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.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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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.

Appears in 2 contracts

Samples: Labor Management Agreement, Labor Management Agreement

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.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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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.

Appears in 1 contract

Samples: Labor Management Agreement

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