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6.2 B <br /> Page 11 <br /> When the employee's vacation Ieave is converted to sick Eeave, the appropriate <br /> vacation credlt shall be restored to the emp{oyee's earned vacation ba{ance, and <br /> a reasonable opportunity to utilize fihis vacation tredit shal! be provided within <br /> the City's existing practices in order ta avoid loss of vaCation credit. <br /> b. In-Lieu Hours - In-Lieu Hours are established ta recognize the inherent and <br /> distinctive terms and conditions of employment of Executive Management <br /> classifications. These positions are distinguished from a!! other merit system <br /> positions in �hat they serve solely afi the pleasure af the City Manager or <br /> appointing authority in an exempt at wilf capacity, they may be removed without <br /> cause, and they are expected to work on call numeraus hours beyond the regular <br /> work week without any additional fiorm of compensation. <br /> In partial recagnition of the extra work haurs expected of these qasitions, in-lieu <br /> hours are estabfished. Executive Management is eligibfe to receive ane hundred <br /> sixty {160) hours per calendar year of in-iieu hours. This leave may be taken as <br /> time off, paid in cash for any portion of this leave remaining as of December 31 <br /> of the calendar year or may go in�o your 4Q1-A account (based on your <br /> enrollment election). N�wly appainted Executive Management employees who <br /> have served less than one full calendar year may receive a prorated portion of <br /> this leave at the discretion of the City Manager. <br /> c. Holidavs - The following are recognized holidays: <br /> New Year`s Day <br /> Martin Luther King, Jr. Day (observed on the third Monday in January) <br /> i�Vasflitly��t►'S �irtt�ddy ��k�S�rVec� �r� t�ie thi�`d Nit7tlCiay ii� F��rUary) <br /> Memorial Day {observed on the iast Monday in May) <br /> Tndependence Day <br /> �abor Day (observed an the first Monday in September) <br /> Veterans Day (observed November 11} <br /> Thanksgiving Day <br /> The Day After Thanksgiving <br /> Christmas Eve <br /> Christmas Day <br /> New Year's Eve <br /> Two Administrative Hoiidays <br /> • Administra�ive Hotiday - At the option of the employee, an employee may <br /> receive pay at the employee's straight-time rate af pay in lieu of one ar both <br /> of the administrative halidays �t eight {8) hours per administrative haliday. <br /> 5 <br />