Common use of Maximum Accrual and Cash Out Clause in Contracts

Maximum Accrual and Cash Out. Earned time off may not be accrued in excess of a nurse's ETO benefit amount for a one and one half (1-½) year period. If a nurse requests ETO in a timely manner and it is not granted, the non-accrual provision of this paragraph will not apply. Up to sixty (60) hours (Code 2) and one hundred twenty (120) hours (Code 1) of ETO may be cashed out each year at the RN's option per Hospital policy.

Appears in 1 contract

Samples: Agreement

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Maximum Accrual and Cash Out. Earned time off may not be 25 accrued in excess of a nurse's ETO benefit amount for a one and 26 one half (1-½) year period. If a nurse requests ETO in a timely 27 manner and it is not granted, the non-accrual provision of this 28 paragraph will not apply. Up to sixty (60) hours (Code 2) and one 29 hundred twenty (120) hours (Code 1) of ETO may be cashed out 30 each year at the RN's option per Hospital policy.. 31

Appears in 1 contract

Samples: Agreement by and Between

Maximum Accrual and Cash Out. Earned time off may not be 7 accrued in excess of a nurse's ETO benefit amount for a one and one 8 half (1-½1 ½) year period. If a nurse requests ETO in a timely manner 9 and it is not granted, the non-accrual provision of this paragraph will 10 not apply. Up to sixty (60) hours (Code 2part-time) and one hundred twenty 11 (120) hours (Code 1full-time) of ETO may be cashed out each year at the 12 RN's option per Hospital policy.

Appears in 1 contract

Samples: Agreement by and Between

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Maximum Accrual and Cash Out. Earned time off may not be 14 accrued in excess of a nurse's ETO benefit amount for a one and 15 one half (1-½) year period. If a nurse requests ETO in a timely 16 manner and it is not granted, the non-accrual provision of this 17 paragraph will not apply. Up to sixty (60) hours (Code 2part-time) and one 18 hundred twenty (120) hours (Code 1full-time) of ETO may be cashed out 19 each year at the RN's option per Hospital policy.. 20

Appears in 1 contract

Samples: Agreement by and Between

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