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AMENDED ARTICLE X (new language in bold; deleted provisions lined out) <br />10.0 VACATION <br />10.3 Longevity Vacation <br />E. Effective July 1, 2005, employees covered by this Agreement shall be given an option <br />once per calendar year, to receive cash compensation computed on a straight time <br />basis in lieu of up to a total of forty (40) hours of their longevity vacation leave <br />benefits set forth in Subsection A above. <br />F. Effective July 1, 2009, all employees covered by this Agreement shall defer for <br />the duration of Fiscal Year 2009-10 an employee's ability to cash out longevity <br />vacation time. The ability to cash out longevity vacation time shall be re-instated <br />July 1, 2010. Such deferral shall not affect an employee's ability to be <br />compensated for all accumulated leave upon termination of employment with the <br />City. <br />6. For the period July 1, 2010 through June 30, 2013, employees covered by this <br />Agreement shall be given an option once per fiscal year, to receive cosh <br />compensation computed on a straight time basis in lieu of up to a total of fifty- <br />three (53) hours of their longevity vacation leave benefits set forth in subsection <br />A above. <br />H. Effective July 1, 2013, the yearly longevity cash-out provisions shall revert back <br />to that as set forth in section 10.3"E", above. Therefore, effective July 1, <br />2013, employees covered by this Agreement shall be given an option once per <br />fiscal year to receive cash compensation computed on n straight time basis in lieu <br />of up to a total of forty (40) hours of their longevity vacation leave benefits set <br />forth in subsection "A", above. <br />Such option may be eliminated or modified at the discretion of the Department to the extent <br />it is construed as overtime under Department of Labor guidelines implementing provisions of <br />the Fair Labor Standards Act (ELBA). <br />10.4 Limitation on Vacation. <br />A. With the exception of a retiring employee, no employee is granted, and no employee <br />shall be allowed to take, any vacation leave with pay in excess of 400 hours in any one <br />year by any combination of the vacations granted in this Agreement. Further, no <br />employee may carry over from one calendar year to the next more than the equivalent <br />of one longevity vacation period and the equivalent of one regular vacation period <br />from the previous two (2) years, and vacation not taken beyond that amount is <br />forfeited. Therefore, the maximum vacation that an employee with less than six (6) <br />