Common use of Vacation Sell-Back Program Clause in Contracts

Vacation Sell-Back Program. On an optional basis employees may elect to sell back a maximum of 120 hours of their accumulated vacation balance. A maximum of three weeks can be sold back at ⅔ of its value in the month of November. Employees who choose this option must maintain a minimum balance of 80 hours of vacation time after November 30.

Vacation Sell-Back Program. On an optional basis employees may elect to sell back a maximum of 120 hours portion of their accumulated vacation balance. A maximum of three weeks can be sold back at ⅔ of its value in the month of November. Employees who choose this option must maintain a minimum balance of 80 hours of vacation time after November 30.