Common use of Trading Days Xxx Clause in Contracts

Trading Days Xxx. Xxxx Xxxxxxx Xxxxxxxx will permit work exchanges between employees as long as such exchanges are done in conformance with federal law. Title 29 of the Code of Federal Regulations, Part 553.31 (29 CFR 553.31), authorizes employees to substitute work assignments on a voluntary basis. All hours worked on an exchanged basis shall be excluded by the District in the calculation of hours for which the substituting employee would otherwise be entitled to overtime compensation under either federal or state law. These same hours shall not be included in any other calculation for hours worked leading to any other benefit provided by the District to the employees. The District shall exempt from all overtime provisions or requirements of ORS 279.340 as related to work assignment substitutions (exchanges), unless the work accepted in the substitution includes scheduled overtime. An exception will be made for trades that occur in the same workday, in which case the traded hours will count toward the weekly overtime calculation. Employees who have entered into a work assignment substitution (exchange) shall perform the work in such an agreement under their own name with the District and be paid by the District at their normal hourly rate of pay (i.e., the employee doing the work for that day will be paid their normal hourly rate by the District.) Neither the District nor its employees shall coerce employees to enter into any work assignment substitutions (exchanges). Work assignments that are substituted (exchanged) are permitted with the following conditions:

Trading Days Xxx. Xxxx Xxxxxxx Xxxxxxxx will permit work exchanges between employees as long as such exchanges are done in conformance with federal lawlaw . Title 29 of the Code of Federal Regulations, Part 553.31 553 .31 (29 CFR 553.31553 .31), authorizes employees to substitute work assignments on a voluntary basisbasis . All hours worked on an exchanged basis shall be excluded by the District in the calculation of hours for which the substituting employee would otherwise be entitled to overtime compensation under either federal or state lawlaw . These same hours shall not be included in any other calculation for hours worked leading to any other benefit provided by the District to the employeesemployees . The District shall exempt from all overtime provisions or requirements of ORS 279.340 279 .340 as related to work assignment substitutions (exchanges), unless the work accepted in the substitution includes scheduled overtimeovertime . An exception will be made for trades that occur in the same workday, in which case the traded hours will count toward the weekly overtime calculationcalculation . Employees who have entered into a work assignment substitution (exchange) shall perform the work in such an agreement under their own name with the District and be paid by the District at their normal hourly rate of pay (i.e.i .e ., the employee doing the work for that day will be paid their normal hourly rate by the DistrictDistrict .) Neither the District nor its employees shall coerce employees to enter into any work assignment substitutions (exchanges)) . Work assignments that are substituted (exchanged) are permitted with the following conditions: