Time-off option Sample Clauses

Time-off option. The parties to the collective agreement agree that the time-off option in the form established in appendix 1 item 5 will be part of the collective agreements of the years 2016 up to and including 2025.
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Time-off option. By concluding a company agreement and individual agreements based on it, the pos- sibility can be created to convert part or all of the actual increase into paid free time. Instead of increa- sing the actual salary or wage, if you make full use of the free time option, you will be entitled to additio- nal free time of 11 hours 20 minutes per month.

Related to Time-off option

  • Incentive Plans During the Term of this Agreement, Executive shall be entitled to participate in all bonus, incentive compensation and performance based compensation plans, and other similar policies, practices, programs and arrangements of the Company, now in effect or as hereafter amended or established, on a basis that is commensurate with his position and no less favorable than those generally applicable or made available to other executives of the Company. The Executive's participation shall be in accordance with the terms and provisions of such plans and programs. Participation shall include, but not be limited to:

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