Common use of OVERTIME CONVERSION Clause in Contracts

OVERTIME CONVERSION. Any employee covered by this Agreement shall have the option of converting all overtime and premium rates excluding flat rates into time off in lieu, subject to: i) making an election on all overtime sheets to convert all or any part of said overtime. ii) the employee due or on scheduled leave or vacation shall be entitled to take this additional leave provided he gives the Company fourteen (14) days prior notice, and such leave shall not be unreasonably denied. This arrangement shall not give rise to red day payments. iii) converted overtime shall be shown separately on the employee's pay statement on separation. iv) flat rates including subsistence allowance and xxxx'x whites are not to be paid on such converted leave. v) An employee may elect in writing to retain his converted overtime leave and be paid into the red, as provided elsewhere under this Agreement, provided that such converted leave will be used before red days for makeup to full pay when he is on medical leave and educational leave. vi) Notwithstanding the foregoing, when an employee, who would otherwise be laid off, is allowed by the company to be paid into the red he shall be required to apply subsequent overtime pay to his red days.

OVERTIME CONVERSION. Any employee covered by this Agreement shall have the option of converting all overtime and premium rates excluding flat rates into time off in lieu, to a maximum of ninety (90) days, subject to: i) making an election on all overtime sheets to convert all or any part of said overtime. ii) the employee due or on scheduled leave or vacation shall be entitled to take this additional leave provided he gives the Company fourteen Fourteen (14) days prior notice, and such leave shall not be unreasonably denied. This arrangement shall not give rise to red day payments. iii) converted overtime shall be shown separately on the employee's pay statement on separation. iv) flat rates including subsistence allowance and xxxx'x whites are not to be paid on such converted leave. v) An employee may elect in writing to retain his converted overtime leave and be paid into the red, as provided elsewhere under this Agreement, provided that such converted leave will be used before red days for makeup to full pay when he is on medical leave and educational leave. vi) Notwithstanding the foregoing, when an employee, who would otherwise be laid off, is allowed by the company to be paid into the red he shall be required to apply subsequent overtime pay to his red days.

OVERTIME CONVERSION. Any employee covered by this Agreement shall have the option of converting all overtime and premium rates excluding flat rates into time off in lieu, subject to: i) making an election on all overtime sheets to convert all or any part of said overtime. ii) the employee due or on scheduled leave or vacation shall be entitled to take this additional leave provided he gives the Company fourteen seven (147) days prior notice, and such leave shall not be unreasonably denied. This arrangement shall not give rise to red day payments. iii) converted overtime shall be shown separately on the employee's pay statement on separation. iv) flat rates including subsistence allowance and xxxx'x whites are not to be paid on such converted leave. v) An employee may elect in writing to retain his converted overtime leave and be paid into the red, as provided elsewhere under this Agreement, provided that such converted leave will be used before red days for makeup to full pay when he is on medical leave and educational leave. vi) Notwithstanding the foregoing, when an employee, who would otherwise be laid off, is allowed by the company to be paid into the red he shall be required to apply subsequent overtime pay to his red days.