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1.05 HOLIDAYS

Subd. 1 Observed Holidays

The following days shall be designated as holidays when they occur during an administrator's appointment:

Independence Day
Labor DayVeteran's Day*
Thanksgiving Day
Day after Thanksgiving*
Christmas Day
New Year's Day
Martin Luther King Day
Presidents' Day*
Memorial Day
Floating Holiday (see below)

* The Chancellor/president may designate an alternate day for the observance of the asterisked holidays.

When any of the above holidays falls on a Saturday, the preceding day shall be a holiday. When any of the above holidays falls on a Sunday, the following Monday shall be a holiday.

In order to receive a paid holiday, an eligible administrator must be in payroll status on the normal work day immediately preceding the holiday and the normal work day immediately following the holiday(s). Part-time administrators shall be paid for the number of hours s/he would have worked had there been no holiday.

Subd. 2 Floating Holidays

An administrator shall receive one floating holiday each fiscal year. The scheduling of such a day shall be by mutual agreement between the Chancellor/president or designee and the administrator. The floating holiday shall be taken in the fiscal year in which it is earned, or it is lost.

Subd. 3 Religious Holidays

When a religious holiday not observed as one of those holidays listed above falls on an administrator's regularly scheduled work day, the administrator shall be entitled to that day off to observe the religious holiday.

Time to observe a religious holiday shall be taken without pay unless the administrator uses accumulated annual leave or, by mutual consent with the appointing authority, is able to work an equivalent number of hours at some other time during the fiscal year to compensate for the hours lost. An administrator shall notify his/her supervisor of his/her intention to observe a religious holiday in advance of the holiday.