(a) A teacher, on a flexible teaching assignment, job share or regular part-time assignment, who is required by the Principal or Administration to be at work outside of his/her normally scheduled hours of work but during normal school hours, provided that the teacher can reasonably meet this requirement, shall be entitled to accumulate equivalent banked time for all such time so spent.
(b) Accumulated banked time will be used at a time mutually agreed upon by the teacher and the Principal.
(c) Should a mutually agreeable time for utilizing the accumulated banked time not be possible or if in the opinion of the Board the granting of time off would present an unreasonable hardship on the operation of a school, accumulated banked time will be paid out. There will be no carry over of accumulated banked time from year to year. On the final day of the school year, the teacher shall be paid for any unused banked time accumulated through that school year. Such payment shall be made at the rate of :
Annual Grid Salary * % of time worked * number of unused
(% of time worked * 1,100) Banked Hours
(d) Banked time may not be utilized to extend either the Christmas, Spring, or Summer Breaks.
(e) If the Principal finds it necessary to use the services of a substitute teacher to cover the teacher’s workload at the mutually agreed upon use of the banked time, the Board shall provide a substitute at no cost to the teacher.