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h. The irrevocable election mast indicate the amount of vacation <br />hours the employee intends to cash -out during the next calendar <br />year. <br />The number of hours to be cashed -out cannot exceed the total <br />number of hours the employee will accrue during that same <br />calendar year, or a maximum of eighty (80) hours, whichever is the <br />lesser amount. <br />c. Once the election funs is submitted to Human Resources, the <br />amoutit of hours to be cashed -out cannot he changed for that <br />calendar year. <br />d. Employees may submit a request for cash -out tip to two (2) tittles <br />per year for payment in .thc I-tra paycltec.H peir W64eh :11eludrisof_ <br />July4 and/or December-4-5. <br />C. In the event mt employee's vacation leave balance (on either pay <br />period when they can elect to cash -out) is less than the amount of <br />hours the employee had previously elected to cash -out (in the prior <br />calendm year), the employee will only receive payment for the <br />amount of accumulated vacation leave remaining at the time of the <br />cash -out in either July or December. <br />If an employee makes an irrevocable election to cash -out vacation <br />in the following calendar year and uses vacation leave during that <br />subsequent calendar year, the vacation leave used will first come <br />from vacation leave the employee had carved (if any) prior to <br />January 1 st of the calendar year the employee had elected to cash - <br />out. The use of such earned, but unused, vacation leave <br />accumulated from previous calendar years shalt not result in a <br />reduction in the amount of vacation hours the employee is eligible <br />to cash -out. <br />2. Except as modified by this Second Amendment and previous amendment, the terms and <br />conditions of the MOU shall remain in full force and effect, <br />IN WITNESS WHEREOF, the parties have executed this Second Amendment to the <br />MOU, on the date and year written above. <br />CITY OF S TA A <br />Alvaro Nunez <br />City Manager <br />`Dk-AoZ y <br />Date <br />