Common use of Use of Stat Bank Clause in Contracts

Use of Stat Bank. Each year, during the fall vacation bid, employees are required to declare the way they will use their Stat Bank credits, the declaration will assign Stat Bank hours to be: | (a) Converted to vacation time IAW Article 15.03.02 or held in the Stat Bank for use as time off later in the year; or | (b) Converted into the employees Cash Bank coincident with the first pay in January.

Use of Stat Bank. Each year, during the fall vacation bid, employees are required to declare the way they will use their Stat Bank credits, the declaration will assign Stat Bank hours to be: | (a) Converted to vacation time IAW Article 15.03.02 or held in the Stat Bank for use as time off later in the year; or | (b) Converted into the employees Cash Bank coincident with the first pay in January.:

Use of Stat Bank. Each year, during the fall vacation bid, employees are required to declare the way they will use their Stat Bank credits, the declaration will assign Stat Bank hours to be: | (a) Converted to vacation time IAW Article 15.03.02 or held in the Stat Bank for use as time off later in the year; or | (b) Converted into the employees Cash Bank coincident with the first pay in January.. |