5Vacation Clause Samples
The Vacation clause defines the rules and entitlements regarding an employee's paid time off from work. It typically outlines how much vacation time employees accrue, the process for requesting and approving vacation, and any restrictions on when vacation can be taken or carried over to subsequent years. By establishing clear guidelines for vacation, this clause ensures both employer and employee understand their rights and obligations, helping to prevent disputes and maintain workplace productivity.
5Vacation. During the Term of Employment, the Executive shall be entitled to use her remaining accrued but unused days of paid vacation for the remainder of the 2015 calendar year, in accordance with the Company’s vacation policy, and any accrued but unused days of paid vacation remaining at December 31, 2015 shall be handled in accordance with the Company’s vacation policy. Executive shall not be entitled to any paid vacation days for the 2016 calendar year.
5Vacation. During the term of Executive’s employment with the Company, Executive shall accrue five weeks of paid time off per calendar year (prorated for partial years), subject to the Company’s paid time off policy, as in effect from time to time.
5Vacation. Employee shall have the right during each one year period of the term of this Agreement to earn and accrue four weeks of paid vacation, in accordance with and subject to the provisions of the Company’s vacation policy in effect from time to time. Employee may take accrued vacation at such times that are mutually convenient to Employee and the Company, subject to the business requirements of the Company.
5Vacation. The Executive shall be entitled to paid annual leave in accordance with the Company’s annual leave policy in effect from time to time, subject to applicable law. Executive understands that it is the Company’s intention to provide an unlimited annual leave policy; provided, however, the Company reserves the right to modify its annual leave policy at any time in its discretion.
5Vacation. During the Employment Period, the Executive shall be entitled to twenty five (25) days of paid vacation each year, subject to the Company’s vacation policy in effect from time to time.
5Vacation. Executive shall be entitled to an aggregate of up to [five] weeks leave for vacation for each calendar year during the Term at full pay. Executive agrees to give reasonable notice of his vacation scheduling requests, which shall be allowed subject to the Company’s reasonable business needs. No more than five (5) days vacation may be carried over from one year to the next year.
5Vacation. Executive will be entitled to vacation in accordance with the Company’s vacation policy for senior executives of four weeks per calendar year of paid vacation.
5Vacation. The Company’s “Holiday Year” is a calendar year. The Executive shall be entitled to 25 days of paid vacation, plus public and bank holidays in England and Wales, each Holiday Year in accordance with the Company’s vacation policy, as in effect from time to time. Such vacation leave entitlement in the first and last years of Executive’s employment shall be pro-rated accordingly. Executive shall not carry forward any accrued but untaken paid vacation entitlement to a subsequent Holiday Year unless he has been prevented 4849-3018-1870 v.4 from taking it in the relevant Holiday Year by one of the following: a period of sickness absence or statutory maternity, paternity, adoption, shared parental, parental or parental bereavement leave. In cases of sickness absence, carry-over is limited to four weeks' vacation leave per Holiday Year less any leave taken during the Holiday Year that has just ended. Any such carried over vacation leave which is not taken within 6 months of the end of the relevant Holiday Year will be lost and forfeited. The Company shall not pay the Executive in lieu of untaken vacation leave except on termination of his employment. On termination of employment, the Company shall pay Executive in lieu of any accrued but untaken vacation leave for the Holiday Year in which termination takes place and any untaken days permitted to be carried forward from the preceding Holiday Year. The amount of the payment in lieu of accrued vacation time will be calculated as 1/260th of Base Salary for each untaken day of the entitlement.