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one and one-half(1-1/2) times the employee's regular rate of pay as calculated to the nearest one-tenth (1/10) of an hour. 8.2 Call Back If an employee who has completed his/her regular work day is called back to work thirty (30) minutes after the end of the regularly scheduled shift, he/she shall upon reporting in a reasonable time after notification, be compensated for all work performed outside of his/her regular duty shift at the overtime rate, commencing with the time of notification. Except as provided below, in no event shall he/she receive less than two (2) hours of overtime compensation for each such separate call back incident. The two hour minimum overtime payment shall not apply to subsequent call outs occurring within any two hour period. 8.3 Compensatory Time Off(CTO) Employees may be compensated for overtime worked either by monetary payment or by compensatory time off, at the option of the employee. Compensatory time shall accrue at the rate of one and one-half(1-1/2) times the overtime hours worked. Compensatory time off which accrues in excess of eighty (80) hours must be liquidated by monetary payment. All monetary payments for overtime must be paid not later than the next biweekly payroll following the pay period in which the overtime was worked. Utilization of compensatory time off shall be by mutual agreement between the Department Head and the employee. Upon termination, the employee shall be paid for his/her unused compensatory time. Overtime shall not be assigned on the basis of employee's choice of monetary payment or compensatory time off. Employees may, twice per year, be paid for all accrued and unused compensatory time, up to an amount not exceeding eighty (80) hours per calendar year. Said payment shall be made on the first pay day in June and on the first pay day in December. Written requests for payment must be made by the employee fifteen (15) days in advance of the first payday in June and December. Section 9. Standby Time Standby time is that amount of specific and predetermined time that an employee is required to be on call in addition to the normal work day and shall be compensated at a rate of pay equal to twenty(20) hours of pay for each seven(7) day period spent on standby. The hours of daily standby duty for water division employees and sanitary sewer division employees shall be 3:30 p.m. to 7:00 a.m. The requirement that employees in the classification of Utilities Systems Operator I and Utilities Systems Operator II work standby shall be set forth in the job descriptions of such classifications. -12 -