Paid Time Off (PTO). Executive shall earn and accrue paid-time-off covering vacation and sick time benefits at the rate of twenty (20) days per year for employment periods of up to five years of service. The PTO accrual rate shall automatically increase by five (5) additional days for each additional 5 years of service up to maximum of thirty (30) days per year after 10 years of service. For example, after five years of service, the annual PTO accrual rate shall increase to twenty-five (25) days. Unused PTO shall carry over to the next year, but Executive shall cease accruing further PTO at any time Executive has accrued two times his annual accrual rate. Unused PTO days which are not in excess of two-times the annual accrual rate shall be paid in a cash lump sum payment promptly after Executive’s termination of employment.
Paid Time Off (PTO). During the Term, Executive shall be entitled to paid time off in accordance with Company’s policy in place from time to time; provided, however, that Executive shall be eligible to accrue no less than twenty (20) days per calendar year (with such amount prorated for the balance of 2017).
Paid Time Off (PTO) a. Paid time off (PTO) is defined as absence used for illness, adoption, personal use (non- vacation), paid child care leave, and bereavement. Paid time off does not include such absences as jury duty (Article 5-6), military leave (Article 8-7), paid holidays (Article 5-1) or any unpaid leaves. Pre-approval is unnecessary except as defined in (d) and (e) below.
Paid Time Off (PTO). Employee will accrue five (5) weeks of PTO benefits during each calendar year of the Employment Period in accordance with the Company policy in effect for executive officers.
Paid Time Off (PTO). During the Term, the Executive shall be entitled to four (4) weeks of vacation per calendar year, to be taken at such times and intervals as shall be determined by the Executive, subject to the reasonable business needs of the Company. The Executive may not accumulate or carry over from one (1) calendar year to another any unused, accrued vacation time. The Executive shall not be entitled to compensation for vacation time not taken. In addition, the Executive shall be entitled to five (5) days of emergency/medical PTO per calendar year.
Paid Time Off (PTO). 21.01 When a bargaining unit member is absent, the procedure will be as follows: • Record absence in AESOP. • The absent Employee must notify the building administrator or designee of their absence along with the program supervisor if required. • The district can require medical documentation after three (3) consecutive days absent.
Paid Time Off (PTO). The Executive shall have access to five (5) weeks (25 days) of Paid Time Off effective as of the beginning of this Agreement on July 1, 2014. This PTO allowance shall be in addition to the Paid Holidays that are provided as part of the standard benefit package for all Qualstar employees.
Paid Time Off (PTO). Executive shall be entitled to three week of paid time off (PTO) in accordance with the Company’s policies. PTO is capped at 1.5 times the maximum annual accrual, at which point no further paid time off accrues until some is used.
Paid Time Off (PTO). Teachers will be given twelve (12) leave days to use for personal business, personal illness, family illness, or for funerals. These are not vacation days. Days will not require written request or prior permission except to extend a break or supersede any of the following limitations. Unused PTO days roll over to sick days the following year. Previously accumulated sick days will remain as sick days and cannot be used as PTO days. No more than two (2) PTO days may be used on consecutive school days not related to illness without the approval of the Superintendent prior to the start of the leave. Only 1 day per year may be used to extend a break. PTO days may be used to extend bereavement leave. Teachers will schedule absences in substitute system 48 hours in advance whenever possible. No more than one day is to be used in May for non-illness or non-bereavement reasons. Limitations may be waived by Superintendent if deemed appropriate. If an extended illness occurs in which a teacher uses multiple sick days, the PTO days would be used until the teacher reaches ten (10); at that point two (2) days would be reserved for personal affairs and accumulated sick days would be used if still needed for the illness. Principals will conference with individuals who have missed nine (9) days. If poor attendance choices are indicated, the employee will receive a written notice that continued poor attendance is likely to result in a one point deduction for core professionalism.
Paid Time Off (PTO). Executive shall be entitled to receive under the Corporation’s Paid Time Off (“PTO”) program (or under any alternative program adopted in the future for vacation and sick time) the greater of (i) 26 days of time away from work with continued compensation (PTO days) or (ii) the number of days other similarly positioned employees would be eligible to receive based on years of service. The Corporation’s PTO program provides for both vacation and sick time off with pay. The PTO days for any calendar year will be earned on January 1 of such calendar year. At the end of each calendar year, Executive shall be entitled to carry-over up to 10 unused PTO days to the next calendar year.
