Union Time Bank. NOTE: The Union time bank allotments for the first year of this Agreement will be pro-rated based on the number of full monthly scheduling periods remaining in the year following the effective date of this Agreement. 11-3.01 The Union’s executive (President, Vice-Presidents, Recording Secretary and Treasurer which may change upon mutual agreement between the Company and the Union) will be allotted a combined total of one thousand two hundred (1200) Company paid hours annually as of January 1st of each year. Any f light release in excess of one thousand two hundred (1200) hours shall be reimbursed to the Company in accordance with 11-7 below. The Recording Secretary shall advise the Company when UFR is to be deducted f rom this bank at the time it is requested. 11-3.02 In addition to the UFR granted in accordance with 11-3.01 above, the Company will allocate a bank of two thousand three hundred (2300) Company paid hours on January 1 of each year. Any f light release in excess of two thousand three hundred (2300) hours shall be reimbursed to the Company in accordance with 7. below. The Recording Secretary shall advise the Company when UFR is to be deducted f rom this bank at the time it is requested. 11-3.03 Union time bank hours in 11-3.01 and 11-3.02 above shall only be accessed for time spent performing Union business in relation to the Company. Time bank hours may not be accessed for any f light release for Union members and representatives while participating in recognized Union activities including but not limited to: Union conventions, executive meetings, Union committees not referenced in Article 12 – Union-Management Relations, meetings to discuss internal Union business, Union workshops, training, conventions, grievance preparation meetings, mediation, and arbitration.
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Samples: Collective Agreement, Collective Agreement, Collective Agreement