(a) All holidays worked by regularly scheduled employees (Monday-Friday) shall be compensated in addition to the regular holiday pay, double (2) time for all hours worked on such holidays. A minimum of four (4) hours pay at the appropriate overtime rate shall be guaranteed to such employees.
(b) When a holiday falls on a Saturday and the City celebrates the holiday on Friday, if an employee works Friday, they shall be compensated at the double (2) time rate for all hours worked on the Friday. In the event the employee works on Saturday, he shall be compensated time and one-half (1-1/2) for all hours worked on the Saturday. In the event the holiday falls on Sunday and is observed on Monday, this same rule shall apply.