Common use of Paid Time Off Clause in Contracts

Paid Time Off. The Executive shall be entitled to twenty-five (25) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) of any unused paid time-off will be forfeited at the end of the calendar year.

Appears in 10 contracts

Samples: Employment Agreement (Landmark Apartment Trust of America, Inc.), Employment Agreement (Landmark Apartment Trust of America, Inc.), Employment Agreement (Landmark Apartment Trust, Inc.)

AutoNDA by SimpleDocs

Paid Time Off. The Executive shall be entitled to take up to twenty-five (25) work days of as annual paid time off per calendar year, plus Company-scheduled holidaysprovided that such paid time off time does not interfere with his duties hereunder. Fifty percent (50%) of any unused Such paid time-time off will accrue and must be forfeited at taken in accordance with Company’s paid time off policies in effect from time to time. No annual paid time off may be carried over into the end next calendar year and any annual paid time off that is not used by December 31 of the each calendar yearyear will be forfeited.

Appears in 10 contracts

Samples: Executive Employment Agreement (Quintana Energy Services Inc.), Executive Employment Agreement (Quintana Energy Services Inc.), Executive Employment Agreement (Quintana Energy Services Inc.)

Paid Time Off. The Executive shall be entitled to not less than twenty-five nine (2529) days of paid time off per during each calendar year, plus pro-rated for any partial calendar year of employment, in accordance with the Company-scheduled holidays. Fifty percent (50%) of any unused paid ’s policies and practices with respect to its employees generally as in effect from time to time-off will be forfeited at the end of the calendar year.

Appears in 8 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Paid Time Off. The Executive shall be entitled to not less than twenty-five (25) days of paid time off per during each calendar year, plus pro-rated for any partial calendar year of employment, in accordance with the Company-scheduled holidays. Fifty percent (50%) of any unused paid ’s policies and practices with respect to its employees generally as in effect from time to time-off will be forfeited at the end of the calendar year.

Appears in 5 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Paid Time Off. The Executive shall be entitled to twenty-five twenty four (2524) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) of any unused paid time-off will be forfeited at the end of prorated during the calendar yearyear in which the Executive is initially hired and the calendar year in which the Executive’s employment terminates, to be taken at such times as may be approved by the Chief Executive Officer.

Appears in 4 contracts

Samples: Employment Agreement (Tier Technologies Inc), Employment Agreement (Tier Technologies Inc), Employment Agreement (Tier Technologies Inc)

Paid Time Off. The Executive shall be entitled to twenty-five no fewer than fifteen (2515) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) Any unused days of any unused paid time-time off will be forfeited at the end of the calendar year.

Appears in 3 contracts

Samples: Executive Severance and Change in Control Vesting Agreement (American Residential Properties, Inc.), Control Vesting Agreement (American Residential Properties, Inc.), Executive Severance and Change in Control Vesting Agreement (American Residential Properties, Inc.)

Paid Time Off. The In addition to statutory holidays, the Executive shall be entitled to twenty-five (25) 28 days of paid time off per each calendar yearyear during the Executive's employment, plus accruing ratably each month, to be taken in accordance with the procedures and practices generally applicable from time to time to the Company's executive-scheduled holidays. Fifty percent (50%) of any unused paid time-off will be forfeited at the end of the calendar yearlevel employees.

Appears in 3 contracts

Samples: Executive Employment Agreement (Aradyme Corp), Executive Employment Agreement (Aradyme Corp), Executive Employment Agreement (Aradyme Corp)

Paid Time Off. The During the Employment Period, the Executive shall be entitled to twenty-five (25) 27 days of paid time off per calendar year, plus to be taken and carried over in accordance with the Company-scheduled holidays. Fifty percent (50%) of any unused ’s paid time off policy in effect from time to time-off will be forfeited at the end of the calendar year.

Appears in 3 contracts

Samples: Employment Agreement (Euramax Holdings, Inc.), Employment Agreement (Euramax Holdings, Inc.), Employment Agreement (Euramax Holdings, Inc.)

Paid Time Off. The Executive shall be entitled to twenty-five no fewer than twenty (2520) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) Any unused days of any unused paid time-time off will be forfeited at the end of the calendar year.

Appears in 3 contracts

Samples: Employment Agreement (American Residential Properties, Inc.), Employment Agreement (American Residential Properties, Inc.), Employment Agreement (American Residential Properties, Inc.)

Paid Time Off. The Executive shall be entitled to twenty-five (25) a specified amount of days of paid time off per during each calendar year, plus pro-rated for any partial calendar year of employment, in accordance with the Company-scheduled holidays. Fifty percent (50%) of any unused paid ’s policies and practices with respect to its associates generally as in effect from time to time-off will be forfeited at the end of the calendar year.

Appears in 2 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Paid Time Off. The Executive shall be entitled to not less than twenty-five four (2524) days of paid time off per during each calendar year, plus pro-rated for any partial calendar year of employment, in accordance with the Company-scheduled holidays. Fifty percent (50%) of any unused paid ’s policies and practices with respect to its employees generally as in effect from time to time-off will be forfeited at the end of the calendar year.

Appears in 2 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Paid Time Off. The In addition to statutory holidays, the Executive shall be entitled to twenty-five (25) 25 days of paid time off per each calendar yearyear during the Executive's employment, plus accruing ratably each month, to be taken in accordance with the procedures and practices generally applicable from time to time to the Company's executive-scheduled holidays. Fifty percent (50%) of any unused paid time-off will be forfeited at the end of the calendar yearlevel employees.

Appears in 2 contracts

Samples: Executive Employment Agreement (Aradyme Corp), Executive Employment Agreement (Aradyme Corp)

Paid Time Off. The Executive shall be entitled to no fewer than twenty-five (25) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) Any unused days of any unused paid time-time off will be forfeited at the end of the calendar year.

Appears in 2 contracts

Samples: Employment Agreement (American Residential Properties, Inc.), Employment Agreement (American Residential Properties, Inc.)

AutoNDA by SimpleDocs

Paid Time Off. The Executive shall be entitled to twenty-five twenty (2520) days of paid time off per calendar year, plus in addition to Company holidays, to be taken and carried over in accordance with the Company-scheduled holidays. Fifty percent (50%) of any unused ’s paid time off policy in effect from time to time-off will be forfeited at the end of the calendar year.; and

Appears in 1 contract

Samples: Executive Employment Agreement (Vynleads, Inc.)

Paid Time Off. The Executive shall be entitled to twenty-five two (2522) days of paid time off per calendar year; provided, plus Company-scheduled holidays. Fifty percent however, that no more than ten (50%10) days of such paid time off may be used consecutively, and provided, further, that any accrued but unused paid time-time off will be forfeited remaining at the end of each calendar year shall be forfeited. The foregoing shall accrue at a rate of 1.83 days per month beginning sixty (60) days after your first day of active service with the calendar yearCompany.

Appears in 1 contract

Samples: Release Agreement (MTM Technologies, Inc.)

Paid Time Off. The Executive shall be entitled to twenty-five no fewer than twenty (2520) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) Any unused days of any unused paid time-time off will be forfeited at the end of the calendar year.. 3.5

Appears in 1 contract

Samples: Employment Agreement (Global Medical REIT Inc.)

Paid Time Off. The During the Term, the Executive shall be entitled to accrue annual “paid time off” at the rate of twenty-five (25) days of paid time off per calendar year, plus Company-scheduled holidaysall in accordance with Company policy, which shall be accrued ratably. Fifty percent (50%) of any unused Unused paid time-time off may not be carried over into the following calendar year and will not be forfeited paid out at the end of the calendar yearyear or at any other time, except accrued but unused days will be paid out upon termination of the Executive’s employment. The Executive shall also be entitled to all paid holidays given by the Company to its executives.

Appears in 1 contract

Samples: Employment Agreement (AquaVenture Holdings LTD)

Paid Time Off. The During the Employment Period, Executive shall be entitled to twenty-receive twenty five (25) days of paid time off per calendar yearyear (prorated to reflect any partial calendar year of employment), plus Companyto be taken in accordance with the Company Group’s then-scheduled holidays. Fifty percent (50%) of any unused paid existing paid- time-off will be forfeited policies. Any accrued but unused paid time off remaining at the end of the calendar yearEmployment Period shall be forfeited, and Executive shall not receive payment for such accrued but unused paid time off.

Appears in 1 contract

Samples: Employment Agreement (Forian Inc.)

Paid Time Off. The Executive shall be entitled to twenty-five twenty six (2526) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) of any unused paid time-off will be forfeited at the end of prorated during the calendar yearyear in which the Executive is initially hired and the calendar year in which the Executive’s employment terminates, to be taken at such times as may be approved by the Chief Executive Officer.

Appears in 1 contract

Samples: Employment Agreement (Tier Technologies Inc)

Paid Time Off. The Executive shall be entitled entitled, all on a paid basis, to twenty-five (25) days of annual paid time off per of 25 days (excluding public holidays) and subject to a maximum carry-over from calendar year, plus year to calendar year of no more than five (5) days. The Executive shall also be entitled to any paid holidays as designated by the Company-scheduled holidays. Fifty percent (50%) of any unused paid time-off will be forfeited at the end of the calendar year.

Appears in 1 contract

Samples: Employment Agreement (Staffing 360 Solutions, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.