Section 1a. Regular full-time employees shall be entitled to the following paid holidays within each contract year:
New Year's Day
President's Day
Memorial Day
Independence Day
Labor Day
Thanksgiving Day
Christmas Day
Section 3. Holiday Pay or Equivalent Time Off - A regular full-time employee or a regular part-time employee who works on any of the holidays listed in Section 1 of this Article shall be granted a day off at the regular compensation rate within sixty (60) days before or after the holiday worked. In addition, all regular full-time and regular part-time employees who work any of the holidays listed in Section 1 of this Article will be paid at the rate of time and one-half (1 ½ ) for all hours worked on the holiday. Per Diem, employees will be paid at time and one-half (1 ½) for working Thanksgiving, Christmas, and New Years' and one of the summer holidays but will not receive a day off for working a holiday.