Paid or Unpaid Leave of Absence Sample Clauses

Paid or Unpaid Leave of Absence. For purposes of determining the vesting of PRSUs under this Agreement, a paid or unpaid leave of absence that has been approved by the Company shall not constitute a termination of your employment with the Company and its Subsidiaries. During such paid or unpaid leave of absence, until a termination of your employment with the Company and its Subsidiaries occurs, the PRSUs shall continue to vest as set forth in this Agreement. For the avoidance of doubt, vesting of your award during any notice period relating to any termination of your employment by the Company (and, if applicable, by any Subsidiary for whom you are employed) other than for Cause is determined under Section 8(j) of this Agreement.
Sample 1
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Paid or Unpaid Leave of Absence. The District reserves its right to place an employee on paid administrative leave pending resolution of a disciplinary matter, which shall result in no loss in pay and benefits, and shall not be considered a break in service. The District shall notify the employee of his/her placement on paid administrative leave, the reasons and terms of the leave, and that the leave does not in any way restrict the employee's right to be represented by or otherwise discuss the matter with the Association. The Association is entitled to receive a copy of the notice. An employee may be placed in unpaid status if charged with a mandatory or optional leave of absence criminal offense, as provided in the Education Code. (Education Code‌ §§ 44940, 44940.5, 45304.)
Sample 1
Paid or Unpaid Leave of Absence. For purposes of determining the vesting of RSUs under this Agreement, a paid or unpaid leave of absence that has been approved by the Committee shall not constitute a termination of your employment with the Company and its Subsidiaries; provided, if the Company elects to place you on Garden Leave during any mandatory notice period under the Employment Contract, your RSUs shall cease to vest as of the date immediately prior to such Garden Leave. During such paid or unpaid leave of absence, until a termination of your employment with the Company and its Subsidiaries occurs, the RSUs shall continue to vest as set forth in this Agreement.
Sample 1

Related to Paid or Unpaid Leave of Absence

  • Unpaid Leave of Absence If an employee is on an unpaid leave of absence, then vacation leave, compensatory time, or sick leave cannot be used for the purpose of maintaining eligibility for an Employer Contribution by keeping the employee on a State payroll for one (1) working day per pay period.

  • Paid Leave of Absence Upon request an employee shall be granted a leave of absence with pay for:

  • Unpaid Leaves of Absence A. A department head or designee may grant an unpaid leave of absence for a period not to exceed one (1) year. The employee shall provide substantiation to support the employee's request for an unpaid leave of absence.

  • LEAVE OF ABSENCE With respect to the Award, the Company may, in its sole discretion, determine that if you are on leave of absence for any reason you will not be considered as having terminated employment with the Company; however, your rights to the Restricted Stock Units during a leave of absence will be limited to the extent to which those rights were earned or vested when the leave of absence began.

  • Extended Leave of Absence Professional employees who have attained renewable contract status may request extended leaves of absence for one (1) year without pay under any one of the circumstances listed in this section. All requests for such extended leave of absence will be applied for and granted or rejected in writing. Such application will be reviewed by the principal and superintendent. If the latter approves, he/she will recommend that the leave be granted by the Board. An employee returning from an extended leave will be assigned to the same position as that which he/she held before assuming the leave, providing that position still exists. By mutual agreement between the employer and the employees, he/she may be given a different assignment. Extended leaves of absence may be requested under, but not limited to, the following:

  • Unpaid Leave 6. Accrued compensatory time off may be used at the employee’s discretion, with management approval, after exhaustion of 100% sick leave (No. 3 above). However, FLSA compensatory time off shall not be counted against the employee’s four (4) month (nine [9] pay period [720 hours]) family or medical leave entitlement. Therefore, any use of FLSA compensatory time off under this Section shall extend the employee’s family or medical leave by the total amount of FLSA compensatory time off used.

  • Parental Leave of Absence A. A female unit member may use any or all accumulated leave during pre- and post-natal care for that period of time she is temporarily disabled, as determined by the unit member and her physician.

  • Unpaid Leaves Employees on unpaid leaves may not participate in the matching program while on leave.

  • Unrequested Leave of Absence Section 1. Purpose: The purpose of this Article is to implement the provisions of Minn. Stat. § 122A.40, Subd. 10, which Article, when adopted, shall constitute a plan for unrequested leave because of discontinuance of position, lack of pupils, financial limitations or merger of classes caused by consolidation of districts.

  • MATERNITY LEAVE OF ABSENCE A Maternity Leave of Absence will be granted, subject to the following:

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