Common use of FLSA Exempt Employees Clause in Contracts

FLSA Exempt Employees. Full- and part-time employees not covered under the Fair Labor Standards Act shall receive time off for time worked in excess of forty (40) hours in a workweek at the rate of one (1) hour off for one (1) hour of overtime worked. This time off shall be utilized within one (1) year of being earned or shall be lost.

Appears in 9 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

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FLSA Exempt Employees. Full- and part-time a. FLSA exempt employees not covered under the Fair Labor Standards Act shall receive time off for authorized time worked in excess of a forty (40) hours in a hour workweek at the rate of one (1) hour off for one (1) each hour of overtime worked. This time off shall be utilized within one (1) year of being earned or shall be lost.over forty

Appears in 4 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

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FLSA Exempt Employees. Full- and part-time a. FLSA exempt employees not covered under the Fair Labor Standards Act shall receive time off for authorized time worked in excess of a forty (40) hours in a hour workweek at the rate of one (1) hour off for one each hour over forty (140) hour of overtime worked. This time off shall be utilized within one (1) year of being earned or shall be lostin a workweek.

Appears in 3 contracts

Samples: Letter of Agreement, Letter of Agreement, Letter of Agreement

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