Common use of Time Credit Bank Clause in Contracts

Time Credit Bank. When a Cabin Attendant would like to place items in his time credit bank, he must notify the Company in writing, no later than the 3rd of the following month, of the items he wishes to transfer. Any flight credits (number of credits equivalent to any duty period) may be deposited in his bank. The amount of credits accumulated in this time credit bank is calculated in hours. A Cabin Attendant may withdraw from his bank the number of credits available therein and payment of such credits shall be made at the Cabin Attendant’s hourly rate in effect at the date of the withdrawal. A Cabin Attendant away on a pairing during this time will have 24 hours upon return to his home base to put in his request. The credits transferred will not allow the Cabin Attendant to go below his minimum monthly guarantee. The items that a Cabin Attendant may place in his time credit bank are as follows : • overtime according to Articles B15.02 and B15.02.01; • foreign language credits according to Article B15.05; • training credits according to Article B16.05; • sick leave credits according to Article B16.01.03; • credits over the minimum monthly guarantee (MMG).

Time Credit Bank. When a Cabin Attendant would like to place items in his time credit bank, he must notify the Company in writing, no later than the 3rd of the following month, of the items he wishes to transfer. Any flight credits (number of credits equivalent to any duty period) may be deposited in his bank. The amount of credits accumulated in this time credit bank is calculated in hours. A Cabin Attendant may withdraw from his bank the number of credits available therein and payment of such credits shall be made at the Cabin Attendant’s hourly rate in effect at the date of the withdrawal. A Cabin Attendant away on a pairing during this time will have 24 hours upon return to his home base to put in his request. The credits transferred will not allow the Cabin Attendant to go below his minimum monthly guarantee. The items that a Cabin Attendant may place in his time credit bank are as follows follows: • overtime  Overtime according to Articles Article B15.02 and B15.02.01; • foreign  Foreign language credits according to Article B15.05; • training  Training credits according to Article B16.05; • sick  Xxxx leave credits according to Article B16.01.03; • credits  Flight Directors 30-minutes premium according to Article B15.03.02;  Credits over the minimum monthly guarantee (MMG).