appropriate computer system.

Overtime Banking. Employees desiring to bank overtime may elect to do so under the following criteria: * The half time associated to overtime may be banked up to a total of 24 twenty-four (24) hours per calendar year. This limit may be replenished throughout the year. * Banked time must be taken in full day increments or the employee may elect to receive the pay. * Employees must have cleared or be scheduled to clear their hours account by December 15. If the account is not cleared cleared, then the employee will be paid the balance in cash. * Payment will be based on the current rate of pay at the time the banked time is used. * Time off must be requested in advance, unless bona fide illness. (Company will monitor) * Time off will be subject to Company service requirements and no additional cost to the Company. * Implementation of the Overtime Banking arrangement will be subject to the development of an appropriate computer system.

Overtime Banking. Employees desiring to bank overtime may elect to do so under the following criteria: * The half time associated to overtime may be banked up to a total of 24 hours per calendar year. This limit may be replenished throughout the year. * Banked time must be taken in full day increments or the employee may elect to receive the pay. * Employees must have cleared or be scheduled to clear their hours account by December 15. If the account is not cleared then the employee will be paid the balance in cash. * Payment will be based on the current rate of pay at the time the banked time is used. * Time off must be requested in advance, unless bona fide illness. (Company will monitor) * Time off will be subject to Company company service requirements and no additional cost to the Companycompany. * Implementation of the Overtime Banking arrangement will be subject to the development of an appropriate computer system.

Overtime Banking. Employees desiring to bank overtime may elect to do so under the following criteria: * The half time associated to overtime may be banked up to a total of 24 hours per calendar year. This limit may be replenished throughout the year. * Banked time must be taken in full day increments or the employee may elect to receive the pay. * Employees must have cleared or be scheduled to clear their hours account by December 15. If the account is not cleared then the employee will be paid the balance in cash. * Payment will be based on the current rate of pay at the time the banked time is used. * Time off must be requested in advance, unless bona fide illness. (Company will monitor) * Time off will be subject to Company company service requirements and no additional cost to the Companycompany. * Implementation of the Overtime Banking arrangement will be subject to the development of an appropriate computer system.

Overtime Banking. Employees desiring to bank overtime may elect to do so under the following criteria: * ◆ The half time associated to overtime may be banked up to a total of 24 hours per calendar year. This limit may be replenished throughout the year. * ◆ Banked time must be taken in full day increments or the employee may elect to receive the pay. * ◆ Employees must have cleared or be scheduled to clear their hours account by December 1515th. If the account is not cleared then the employee will be paid the balance in cash. * ◆ Payment will be based on the current rate of pay at the time the banked time is used. * ◆ Time off must be requested in advance, unless bona fide illness. (Company will monitor) * ◆ Time off will be subject to Company service requirements and no additional cost to the Company. * ◆ Implementation of the Overtime Banking arrangement will be subject to the development of an appropriate computer system.

Overtime Banking. Employees desiring to bank overtime may elect to do so under the following criteria: * : (a) The half time associated to overtime may be banked up to a total of 24 hours per calendar year. This limit may be replenished throughout the year. * . (b) Banked time must be taken in full day increments or the employee may elect to receive the pay. * . (c) Employees must have cleared or be scheduled to clear their hours account by December 15. If the account is not cleared then the employee will be paid the balance in cash. * . (d) Payment will be based on the current rate of pay at the time the banked time is used. * . (e) Time off must be requested in advance, unless bona fide illness. (Company will monitor) (f) * Time off will be subject to Company company service requirements and no additional cost to the Company. * company. (g) Implementation of the Overtime Banking arrangement will be subject to the development of an appropriate computer system.