Common use of Selling Back Personal Leave Time Clause in Contracts

Selling Back Personal Leave Time. In any calendar year, an Employee may elect to sell back not more than the greater of (a) one-third of the hours then available in the employee’s Personal Leave Time bank or (b) the same number of hours as the minimum number of the hours the employee is required to take during the current payroll year. This election may be made no more than two times during the year so long as the maximum available for sale during that year is not exceeded. All Personal Leave Time hours sold back will be at a rate equal to 100% of the Employee’s current regular straight-time hourly rate. (Amended 2-1-06)

Selling Back Personal Leave Time. In any calendar year, an Employee may elect to sell back not more than the greater of (a) one-third of the hours then available in the employee’s Personal Leave Time bank or (b) the same number of hours as the minimum number of the hours the employee is required to take during the current payroll year. This election may be made no more than that two times during the year so long as the maximum available for sale during that year is not exceeded. All Personal Leave Time hours sold back will be at a rate equal to 100% of the Employee’s current regular straight-time hourly rate. (Amended 2-1-06)

Selling Back Personal Leave Time. In any calendar year, an Employee may elect to sell back not more than the greater of (a) one-third of the hours then available in the employee’s Personal Leave Time bank or of (b) the same number of hours as the minimum number of the hours the employee is required to take during the current payroll year. This election may be made no more than that two times during the year so long as the maximum available for sale during that year is not exceeded. All Personal Leave Time hours sold back will be at a rate equal to 100% of the Employee’s current regular straight-time hourly rate. (Amended 2-1-06)

Selling Back Personal Leave Time. In any calendar year, an Employee employee may elect to sell back not more than the greater of (a) one-third of the hours then available in the employee’s Personal Leave Time bank or of (b) the same number of hours as the minimum number of the hours the employee is required to take during the current payroll year. This election may be made no more than two times twice during the year so long as the maximum available for sale during that year is not exceeded. All Personal Leave Time hours sold back will be at a rate equal to 100% of the Employeeemployee’s current regular straight-time hourly rate. (Amended 2-1-06)