Common use of Saved Holidays Clause in Contracts

Saved Holidays. Saved Holidays may be accrued in lieu of observed holidays per the specific provisions of this Article. 1. Up to fifty (50) hours of Saved Holiday time which is not used by the end of the fiscal year can be carried over into the next fiscal year. An employee’s saved holiday bank may not exceed fifty (50) hours. In the event an employee exceeds fifty (50) hours of saved holiday time, the excess time shall be paid at the appropriate rate of pay. 2. Saved Holiday time may be used at the discretion of the employee with the consent of his or her supervisor. Saved Holiday time will be charged in accordance with the uniform time charging provisions of Article 13. 3. Upon separation from service employees will be paid for unused 4. In the event of an employee’s death, his or her heirs will receive payment for unused Saved Holiday time at the employee’s regular rate of pay.

Saved Holidays. 3 Saved Holidays may be accrued in lieu of observed holidays per the 4 specific provisions of this Article. 5 1. Up to fifty (50) hours of Saved Holiday time which is not used by 6 the end of the fiscal year can be carried over into the next fiscal year. An employee’s 7 saved holiday bank may not exceed fifty (50) hours. In the event an employee exceeds 8 fifty (50) hours of saved holiday time, the excess time shall be paid at the appropriate 9 rate of pay. 10 2. Saved Holiday time may be used at the discretion of the employee 11 with the consent of his or her their supervisor. Saved Holiday time will be charged in accordance 12 with the uniform time charging provisions of Article 13. 13 3. Upon separation from service employees will be paid for unusedunused 14 Saved Holiday time at their regular rate of pay. 15 4. In the event of an employee’s death, his or her their heirs will receive 16 payment for unused Saved Holiday time at the employee’s regular rate of pay.