Common use of Maximum Accruals Time of Measurement Clause in Contracts

Maximum Accruals Time of Measurement. Employees may accumulate PTO hours above the maximums provided in Section 9.2. However, except as provided in Section 9.2.2, any PTO hours in excess of the maximum as of January 1 of each calendar year shall be lost.

Maximum Accruals Time of Measurement. Employees may accumulate PTO hours above the maximums provided in Section 9.2. However, except as provided in Section 9.2.20, any PTO hours in excess of the maximum as of the first full pay period after January 1 31 of each calendar year shall be lost.