Common use of PURCHASE OF VACATION HOURS Clause in Contracts

PURCHASE OF VACATION HOURS. Each member of CODE shall have the right to purchase up to forty (40) hours of vacation time during each payroll year at their standard hourly rate if the employee has less than 80 hours of vacation accrued at the time of purchase. Employees wishing to purchase vacation shall do so over 26 pay periods via payroll deduction. Employees must also sign an agreement to reimburse the City if the employee leaves City service prior to the end of the 26 pay periods.

PURCHASE OF VACATION HOURS. ‌ Each member of CODE shall have the right to purchase up to forty eighty (4080) hours of vacation time during each payroll year at their standard hourly rate if the employee has less than 80 hours of vacation accrued at the time of purchase. Employees wishing to purchase vacation shall do so over 26 pay periods via payroll deduction. Employees must also sign an agreement to reimburse the City if the employee leaves City service prior to the end of the 26 pay periods.

PURCHASE OF VACATION HOURS. Each member of CODE shall have the right to purchase up to forty eighty (4080) hours of vacation time during each payroll year at their standard hourly rate if the employee has less than 80 hours of vacation accrued at the time of purchase. Employees wishing to purchase vacation shall do so over 26 pay periods via payroll deduction. Employees must also sign an agreement to reimburse the City if the employee leaves City service prior to the end of the 26 pay periods.

PURCHASE OF VACATION HOURS. (A) Each member of employee represented by CODE shall have the right to purchase up to forty one hundred and twenty (40120) hours of vacation time during each payroll year at their standard hourly rate if the employee has less than 80 hours of vacation accrued at the time of purchase. Employees wishing The employee may purchase up to eighty (80) hours of vacation time at once. The employee may not purchase additional vacation shall do so over 26 pay periods via payroll deduction. Employees must also sign an agreement to reimburse time until the employee fully repays the City if for all previously purchased vacation time. Once the previous vacation time purchase is repaid, the employee leaves City service prior may purchase additional vacation time up to the end of the 26 pay periodsone hundred and twenty (120) total hours.

PURCHASE OF VACATION HOURS. Each member of CODE employees shall have the right to purchase up to forty (40) hours of vacation time during each payroll year in a 12-month period at their standard hourly rate if the employee has less than 80 hours of vacation time accrued at the time of purchase. Employees wishing to purchase vacation shall do so over 26 pay periods via payroll deduction. Employees must also sign an agreement to reimburse the City if for vacation used, but not paid for should they leave the employee leaves City service prior to the end of the 26 pay periodsCity’s employ.

PURCHASE OF VACATION HOURS. Each member of CODE employees shall have the right to purchase up to forty (40) hours of vacation time during each payroll year in a 12-month period at their standard hourly rate if the employee has less than 80 hours of vacation time accrued at the time of purchase. Employees wishing to purchase vacation shall do so over for up to 26 pay periods via payroll deduction. Employees must also sign an agreement to reimburse the City if for vacation used, but not paid for should they leave the employee leaves City service prior to the end of the 26 pay periodsCity’s employ.