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10.5 A maximum of one (1) year of accrued Holiday leave time hours ~-e#+ts may ne# be <br />carried over from one calendar year to the next. <br />Effective July 1, 2010, employees choosing to cash out their holiday time may do so <br />to n maximum value of 1.33 x 108 hours, or 144 hours per year. Such limit on yearly <br />cash-out shall not affect an employee's ability to be compensated for the accumulated <br />holiday leave time upon separation from employment with the City, not to exceed a <br />maximum of 216 hours. <br />AMENDED ARTICLE XI (new language in bold) <br />11.2 Regular Vacation Period <br />E. Computation of Regular Vacation <br />2. No employee may carry over from one calendar year to the next more than the <br />equivalent of #we three (3) regular vacation periods and #~e three (3) longevity <br />vacation periods from the previous two years, and vacation not taken beyond that amount <br />is forfeited. A regular vacation period is defined as the maximum amount of vacation <br />earned in a calendar year as provided in Subsection A above. <br />3. The time at which an employee shall take his or her vacation shall be determined by <br />seniority within rank, with due regard for the needs of the Department. <br />4. For the term of this Agreement, the policy requiring minimum mandatory annual <br />pre-selected vacations as set forth in the Manual of Operations (M.O.O.) shall be <br />suspended. For the term of this Agreement, annual pre-selected vacation will be <br />voluntary and n M.O.O. policy shall be drafted to reflect this change. Additionally, <br />all employees shall be given the option to cancel and bank their unused Calendar <br />Year 2009 pre-selected vacations (subject to maximum vacation accrual limitations). <br />11.3 Longevity Vacation. <br />D. All s employees covered by this Agreement shall be given an option, twice per <br />calendar year, concurrent with the holiday cash out option, to receive cash compensation <br />on a straight time basis in lieu of all or part of their longevity vacation leave benefits set <br />forth in Subsection A above. <br />FBA Contract Extension Draft for FBA Review June 4, 2009 Page 4 <br />