Paid Time Off and Holidays Sample Clauses

Paid Time Off and Holidays. Executive’s paid time-off (“PTO”) and holidays shall be consistent with the standards set forth in the Company’s Employee Handbook, as revised from time to time or as otherwise published by the Company. Notwithstanding the previous sentence, Executive will be eligible for one hundred twenty (120) hours of PTO/year, which will accrue on a pro-rata basis throughout the year, provided, however, that it is the Company’s policy that no more than forty (40) hours of PTO can be accrued beyond this annual limit for any employee at any time. Thus, when accrued PTO reaches one hundred sixty (160) hours, Executive will cease accruing PTO until accrued PTO is one hundred twenty (120) hours or less, at which point Executive will again accrue PTO until he reaches one hundred sixty (160) hours. In addition to PTO, there are also six (6) paid national holidays and one (1) “floater” day available to Company employees. Executive agrees to schedule such PTO so that it minimally interferes with the Company’s operations. Such PTO does not include Board excused absences.
AutoNDA by SimpleDocs
Paid Time Off and Holidays. The Company does not currently limit Paid Time Off (“PTO”) for its executives, and Executive shall be entitled to PTO in accordance with the Company's PTO policy in effect from time to time with respect to executives. The Company observes ten (10) paid holidays per calendar year. Nine (9) of the Company-observed holidays are the same each year; one (1) “floating” holiday is determined by the Company annually.
Paid Time Off and Holidays. Executive is eligible for 4 weeks of paid vacation per calendar year (prorated for any partial year during the term) to be taken at such times as may be approved in advance by the Company. Executive is also entitled to all paid holidays observed by the Company in the United States. Executive shall have all rights and be subject to all obligations and responsibilities with respect to paid time off and holidays as are set forth in the Company’s employee manual or other applicable policies and procedures, which may provide for benefits greater than but not less than those provided in this Agreement.
Paid Time Off and Holidays. During the Term, Executive shall be entitled to annual paid time off of seventeen (17) days at full pay, or such greater paid time off benefits as may be provided for by the Company's paid time off policies. Executive shall be entitled to such holidays as are established by the Company for all employees.
Paid Time Off and Holidays. While Employee is employed by E ENERGY hereunder, Employee shall be entitled to paid PTO days as follows:
Paid Time Off and Holidays. While Employee is employed by E ENERGY hereunder, Employee shall be entitled to paid PTO days as follows: Year 0 (1st year of employment) -10 days per year Years 1 to 4 of employment — 20 days per year Years 5 to 14 of employment — 25 days per year Years 15 + of employment — 30 days per year The PTO policy is subject to annual review and amendment by the Executive Committee and subject to change.
Paid Time Off and Holidays. A. All provisions of the Xxxxxxxx County Personnel Policy Manual relating to paid time off (PTO), holidays, and working conditions, as they now exist or hereafter may be amended, also shall apply to ADMINISTRATOR/CONTROLLER as they would to other FLSA- exempt, non-union employees of EMPLOYER, unless otherwise provided in this Agreement.
AutoNDA by SimpleDocs
Paid Time Off and Holidays. During the Term of this Agreement you will remain eligible to participate in CTS’ PTO and holiday policy and will continue to accrue PTO at the same rate currently in effect.
Paid Time Off and Holidays. Executive shall be entitled to paid time off and holidays in accordance with the Company’s policy in effect for all employees. Executive is expected to take such leave at times as Executive determines in his reasonable discretion not to materially interfere with the Company business. Notwithstanding the preceding sentence, the Company shall have the discretion to modify the policy as appropriate for the business. Executive shall give the company reasonable advance notice of such leave. Executive shall accrue and receive full compensation and benefits during vacation leave periods in accordance with the appliable policies and/or plans of the company. Unused vacation time shall not entitle Executive to any additional compensation.
Paid Time Off and Holidays. While Employee is employed by E ENERGY hereunder, Employee shall be entitled to paid time off as follows: Years 0 to 4 of employment — 20 days per year – May carry over 5 days for 1 year. Years 5 to 14 of employment — 25 days per year – May carry over 10 days for 1 year. Years 15 + of employment — 30 days per year – May carry over 10 days for 1 year. Unused paid time off may be rolled into the following calendar year as per company policy, but must be used in the following calendar year or it will be forfeited. The Company PTO policy is subject to annual review and amendment by the Executive Committee and subject to change. Employee shall be paid for six (6) holidays per year as designated by E ENERGY.
Time is Money Join Law Insider Premium to draft better contracts faster.