Common use of Balance Limit Clause in Contracts

Balance Limit. The CTO Balance is the number of hours in the employee’s CTO bank at a specific point in time. A maximum balance limit of eighty (80) CTO hours will be allowed in the CTO bank at any one time. The employee will be compensated with pay for any overtime worked when his/her CTO balance is at or above eighty (80) hours. Once the CTO balance is below eighty (80) hours, accrual may occur again. The General Manager, or designee, may establish a more restrictive balance limit when and if necessary.

Appears in 8 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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