(a) When a regularly scheduled employee (Monday-Friday) works on a holiday, the employee shall be compensated for the holiday plus double time for all hours worked on such holiday. 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 worked Friday the employee shall be compensated at the double time rate for all hours worked on the Friday. In the event the employee works on Saturday, the employee shall be compensated at time and one-half (1½) for all hours worked on Saturday. In the event the holiday falls on Sunday and is observed on Monday, this same rule shall apply.