Personal Time Off. “PTO”). Executive will be eligible to receive 20 PTO days per year. PTO is an accrued benefit and will be paid out at termination in accordance with the Company’s standard PTO policies.
Appears in 3 contracts
Samples: Executive Employment Agreement (Lion Biotechnologies, Inc.), Executive Employment Agreement (Lion Biotechnologies, Inc.), Executive Employment Agreement (Lion Biotechnologies, Inc.)
Personal Time Off. “PTO”). Executive will be eligible to receive 20 PTO days per PTO, accrued at 1.25 days/month (annualizing to 15 days/year). PTO is an accrued benefit and will be paid out at termination in accordance with the Company’s standard PTO policies.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Genesis Biopharma, Inc), Executive Employment Agreement (Lion Biotechnologies, Inc.)
Personal Time Off. “PTO”). Executive will be eligible to receive 20 10 PTO days per year. PTO is an accrued benefit and will be paid out at termination in accordance with the Company’s standard PTO policies.
Appears in 2 contracts
Samples: Replacement Employment Agreement (Lion Biotechnologies, Inc.), Executive Employment Agreement (Lion Biotechnologies, Inc.)
Personal Time Off. “PTO”). Executive will be eligible to receive 20 12 PTO days per year. PTO is an accrued benefit and will be paid out at termination in accordance with the Company’s standard PTO policies. In addition, Executive will be eligible to receive two floating holidays per year.
Appears in 1 contract
Samples: Executive Employment Agreement (Lion Biotechnologies, Inc.)
