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observed by full time employees in the same or similar classification. In addition, floating holidays shall be credited to each regular part-time employee including job share employees each year at three-quarters (3/4) the annual rate of a full-time employee. Scheduling and observance of said floating holidays shall be in accordance with those procedures established for full time employees. Such floating holidays shall be observed in the calendar year in which they are credited. The change in crediting of floating holidays for regular part time employees shall occur consistent with the conversion procedures established for full time employees. 11.4 Work on a Holiday If in the opinion of the Department Head, the employee's services are needed and required in the interest of the public health, safety or general welfare, the employee shall be compensated at a rate of pay twice that established for regular time for holiday hours worked. 11.5 Holidays Falling on Saturday, Sunday, Scheduled Day Off When a holiday falls on a Sunday, the following Monday shall be observed; when a holiday falls on a Saturday, the preceding Friday shall be observed; except that if Christmas Eve Day falls on a Saturday or Sunday the preceding Friday shall be observed. If a holiday falls on an employee's scheduled time off, compensatory time off shall be granted, or, at the option of the employee, compensation at a rate of pay equal to their regular rate of pay for the holiday period shall be granted. 11.6 Holiday in Lieu Employees in the classifications of police dispatcher, senior police dispatcher and supervising police dispatcher shall be compensated each year for working holidays through receipt of holiday in lieu pay. Said holiday in lieu pay shall be equal to seven and one-half percent (7-1/2%) of the employee's annual salary exclusive of any overtime and shall be in addition to the employee's regular monthly salary. Holiday in lieu pay shall be paid on a bi-weekly basis. Employees in the classification of police dispatcher, senior police dispatcher and supervising police dispatcher shall receive prorated holiday pay upon termination. Section 12. Vacations 12.1 Vacation Eligibility All employees in the competitive service shall be entitled to annual vacation leave with pay except for the following: 1) Employees who have served less than six (6) months in the service of the City. 2) Employees who work on a provisional or temporary basis and all non -regular part- time employees. -16-