Examples of Statutory Holiday in a sentence
There shall be a twenty-four (24) hour rest period, in addition to the rest periods described in subparagraphs (a)(i), (b) and (c) above, for each Employee for a Statutory Holiday.
An employee who works on a Statutory Holiday shall receive pay at the overtime rate for hours worked in addition to any applicable holiday pay unless such employee elects to take time off with pay in an amount equal to the overtime rate for hours worked and any applicable holiday pay.
It is understood and agreed that four percent (4%) of the gross wages is to be considered Vacation Pay and six percent (6%) of the gross wages is to be in lieu of Statutory Holiday Pay.
In any event, the day off in lieu will be scheduled prior to the end of the following calendar year of the date of the Statutory Holiday worked and wherever possible will be tied to the employee's regular days off or annual vacation.
Statutory Holidays (Monday to Friday): Two times (2T) plus a Statutory Holiday credit for hours worked up to normal hours for the day.