Common use of Time Bank Clause in Contracts

Time Bank. Time off - All hours credited in accordance with Article 13 and all overtime credits received in accordance with Article 7 will be accumulated in a time bank established for each employee. This time bank will provide for a maximum accumulation of eighty (80) hours. Hours in the time bank must be used and/or cashed out by December 31st of the year in which it is accrued except that hours banked on or after December 1st of any year will be credited to the following year’s bank. Employees may make withdrawals from their time bank for the following purposes and in the following manner.

Time Bank. Time off - 14.01 All hours credited in accordance with Article 13 and all overtime credits received in accordance with Article 7 will be accumulated in a time bank established for each employee. This time bank will provide for a maximum accumulation of eighty one hundred and sixty (80160) hours. Hours in the time bank must be used and/or cashed out by December 31st excess of the year in which it is accrued except that hours banked on or after December 1st of any year these maximums will be credited to cleared on the following year’s bankemployee's pay cheque for each pay period. Employees may make withdrawals from their time bank for the following purposes and in the following manner.

Time Bank. Time off - – All hours credited in accordance with Article 13 and all overtime credits received in accordance with Article 7 will be accumulated in a time bank established for each employee. This time bank will provide for a maximum accumulation of eighty (80) hours. Hours in the time bank must be used and/or cashed out by December 31st of the year in which it is accrued except that hours banked on or after December 1st of any year will be credited to the following year’s bank. Employees may make withdrawals from their time bank for the following purposes and in the following manner.

Time Bank. Time off - All hours credited in accordance with Article 13 12 and all overtime credits received in accordance with Article 7 will 9 may be accumulated in a time bank Time Bank established for each employee, and will be credited to the Bank in dollars. This time bank Time Bank will provide for a maximum accumulation of eighty (80) hours. Hours in the time bank must Time Bank can be used and/or cashed out by December 31st of the rolled over from one year in which it is accrued except that hours banked on or after December 1st of any year will be credited to the following next year’s bank. However, the maximum amount of hours in the Time Bank cannot exceed 80 hours. Employees may make withdrawals from their time bank Time Bank for the following purposes and in the following manner.

Time Bank. Time off - 14.01 All hours credited in accordance with Article 13 and all overtime credits received in accordance with Article 7 will be accumulated in a time bank established for each employee. This time bank will provide for a maximum accumulation of eighty minus twenty-four (80-24) hours and plus one hundred and forty (+140) hours. Hours in the time bank must be used and/or cashed out by December 31st excess of the year in which it is accrued except that hours banked on or after December 1st of any year these maximums will be credited to cleared on the following yearemployee’s bankpay cheque for each pay period. Employees may make withdrawals from their time bank for the following purposes and in the following manner.

Time Bank. Time off - All hours credited in accordance with Article 13 and 13.03, all overtime and recall credits received in accordance with Article 7 and all time debits will be accumulated in a time bank established for each employee. This time bank will provide for a maximum accumulation of eighty minus twenty-four (80-24) hours and plus one hundred and forty (+140) hours. Hours in the time bank must be used and/or cashed out by December 31st excess of the year in which it is accrued except that hours banked on or after December 1st of any year these maximums will be credited to the following year’s bankcleared in accordance with Article 507.02. Employees may make withdrawals from their time bank bank, up to the maximums, for the following purposes and in the following manner.: