Paid Leave Benefits. Beginning on January 1, 2010, Executive shall accrue twenty (20) days of paid vacation each calendar year, to be taken at such times as mutually agreed with Executive’s supervisor. Executive shall also be entitled to paid holiday leave in accordance with the Company’s governing holiday schedule. All vacation (i) shall be accrued on a monthly basis, in accordance with the Company’s vacation policies and procedures, as may be amended from time to time, and (ii) must be taken during the calendar year accrued, or it will be forfeited.
Appears in 4 contracts
Samples: Executive Employment Agreement (KL Energy Corp), Executive Employment Agreement (KL Energy Corp), Executive Employment Agreement (Omni Bio Pharmaceutical, Inc.)