Common use of Paid Vacation Clause in Contracts

Paid Vacation. The Executive shall be entitled to no less than twenty-five (25) days of paid leave, prorated for any partial calendar year of service. The provisions of this Section 3.5 shall apply notwithstanding any less generous paid leave policy then maintained by the Employer, but the use of Executive’s paid leave shall otherwise be determined in accordance with the Employer’s paid leave policy as in effect from time to time.

Appears in 8 contracts

Samples: Employment Agreement (First Security Group Inc/Tn), Employment Agreement (First Security Group Inc/Tn), Employment Agreement (First Security Group Inc/Tn)

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Paid Vacation. The On a non-cumulative basis, Executive shall be entitled to no less than twenty-five (25) days of four weeks’ paid leaveleave per calendar year, prorated for any partial calendar year of service. The provisions of this Section 3.5 4(g) shall apply notwithstanding any less generous paid leave policy then maintained by the Employer, but the use of Executive’s paid leave shall otherwise be determined in accordance with the Employer’s paid leave policy as in effect from time to time.

Appears in 3 contracts

Samples: Employment Agreement (Commerce Union Bancshares, Inc.), Employment Agreement (Commerce Union Bancshares, Inc.), Employment Agreement (Commerce Union Bancshares, Inc.)

Paid Vacation. The Executive shall be entitled to no less than twenty-five twenty (2520) days of paid leave, prorated for any partial calendar year of service. The provisions of this Section 3.5 shall apply notwithstanding any less generous paid leave policy then maintained by with vacation days earned on an accrual basis from the Employer, but the use of Executive’s paid leave shall otherwise be determined Effective Date in accordance with the Employer’s paid Company's policy applicable to senior officers. Paid leave policy as in effect shall does not accrue and carry over from time year to timeyear.

Appears in 1 contract

Samples: Employment Agreement (Acorn Energy, Inc.)

Paid Vacation. The Executive shall be entitled to no less than twenty-five (25) days of paid leavevacation per calendar year, prorated for any partial calendar year of service. The provisions of this Section 3.5 3.6 shall apply notwithstanding any less generous paid leave policy then maintained by the Employer, but the use of Executive’s paid vacation leave shall otherwise be determined in accordance with the Employer’s paid leave policy as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Southwest Bancorp Inc)

Paid Vacation. The Executive shall be entitled annually to no less than twenty-five four (254) weeks of paid vacation and six (6) additional days of paid leave, prorated for any partial calendar year of service. The provisions of this Section 3.5 3.10 shall apply notwithstanding any less generous paid leave policy then maintained by the Employer, but the use of Executive’s paid leave shall otherwise be determined in accordance with the Employer’s paid leave policy as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Citizens Bancshares Corp /Ga/)

Paid Vacation. The On a non-cumulative basis, Executive shall be entitled to no less than twenty-five (25) days of four weeks’ paid leaveleave per calendar year, prorated for any partial calendar year of service. The provisions of this Section 3.5 4(f) shall apply notwithstanding any less generous paid leave policy then maintained by the Employer, but the use of Executive’s paid leave shall otherwise be determined in accordance with the Employer’s paid leave policy as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Commerce Union Bancshares, Inc.)

Paid Vacation. The Executive shall be entitled to no less than twenty-five four (254) days of weeks paid leavevacation per calendar year, prorated for any partial calendar year of service. The provisions of this Section 3.5 shall apply notwithstanding any less generous paid leave policy then maintained by the Employer, but the use of Executive’s paid vacation leave shall otherwise be determined in accordance with the Employer’s paid leave policy as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Southwest Bancorp Inc)

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Paid Vacation. The Executive shall be entitled to no less than twenty-five (25) days of paid leave, prorated for any partial calendar year of service. The provisions of this Section 3.5 3.7 shall apply notwithstanding any less generous paid leave policy then maintained by the Employer, but the use of Executive’s paid leave shall otherwise be determined in accordance with the Employer’s paid leave policy as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (First Security Group Inc/Tn)

Paid Vacation. The On a non-cumulative basis, Executive shall be entitled to no less than twenty-five (25) days of four weeks’ paid leaveleave per calendar year, prorated for any partial calendar year of service. The provisions of this Section 3.5 4(e) shall apply notwithstanding any less generous paid leave policy then maintained by the Employer, but the use of Executive’s paid leave shall otherwise be determined in accordance with the and subject to Employer’s paid leave policy as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Commerce Union Bancshares, Inc.)

Paid Vacation. The On a non-cumulative basis, Executive shall be entitled to no less than twenty-five (25) 20 days of paid leave, prorated for any partial leave per calendar year of serviceyear. The provisions of this Section 3.5 4(f) shall apply notwithstanding any less generous paid leave policy then maintained by the EmployerBank, but the Executive’s use of Executive’s such paid leave shall otherwise be determined in accordance with the EmployerBank’s paid leave policy as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Reliant Bancorp, Inc.)

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