Common use of Sellback Clause in Contracts

Sellback. Any employee who has completed his/her initial probation without a break in service in a Department position by the due dates listed below may elect to exchange up to 50 hours of vacation leave for up to 50 hours of gross salary, excluding overtime. The rate of pay will be the same as what is received if the employee were to work his/her regular shift. Sellback of vacation leave shall only be paid on the first payday of each November. Employees shall submit their request for sellback by October 1st of each year.

Sellback. Any employee who has completed his/her initial probation without a break in service in a Department position by the due dates listed below may elect to exchange up to 50 40 hours of vacation leave for up to 50 40 hours of gross salary, excluding overtime. The rate of pay will be the same as what is received if the employee were to work his/her regular shift. Sellback of vacation leave shall only be paid on done the first payday of each NovemberDecember. Employees shall submit their request for sellback by the following dates: November 4, 2005; November 3, 2006; November 2, 2007; and October 1st of each year31, 2008.

Sellback. Any employee who has completed his/her initial probation without a break in service in a Department position by the due dates listed below may elect to exchange up to 50 40 hours of vacation leave for up to 50 40 hours of gross salary, excluding overtime. The rate of pay will be the same as what is received if the employee were to work his/her regular shift. Sellback of vacation leave shall only be paid on the first payday of each November. Employees shall submit their request for sellback by October 1st of each year.

Sellback. Any employee who has completed his/her initial probation without a break in service in a Department position by the due dates listed below and has maintained continuous service, may elect to exchange up to 50 40 hours of vacation leave for up to 50 40 hours of gross salary, excluding overtime. The rate of pay will be the same as what is received if the employee were to work his/her regular shift. Sellback of vacation leave shall only be paid on done a the first payday of each NovemberDecember. Employees shall submit their request for sellback by October 1st of each yearthe following dates: November 9, 2001; November 8, 2002; November 7, 2003; and November 12, 2004.