Common use of Maximum PTO Clause in Contracts

Maximum PTO. The maximum number of PTO hours a nurse may accumulate is 13 set forth in Section D (Accrual Rates) above. Once the maximum has been reached, no 14 further hours will accrue until the nurse has taken PTO time off. TStarting in January 15 2022, the non-probationary nurse shall have the ability to cash-out up to 80 hours of 16 accrued PTO once per fiscal quarter*per pay period (not to exceed 120160 hours per 17 year, in accordance with Hospital policy) and no later than the first pay period in 18 December of each calendar year. 19 *Quarter 1 = January through March 20 Quarter 2 = April through June 21 Quarter 3 = July through September 22 Quarter 4 = October through December

Maximum PTO. The maximum number of PTO hours a nurse may accumulate is 13 set forth in 3 Section D (Accrual Rates) above. Once the maximum has been reached, no 14 4 further hours will accrue until the nurse has taken PTO time off. TStarting Starting in 5 January 15 2022, the non-probationary nurse shall have the ability to cash-out 6 up to 80 eighty (80) hours of 16 accrued PTO once per fiscal quarter*per pay period quarter* (not to 7 exceed 120160 one hundred twenty (120) hours per 17 year, in accordance with 8 Hospital policy) and no later than the first pay period in 18 December of each 9 calendar year. 19 *Quarter 1 = January through March 20 Quarter 2 = April through June 21 Quarter 3 = July through September 22 Quarter 4 = October through December