OPTION DAYS Sample Clauses
The "Option Days" clause defines a specific period during which a party has the right to exercise an option outlined in the agreement. Typically, this clause will specify the exact number of days available for the option holder to notify the other party of their decision, such as extending a lease, purchasing property, or renewing a contract. By clearly establishing the timeframe for exercising rights, the clause ensures both parties understand their obligations and prevents disputes over missed deadlines or unclear option periods.
OPTION DAYS. In package centers with more than fifty (50) bid drivers, the option day guarantee shall be two (2) on Fridays only: when that center has demonstrated a center average absentee rate of three percent (3%) or less. The taking of option days shall be as outlined in the CRT Agreement. All other operations will abide by the language in Article 15, Section 1 of the CRT Agreement.
OPTION DAYS. Seniority General Office employees on the payroll prior to February 1, 1975 will receive two (2) option days off in addition to the present labor agreement, Article 15, Central Region Supplemental Agreement. The following employees are those who are entitled to the above: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇
OPTION DAYS. In package centers with more than fifty (50) bid drivers, the option day guarantee shall be two (2)