Common use of SICK LEAVE CONVERSION TO VACATION HOURS Clause in Contracts

SICK LEAVE CONVERSION TO VACATION HOURS. An employee with a sick leave balance in excess of nine hundred sixty (960) hours may use a portion of such excess sick leave as vacation time or have the option to pay out, by converting three (3) sick leave days for each one (1) day of vacation time. An employee may convert up to a maximum of fifteen (15) such excess sick leave days (equaling five

SICK LEAVE CONVERSION TO VACATION HOURS. An employee with a sick leave balance in excess of nine hundred and sixty hours (960) hours may use a portion of such excess sick leave as vacation time or have the option to pay out, by converting three (3) sick leave days for each one (1) day of vacation time. An employee may convert up to a maximum of fifteen (15) such excess sick leave days (equaling fiveper calendar year. However, such conversion shall not be permitted if payment of overtime to another employee becomes necessary as a result.