ANNUAL VACATION/SICK LEAVE Sample Clauses

ANNUAL VACATION/SICK LEAVE. Executive shall be entitled to four (4) weeks paid vacation time each year. Executive shall be entitled to sick leave in accordance with Company’s general policy for its employees.
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ANNUAL VACATION/SICK LEAVE. Employee shall be entitled to at least three (3) weeks vacation time each year without loss of compensation. Employee shall be entitled to sick leave in accordance with Company's general policy for its employees.
Sample 1
ANNUAL VACATION/SICK LEAVE. 1. The Board Member shall be entitled to annual vacation in the amount provided by the Austrian Vacation Act, which is 25 (twenty-five) days, not considering Saturday a working day. The employment year shall commence as at commencement of employment. Not consumed holiday can be transferred into next year’s holiday entitlement. Unconsumed holidays become time-barred after expiry of 6 months following the end of the vacation year in which the entitlement accrued.
Sample 1
ANNUAL VACATION/SICK LEAVE. Executive shall be entitled to twenty (20) -------------------------- days paid annual vacation, exclusive of sick leave and holidays recognized by the Company, which may be taken at such times as are consistent with good business practices. Such vacation time shall be prorated for employment periods less than a full calendar year. Executive may accrue up to fifteen (15) days of vacation, plus any vacation days scheduled by Executive but canceled on order of the Board, in any one (1) calendar year during the Term (the "Annual Vacation Accrual Limit"). In the event that Executive reaches the Annual Vacation Accrual Limit, Executive shall not be eligible to earn additional vacation until Executive uses a portion of such earned and accrued vacation. Executive shall be entitled to sick leave in accordance with the Company's general policy for its employees, as such policy is modified by the Company from time to time.
Sample 1

Related to ANNUAL VACATION/SICK LEAVE

  • Vacation; Sick Leave During the Employment Term, the Executive shall be entitled to not less than four (4) weeks of vacation during each calendar year and sick leave in accordance with the Company’s policies and practices with respect to its executives.

  • Annual Vacation Section 5.01. Employee shall be entitled to 20 days vacation time each year with full pay. Employee may be absent from his employment for vacation only at such times as approved by the board of directors.

  • Vacation During the Employment Period, the Executive shall be entitled to paid vacation in accordance with the most favorable plans, policies, programs and practices of the Company and its affiliated companies as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other peer executives of the Company and its affiliated companies.

  • Paid Vacation The Executive shall be entitled to paid vacation days in accordance with the Company’s vacation policies in effect from time to time for its executive team; provided, however, that the Executive shall be entitled to no less than fifteen (15) paid vacation days per calendar year during the Term.

  • Vacation, Holidays and Sick Leave During the Term, the Executive shall be entitled to paid vacation, paid holidays and sick leave in accordance with the Company's standard policies for its senior executive officers.

  • Vacation and Sick Leave At such reasonable times as the Board of Directors shall in its discretion permit, the Employee shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment under this Agreement, with all such voluntary absences to count as vacation time; provided that:

  • Vacations and Sick Leave The Executive shall be entitled to paid annual vacation leave in accordance with the policies as established from time to time by the Board of Directors, which shall in no event be less than four weeks per annum. The Executive shall also be entitled to an annual sick leave benefit as established by the Board for senior management employees of the Bank. The Executive shall not be entitled to receive any additional compensation from the Bank for failure to take a vacation or sick leave, nor shall he be able to accumulate unused vacation or sick leave from one year to the next; provided, however, such Executive may carry forward from year to year a maximum of ten days of unused vacation leave.

  • Sick Leave Executive shall be entitled to sick leave and emergency leave according to the regular policies and procedures of Company. Additional sick leave or emergency leave over and above paid leave provided by the Company, if any, shall be unpaid and shall be granted at the discretion of the board of directors.

  • Vacation; Leave The Executive shall be entitled to sick leave and paid annual vacation in accordance with policies established from time to time by the Employer. In addition to paid vacations and other leave, the boards of directors may grant the Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the boards of directors may determine.

  • Accrued Vacation The Executive will receive payment for accrued but unused vacation, which payment will be equitably prorated based on the period of active employment for that portion of the fiscal year in which the Executive’s termination of employment becomes effective. Payment for accrued but unused vacation will be payable in one lump sum on the effective date of the termination of employment (or as soon thereafter as practicable).

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