Hollon Oil Company will typically grant holiday time off to all "eligible" (completed 90 calendar days of service) Full-Time employees on the 8 holidays listed below when they fall on normal working days:
* New Year's Day (January 1)
* Good Friday (Friday before Easter)
* Memorial Day (last Monday in May)
* Independence Day (July 4)
* Labor Day (first Monday in September)
* Thanksgiving (fourth Thursday in November)
* Christmas Eve (December 24)
* Christmas (December 25)
Holiday pay will be calculated based on the number of hours the employee would otherwise normally have worked on that day (up to 8 hours) times the employee's straight-time pay rate (as of the date of the holiday).
Management will decide annually which days to observe certain holidays and will distribute an Annual Holiday Schedule. A recognized holiday that falls on a Saturday will typically be observed on the preceding Friday. A recognized holiday that falls on a Sunday will typically be observed on the following Monday.
If a recognized holiday falls during an eligible employee's paid absence (e.g., vacation, sick leave), the employee may take the holiday in lieu of a vacation/sick day (both holiday and vacation or sick pay will not be paid for the same day).
If any hourly employee (Eligible or In-Eligible, Full-Time or Part-Time) must work on a holiday, they will be paid for the hours they worked and will receive holiday pay for the number of hours they worked (up to 8 hours).
Paid time off for holidays will not be counted as hours worked for the purposes of determining overtime.
