Common use of Time Bank Clause in Contracts

Time Bank. All hours credited in accordance with Article and all overtime credits received in accordance with Article will be accumulated in a time bank established for each employee. This time bank will provide for a maximum accumulation of minus (-24) hours and plus one hundred and forty hours. Hours in excess of these maximums will be cleared on the employee's pay cheque for each pay period. Employees may make withdrawals from their time bank for the following purposes and in the following manner.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Time Bank. 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 minus (-24) hours and plus one hundred and forty sixty (160) hours. Hours in excess of these maximums will be cleared on the employee's pay cheque for each pay period. Employees may make withdrawals from their time bank for the following purposes and in the following manner.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

Time Bank. All hours credited in accordance with Article 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 minus twenty-four (-24) hours and plus one hundred and forty (+140) hours. Hours in excess of these maximums will be cleared on the employee's pay cheque for each pay periodin 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.:

Appears in 1 contract

Samples: Collective Agreement

AutoNDA by SimpleDocs

Time Bank. 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 minus twenty-four (-24) hours and plus one hundred and forty (+140) hours. Hours in excess of these maximums will be cleared on the employee's ’s pay cheque for each pay period. Employees may make withdrawals from their time bank for the following purposes and in the following manner.

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!