Common use of Overtime Payout Clause in Contracts

Overtime Payout. (a) An Employee may take time off in lieu of pay for overtime worked. Such time off shall occur at a mutually agreed time. Where the Employee chooses to take pay for overtime worked, such pay shall be paid within two (2) pay periods of the written request of the Employee. (b) Employees may be permitted to continuously carry an accumulation of up to seventy-five (75) hours. The Employer shall divide the year into four (4)

Overtime Payout. (a) An Employee may take time off in lieu of pay for overtime worked. Such time off shall occur at a mutually agreed time. Where the Employee chooses to take pay for overtime worked, such pay shall be paid within two (2) pay periods of the written request of the Employee. (b) Employees may be permitted to continuously carry an accumulation of up to seventy-five seventy (7570) hours. The Employer shall divide the year into four (4)