Deferred Vacation. (a) (Deleted 1-1-09) (b) If an employee forgoes any part of his/her vacation the Company shall pay for the time worked and, in addition, shall pay a vacation pay allowance, provided, however, that in no event shall an employee be permitted at his/her option to forego vacation for the purpose of receiving vacation pay allowance in addition to pay for time worked. Time worked in lieu of time off for vacation shall not be considered overtime as such but shall be compensated at the rates of pay applicable to the work performed. (Amended 1-1-91)
Appears in 9 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Deferred Vacation. (a) (Deleted 1-1-091/1/09)
(b) If an employee forgoes foregoes any part of his/her vacation their vacation, the Company shall pay them for the time worked and, in addition, shall pay a them vacation pay allowance, provided, however, that in no event shall an employee be permitted at his/her their option to forego forgo their vacation for the purpose of receiving their vacation pay allowance in addition to pay for time worked. Time worked in lieu of time off for vacation shall not be considered overtime as such but shall be compensated at the rates of pay applicable to the work performed. (Amended 1-1-91).
Appears in 1 contract
Sources: Employment Agreement