Common use of Other Benefits; Vacation Clause in Contracts

Other Benefits; Vacation. During the term of this Agreement, Executive shall be eligible to participate in incentive, stock purchase, savings, retirement (401(k)), and welfare benefit plans, including, without limitation, health, medical, dental, vision, life (including accidental death and dismemberment) and disability insurance plans (collectively, “Benefit Plans”), in substantially the same manner and at substantially the same levels as the Company makes such opportunities available to the Company’s managerial or salaried executive employees. During the term of this Agreement, Executive shall be entitled to accrue, on a pro rata basis, fifteen (15) paid vacation days per year, which if not taken will accrue and be carried forward. Vacation shall be taken at such times as are mutually convenient to Executive and the Company and no more than ten (10) consecutive days shall be taken at any one time without the advance approval of the Chief Executive Officer.

Appears in 4 contracts

Samples: Executive Employment Agreement (Audioeye Inc), Executive Employment Agreement (Audioeye Inc), Executive Employment Agreement (Audioeye Inc)

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Other Benefits; Vacation. During the term of this AgreementEmployment Period, Executive shall be eligible to participate in incentive, stock purchase, savings, retirement (401(k)), and welfare benefit plans, including, without limitation, health, medical, dental, vision, life (including accidental death and dismemberment) and disability insurance plans (collectively, “Benefit Plans”), in substantially the same manner and at substantially the same levels as the Company makes such opportunities available to the Company’s managerial or salaried executive employees. During the term of this AgreementEmployment Period, Executive shall be entitled to accrue, on a pro rata basis, fifteen twenty (1520) paid vacation days per year, which if not taken will accrue and be carried forward. Vacation shall be taken at such times as are mutually convenient to Executive and the Company and no more than ten twenty (1020) consecutive days shall be taken at any one time without the advance written approval of the Chief Executive Officer.

Appears in 2 contracts

Samples: Executive Employment Agreement (Audioeye Inc), Executive Employment Agreement (Audioeye Inc)

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Other Benefits; Vacation. During the term of this AgreementTerm, Executive shall be eligible to participate in incentive, stock purchase, savings, retirement (401(k)), and welfare benefit plans, including, without limitation, health, medical, dental, vision, life (including accidental death and dismemberment) and disability insurance plans to the extent provided by the Company generally to its employees (collectively, “Benefit Plans”), in substantially the same manner and at substantially the same levels as the Company makes such opportunities available to the Company’s managerial or salaried executive employees. During the term of this AgreementTerm, Executive shall be entitled to accrue, on a pro rata basis, fifteen twenty (1520) paid vacation days per year, which if not taken will accrue and be carried forward. Vacation shall be taken at such times as are mutually convenient to Executive and the Company and no more than ten twenty (1020) consecutive days shall be taken at any one time without the advance written approval of the Executive Chairman or Chief Executive Officer.

Appears in 1 contract

Samples: Executive Employment Agreement (Audioeye Inc)

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