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Section 6. Leaves <br /> 6.1(1) Observed Holidays. <br /> The holidays to be observed by management and <br /> confidential employees, except fire battalion chiefs, are <br /> as follows: <br /> A. January 1st <br /> B. The third Monday in January, known as "Martin <br /> Luther King Day" <br /> C. The third Monday in February, known as <br /> "Washington Day" <br /> D. The last Monday in May, known as "Memorial Day" <br /> E. July 4th <br /> F. The first Monday in September, known as "Labor Day" <br /> G. The eleventh day of the eleventh month, known as <br /> "Veteran's Day" <br /> H. Thanksgiving Day <br /> I. The Friday following Thanksgiving Day <br /> J. Christmas Eve Day <br /> K. December 25th <br /> 6.1(2) golidays Falling on Saturday. Sundav or Scheduled Day Off <br /> When a holiday falls on a Sunday, the following Monday <br /> shall be observed; when a holiday falls on a Saturday, <br /> the preceding Friday shall be observed; except that if <br /> Christmas Eve day falls on a Saturday or Sunday, the <br /> preceding Friday shall be observed. If a holiday falls <br /> on an employee's scheduled time off, compensatory time <br /> off shall be granted or, at the option of the employee, <br /> compensation at a rate of pay equal to his regular rate <br /> of pay for the holiday period shall be granted. <br /> 6.1(3) Floatina Holidays <br /> Each management employee, except fire battalion chiefs, <br /> shall be credited with three (3) floating holidays on <br /> January 1st of each year. Management and confidential <br /> employees hired full -time after January 1st, but on or <br /> before June 1st, of any given year shall be credited with <br /> one (1) floating holiday. Floating holidays must be <br /> observed in the calendar year in which they are credited. <br /> - 8 - <br />