Vacation and Personal Leave. Executive shall be entitled to twenty (20) business days paid time off for each twelve (12) consecutive calendar monthly period during the Employment Term, to be taken in accordance with the vacation accrual schedule, if any, and carried over only to the extent set forth or otherwise permitted in Company’s personnel policies or, if any, employee handbook.
Appears in 6 contracts
Samples: Senior Executive Employment Agreement (VIASPACE Green Energy Inc.), Employment Agreement (VIASPACE Inc.), Senior Executive Employment Agreement (VIASPACE Green Energy Inc.)
Vacation and Personal Leave. Executive shall be entitled to twenty one (2021) business days paid time off for each twelve (12) consecutive calendar monthly period during the Employment Termvacation, to be taken in accordance with the vacation accrual schedule, if any, and carried over only to the extent set forth or otherwise permitted in Company’s 's personnel policies or, if any, employee handbook. Additionally, Executive shall be entitled to take personal leave up to a maximum of seven (7) business days for each year of this Agreement, such days being utilized for observance of religious holidays or sick leave, which days may not be accrued or otherwise carried over from year to year.
Appears in 4 contracts
Samples: Employment Agreement (Collexis Holdings, Inc.), Employment Agreement (Collexis Holdings, Inc.), Employment Agreement (Collexis Holdings, Inc.)
Vacation and Personal Leave. Executive shall be entitled to twenty (20) business days paid time off for each twelve (12) consecutive calendar monthly period during the Employment Termvacation, to be taken in accordance with the vacation accrual schedule, if any, and set forth in Company's Employee Handbook. Additionally, Executive shall be entitled to take personal leave up to a maximum of ten (10) business days for each year of this Agreement, such days being utilized for observance of religious holidays or sick leave, which days may not be accrued or otherwise carried over only from year to the extent set forth or otherwise permitted in Company’s personnel policies or, if any, employee handbookyear.
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