Common use of PTO Clause in Contracts

PTO. Employee shall be entitled to paid time off ("PTO") in accordance with the Company's PTO policy in effect at the time the PTO is taken. In the event that the full PTO is not taken by Employee, no PTO time shall accrue for use in future years, except in accordance with the Company's then existing policy for the carry forward of accrued PTO.

Appears in 3 contracts

Samples: Employment Agreement (Triad Guaranty Inc), Employment Agreement (Triad Guaranty Inc), Employment Agreement (Triad Guaranty Inc)

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PTO. Employee shall be entitled to paid time off ("PTO") in accordance with the Company's ’s PTO policy in effect at the time the PTO is taken. In the event that the full PTO is not taken by Employee, no PTO time shall accrue for use in future years, except in accordance with the Company's ’s then existing policy for the carry forward of accrued PTO.

Appears in 2 contracts

Samples: Employment Agreement (Triad Guaranty Inc), Employment Agreement (Triad Guaranty Inc)

PTO. Employee shall be entitled to paid time off ("PTO") in accordance with the Company's PTO policy in effect at the time the PTO is takentaken as if Employee had at least ten (10) years of service with the Company. In the event that the full PTO is not taken by Employee, no PTO time shall accrue for use in future years, except in accordance with the Company's then existing policy for the carry forward of accrued PTO.

Appears in 1 contract

Samples: Employment Agreement (Triad Guaranty Inc)

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PTO. Employee shall be entitled to paid time off ("PTO") in accordance with the Company's ’s PTO policy in effect at the time the PTO is takentaken as if Employee had at least ten (10) years of service with the Company. In the event that the full PTO is not taken by Employee, no PTO time shall accrue for use in future years, except in accordance with the Company's then ’s then-existing policy for the carry forward of accrued PTO.

Appears in 1 contract

Samples: Employment Agreement (Triad Guaranty Inc)

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