Common use of December Clause in Contracts

December. If the Executive’s employment commences or terminates part way through a holiday year, the Executive's entitlement during that holiday year shall be calculated on a pro rata basis rounded up to the nearest whole day.

Appears in 6 contracts

Sources: Service Agreement (COMPASS Pathways PLC), Service Agreement (Centessa Pharmaceuticals PLC), Service Agreement (COMPASS Pathways PLC)

December. If the Executive’s employment commences or terminates part way through a holiday year, the Executive's ’s entitlement during that holiday year shall be calculated on a pro rata basis rounded up to the nearest whole day.

Appears in 4 contracts

Sources: Employment Agreement (Centessa Pharmaceuticals PLC), Service Agreement (Achilles Therapeutics PLC), Service Agreement (Argo Group International Holdings, Ltd.)

December. If the Executive’s 's employment commences or terminates part way through a holiday year, the Executive's entitlement during that holiday year shall be calculated on a pro rata basis rounded up to the nearest whole day.

Appears in 3 contracts

Sources: Service Agreement (COMPASS Pathways PLC), Service Agreement (COMPASS Pathways PLC), Service Agreement (COMPASS Pathways PLC)

December. If the Executive’s employment commences or Appointment terminates part way through a holiday year, the Executive's entitlement during that holiday year shall be calculated on a pro pro-rata basis rounded up to the nearest whole day.

Appears in 1 contract

Sources: Executive Service Agreement (Providence Service Corp)