Maximum Compensatory Time. Lieutenants may accumulate no more than forty (40) hours of compensatory time. All compensatory time in excess of forty (40) hours at the end of each month will be cashed out as paid overtime except as provided below in Subsection 10.5 E 2. All overtime cashed out at the end of each month in accordance with this Subsection shall be paid on the tenth (10th) of the following month. It is the responsibility of the employee and his or her supervisor to monitor accrued compensatory time and to make mutually agreeable arrangements for its use. Compensatory time hours in the separate bank created by the April 29, 2003 Settlement Agreement between the Association and WSP (see Appendix C) will not count against this limit.
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Sources: Collective Bargaining Agreement, Collective Bargaining Agreement