Stats on Saturdays and Sundays. If a recognized holiday occurs on the employee's regular scheduled day off, the employee shall receive a day off with pay at a mutually agreed upon time or a days pay, whichever the employee chooses. If no mutually agreed upon date, the scheduled day off will be taken adjacent to the holiday. If the Company requires a certain number of employees to take the holiday on the day prior to the stat holiday and others on the day after a stat holiday the employees are entitled to elect in order of seniority and classification which day they wish, provided that it is consistent with the efficient operation of the Company. In the application of this Article the Company shall give as much notice as possible.