Common use of VACATION LEAVE CONVERSION Clause in Contracts

VACATION LEAVE CONVERSION. Employees who have accrued a minimum of 120 hours of Vacation Leave may convert a maximum of 80 hours of Vacation Leave to pay per fiscal year. Employees may convert leave to pay in April and/or November of each year, calculated at the employee’s hourly base rate of pay at the time of conversion. Six (6) months prior to date of conversion, half the number of accrued leave hours requested, excluding Sick Leave, must have been taken as time off. Note: usage requirement waived for “activated” military personnel.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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VACATION LEAVE CONVERSION. Employees who have accrued a minimum of 120 Vacation hours of Vacation Leave may convert a maximum of 80 hours of Vacation Leave to pay per fiscal year. Employees may convert leave to pay in April and/or November of each year, calculated at the employee’s hourly base rate of pay at the time of conversion. Six (6) months prior to date of conversion, half the number of accrued leave hours requested, excluding Sick Leavesick leave, must have been taken as time off. Note: The usage requirement is waived for “activated” military personnel.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

VACATION LEAVE CONVERSION. Employees who have accrued a minimum of 120 Vacation hours of Vacation Leave may convert a maximum of 80 hours of Vacation Leave to pay per fiscal year. Employees may convert leave to pay in April and/or November of each year, calculated at the employee’s hourly base rate of pay at the time of conversion. Six (6) months prior to date of conversion, half the number of accrued leave hours requested, excluding Sick Leavesick leave, must have been taken as time off. Note: The usage requirement is waived for “activated” military personnel.

Appears in 1 contract

Samples: Memorandum of Understanding

VACATION LEAVE CONVERSION. Employees who have accrued a minimum of 120 hours of Vacation Leave may convert a maximum of 80 hours of Vacation Leave to pay per fiscal year. Employees may convert leave to pay in April and/or November of each year, calculated at the employee’s hourly base rate of pay at the time of conversion. Six (6) months prior to date of conversion, half the number of accrued leave hours requested, excluding Sick Leavesick leave, must have been taken as time off. Note: usage Usage requirement waived for “activated” military personnel.

Appears in 1 contract

Samples: Memorandum of Understanding

VACATION LEAVE CONVERSION. Employees who have accrued accumulated a minimum of 120 Vacation hours of Vacation Leave may convert a maximum of 80 hours of Vacation Leave to pay per fiscal year. Employees may convert leave to pay in April and/or November of each year, calculated at the employee’s hourly base rate of pay at the time of conversion. Six (6) months prior to date of conversion, half the number of accrued leave hours requested, excluding Sick Leavesick leave, must have been taken as time off. Note: The usage requirement is waived for “activated” military personnel.

Appears in 1 contract

Samples: Memorandum of Understanding

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VACATION LEAVE CONVERSION. Employees who have accrued a minimum of 120 hours of Vacation Leave may convert a maximum of 80 hours of Vacation Leave to pay per fiscal year. Six (6) months prior to date of conversion, half the number of accrued leave hours requested, excluding sick leave, must have been taken as time off. Employees may convert leave to pay in April and/or November of each year, calculated at the employee’s hourly base rate of pay at the time of conversion. Six (6) months prior to date of conversion, half the number of accrued leave hours requested, excluding Sick Leave, must have been taken as time off. Note: usage requirement waived for “activated” military personnel.

Appears in 1 contract

Samples: Memorandum of Understanding

VACATION LEAVE CONVERSION. Employees who have accrued a minimum of 120 hours of Vacation Leave may convert a maximum of 80 hours of Vacation Leave to pay per fiscal year. Employees may convert leave to pay in April and/or November of each year, calculated at the employee’s hourly base rate of pay at the time of conversion. Six (6) months prior to date of conversion, half the number of accrued leave hours requested, requested excluding Sick Leavesick leave, must have been taken as time off. Note: usage requirement will be waived for “activated” military personnel.

Appears in 1 contract

Samples: Memorandum of Understanding

VACATION LEAVE CONVERSION. Employees who have accrued a minimum of 120 Vacation hours of Vacation Leave may convert a maximum of 80 hours of Vacation Leave to pay per fiscal year. Employees may convert leave to pay in April and/or November of each year, calculated at the employee’s hourly base rate of pay at the time of conversion. Six (6) months prior to date of conversion, half the number of accrued leave hours requested, excluding Sick Leavesick leave, must have been taken as time off. Note: The usage requirement is waived for “activated” military personnel.

Appears in 1 contract

Samples: Memorandum of Understanding

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