Common use of Vacation and Medical Leave Clause in Contracts

Vacation and Medical Leave. The Executive shall have three (3) weeks of vacation at times mutually convenient to Executive and the Company. Accrued vacation may not be carried over, but must be used in the annual period in which it accrues. Continuation of compensation during periods of absence for medical reasons will be determined by Company policy.

Appears in 9 contracts

Samples: Employment Agreement (Oxford Media Corp), Employment Agreement (Nextphase Wireless, Inc.), Employment Agreement (Nextphase Wireless, Inc.)

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Vacation and Medical Leave. The Executive shall have three (3) weeks of vacation at times mutually convenient to Executive and the Company. It is understood that Executive may fulfill some of his obligations under this agreement while being away from the premises and such absences shall not be deemed noncompliance with his obligations under this agreement. Accrued vacation may not be carried over, but must be used in the annual period in which it accrues. Continuation of compensation during periods of absence for medical reasons will be determined by Company policy.

Appears in 3 contracts

Samples: Employment Agreement (Bioquest Corp), Employment Agreement (Bioquest Corp), Employment Agreement (Bioquest Corp)

Vacation and Medical Leave. The Executive shall have three four (34) weeks of vacation at times mutually convenient to Executive and the Company. Accrued vacation may not be carried over, but must be used in the annual period in which it accrues. Continuation of compensation during periods of absence for medical reasons will be determined by Company policy.

Appears in 2 contracts

Samples: Employment Agreement (Force Fuels Inc.), Employment Agreement (Force Fuels Inc.)

Vacation and Medical Leave. The Executive shall have three (3three3) weeks of vacation at times mutually convenient to Executive and the Company. Accrued vacation may not be carried over, but must be used in the annual period in which it accrues. Continuation of compensation during periods of absence for medical reasons will be determined by Company policy.

Appears in 1 contract

Samples: Employment Agreement (Oxford Media Corp)

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Vacation and Medical Leave. The Executive shall have three (3) weeks of vacation at times mutually convenient to Executive and the Company. It is understood that Executive may fulfill some of his obligations under this agreement while being away from the premises and such absences shall not be deemed noncompliance with his obligations under this agreement. Accrued vacation may not be carried over, over but must be used in the annual period in which it accrues. Continuation of compensation during periods of absence for medical reasons will be determined by Company policy.

Appears in 1 contract

Samples: Employment Agreement (Bioquest Corp)

Vacation and Medical Leave. The Executive shall have three (3) weeks of vacation at times mutually convenient to Executive and the Company. It is understood that Executive may fulfill some of his obligations under this agreement while being away from the premises and such absences shall not be deemed non compliance with his obligations under this agreement. Accrued vacation may not be carried over, but must be used in the annual period in which it accrues. Continuation of compensation during periods of absence for medical reasons will be determined by Company policy.

Appears in 1 contract

Samples: Employment Agreement (Force Fuels Inc.)

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