Common use of Paid Time Off Clause in Contracts

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s personnel policies as in effect from time to time.

Appears in 76 contracts

Samples: Employment Agreement (Edgewater Bancorp, Inc.), Employment Agreement (Versailles Financial Corp), Employment Agreement (Beacon Federal Bancorp, Inc.)

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Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the BankEmployer’s usual practices), as well as sick leave, holidays and other paid absences in accordance with the BankEmployer’s policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the BankEmployer’s personnel policies as in effect from time to time.

Appears in 24 contracts

Samples: Employment Agreement (First Interstate Bancsystem Inc), Employment Agreement (First Interstate Bancsystem Inc), Employment Agreement (First Interstate Bancsystem Inc)

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the BankAssociation’s usual practices), as well as sick leave, holidays and other paid absences in accordance with the BankAssociation’s policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the BankAssociation’s personnel policies as in effect from time to time.

Appears in 13 contracts

Samples: Employment Agreement (Oconee Federal Financial Corp.), Employment Agreement (Oconee Federal Financial Corp.), Employment Agreement (Sunnyside Bancorp, Inc.)

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s 's usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s 's policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s 's personnel policies as in effect from time to time.

Appears in 8 contracts

Samples: Employment Agreement (West End Indiana Bancshares, Inc.), Employment Agreement (West End Indiana Bancshares, Inc.), Employment Agreement (West End Indiana Bancshares, Inc.)

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement Employment Period (measured on a fiscal or calendar year basis, in accordance with the Bank’s usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s personnel policies as in effect from time to time.

Appears in 8 contracts

Samples: Employment Agreement (ESSA Bancorp, Inc.), Employment Agreement (ESSA Bancorp, Inc.), Employment Agreement (ESSA Bancorp, Inc.)

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s Employer's usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s Employer's policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s Employer's personnel policies as in effect from time to time.

Appears in 7 contracts

Samples: Employment Agreement (Standard AVB Financial Corp.), Employment Agreement (Standard AVB Financial Corp.), Employment Agreement (Standard AVB Financial Corp.)

Paid Time Off. The Executive shall be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s usual practices)Employment Period, as well as sick leave, holidays and other paid absences absences, in accordance with the Bank’s policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s personnel policies as in effect from time to timeexecutive employees.

Appears in 6 contracts

Samples: Employment Agreement (Bridge Bancorp Inc), Employment Agreement (Bridge Bancorp Inc), Employment Agreement (Bridge Bancorp Inc)

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement Employment Period (measured on a fiscal or calendar year basis, in accordance with the BankEmployer’s usual practices), as well as sick leave, holidays and other paid absences in accordance with the BankEmployer’s policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the BankEmployer’s personnel policies as in effect from time to time.

Appears in 5 contracts

Samples: Employment Agreement (ESSA Bancorp, Inc.), Employment Agreement (ESSA Bancorp, Inc.), Employment Agreement (ESSA Bancorp, Inc.)

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement Employment Period (measured on a fiscal or calendar year basis, in accordance with the Bank’s 's usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s 's policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s 's personnel policies as in effect from time to time.

Appears in 3 contracts

Samples: Employment Agreement (ESSA Bancorp, Inc.), Employment Agreement (ESSA Bancorp, Inc.), Employment Agreement (ESSA Bancorp, Inc.)

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s personnel policies as in effect from time to timecumulative if not used.

Appears in 3 contracts

Samples: Employment Agreement (Atlantic Coast Federal Corp), Employment Agreement (Atlantic Coast Financial CORP), Employment Agreement (Atlantic Coast Financial CORP)

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Such paid time off shall not be in excess of 75 hours in 2021 and 300 hours for each calendar year thereafter. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s personnel policies as in effect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (1895 Bancorp of Wisconsin, Inc.), Employment Agreement (1895 Bancorp of Wisconsin, Inc. /MD/)

Paid Time Off. Executive shall be entitled to paid vacation time of five (5) weeks each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s 's usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s 's policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s 's personnel policies as in effect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (ES Bancshares, Inc.), Employment Agreement (ES Bancshares, Inc.)

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Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement Employment Period (measured on a fiscal or calendar year basis, in accordance with the Bank’s Employer's usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s Employer's policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s Employer's personnel policies as in effect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (ESSA Bancorp, Inc.), And Reststated Employment Agreement (ESSA Bancorp, Inc.)

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s 's usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s 's policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s personnel policies as in effect from time to timecumulative if not used.

Appears in 2 contracts

Samples: Employment Agreement (Atlantic Coast Federal Corp), Employment Agreement (Atlantic Coast Federal Corp)

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives, but, in any event, not less than four (4) weeks vacation annually. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s personnel policies as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Cheviot Financial Corp.)

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated administered in accordance with the Bank’s personnel policies as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Atlantic Coast Financial CORP)

Paid Time Off. Executive shall will be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executivesofficers. As it relates to Paid Time Off, the Executive will be entitled to 36 days annually. Any unused paid time off Paid Time Off during an annual period shall will be treated in accordance with the Bank’s personnel policies as in effect from time to time.policies, which govern all other employees. ​

Appears in 1 contract

Samples: Employment Agreement (Catalyst Bancorp, Inc.)

Paid Time Off. Executive shall be entitled to paid vacation time each year during the term of this Agreement Employment Period (measured and accrued on a fiscal fiscal- or calendar calendar-year basis, in accordance with the BankCompany’s usual practicespractices and policies), as well as sick leave, holidays holidays, and other paid absences in accordance with the BankCompany’s policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s personnel policies as in effect from time to timeemployees.

Appears in 1 contract

Samples: Employment Agreement (Ampio Pharmaceuticals, Inc.)

Paid Time Off. The Executive shall be entitled to paid vacation time ------------- each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s usual practices)Employment Period, as well as sick leave, holidays and other paid absences absences, in accordance with the Bank’s 's policies and procedures for senior executives. Any unused paid time off during an annual period shall be treated in accordance with the Bank’s personnel policies as in effect from time to timeexecutive employees.

Appears in 1 contract

Samples: Employment Agreement (Bridge Bancorp Inc)

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