Common use of VACATION REDEMPTION Clause in Contracts

VACATION REDEMPTION. After 20,800 hours of continuous County (approximately ten (10) years), an employee may elect to receive cash in lieu of up to eighty (80) hours of vacation accrual at the current hourly salary rate. Any such election shall be subject to the following conditions:

Appears in 4 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

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VACATION REDEMPTION. After 20,800 hours of continuous County service (approximately ten (10) years), an employee may elect to receive cash in lieu of up to eighty (80) hours of vacation accrual at the current hourly rate of pay/salary rate. Any such election shall be subject to the following conditions:

Appears in 3 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

VACATION REDEMPTION. After 20,800 hours of continuous District and/or County service (approximately ten (10) years), an employee may elect to receive cash in lieu of up to eighty (80) hours of vacation accrual at the current hourly rate of pay/salary rate. Any such election shall be subject to the following conditions:

Appears in 2 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement

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VACATION REDEMPTION. After 20,800 14,560 hours of continuous County (approximately ten seven (107) years), an employee may elect to receive cash in lieu of up to eighty (80) hours of vacation accrual at the current hourly salary rate. Any such election shall be subject to the following conditions:

Appears in 1 contract

Samples: Memorandum of Agreement

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