Common use of Credit Equivalent Clause in Contracts

Credit Equivalent. Employees covered herein on a three (3) platoon work schedule shall have vacation credits charged as follows for the total number of vacation days used in the calendar year: Scheduled Days Off Charge from Vacation Credits For employees on a platoon work schedule two (2) twelve (12) hour vacation periods, shall be added together to equal one (1) platoon vacation day. These days shall be added to any other vacation days and subtracted from the total credits as provided by the above schedule. Any additional vacation period of less than 24 hours shall be charged credits at the rate of 1/4 credit(s) for each two (2) hours of vacation taken.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement