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10 SLMO 2023-2028 Memorandum of Understanding <br />period, regardless of whether more than one birth, adoption or foster care placement event occurs within that 12-month rolling time frame. <br />4.8 Compensatory Time Cash Out: Employees promoting into the San Leandro <br />Management Organization will have any accrued compensation time off cashed out immediately prior to promotion. Management employees are not eligible to earn compensatory time off. <br />Section 5.0 Holidays <br /> Full-time regular employees shall be entitled to the following holidays: January 1 (New Year's Day) Third Monday in January (Martin Luther King's Birthday) Second Monday in February (Lincoln's Birthday) <br /> Third Monday in February (Washington's Birthday) March 31 (Cesar Chavez Day) Last Monday in May (Memorial Day) June 19 (Juneteenth) July 4 (Independence Day) <br /> First Monday in September (Labor Day) November 11 (Veterans' Day) Thanksgiving Day Day after Thanksgiving One-half (½) day on the day before Christmas <br /> One-half (½) day on the day before New Year's Day Christmas Holidays will be credited at eight (8) hours for one (1) holiday, which equates to 112 hours per year. When a day herein listed falls on an employee's regular day off, the employee <br />shall be entitled to a day off in lieu thereof within the calendar year. The day selected shall be subject to approval of the Department Head. Management employees who work a designated alternative work schedule during a week that contains a holiday may work the hours necessary to account for the hour(s) in excess <br />of eight (8) that the employee would have worked on the holiday in lieu of taking the time as vacation or VTO. The hour(s) worked shall be scheduled at a time mutually convenient to the employee and the Department Head. Each employee represented by the organization shall also be entitled to one floating <br />holiday, which shall be scheduled at time mutually convenient to the employee and the Department Head. The floating holiday must be taken during each calendar year and may not be carried over to another calendar year or converted into pay. Such holiday shall be granted to employees hired on or before September 1 of each calendar year. <br /> <br />DocuSign Envelope ID: EF681A38-577E-416B-B307-EA76BB515AD5