Common use of Vacation Time Allowances Clause in Contracts

Vacation Time Allowances. Executive shall be entitled each calendar year to twenty (20) business days of vacation, prorated for any partial year, during which time Executive’s compensation will continue to be paid. Each year, Executive shall take ten (10) of the twenty (20) vacation days consecutively. Unused vacation days shall not accumulate from year to year.

Appears in 1 contract

Samples: Employment Agreement (Coastal Carolina Bancshares, Inc.)

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Vacation Time Allowances. Executive shall be entitled each calendar year to twenty (20) business 18 days of vacation, prorated for any partial year, during which time Executive’s compensation will continue to shall be paid. Each year, Executive shall take ten (10) of the twenty (20) vacation days consecutivelypaid in full. Unused vacation days shall not accumulate accrue from year to year.

Appears in 1 contract

Samples: Employment Agreement (Touchstone Bancshares, Inc.)

Vacation Time Allowances. Executive shall be entitled each calendar year to twenty (20) business days of vacation, prorated for any partial year, during which time Executive’s compensation will continue to be paid. Each year, Executive shall take ten five (105) of the twenty (20) vacation days consecutively. Unused vacation days shall not accumulate from year to year.

Appears in 1 contract

Samples: Employment Agreement (Coastal Carolina Bancshares, Inc.)

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Vacation Time Allowances. Executive shall be entitled each calendar year to twenty (20) business 15 days of vacation, prorated for any partial year, during which time Executive’s compensation will continue to shall be paid. Each year, Executive shall take ten (10) of the twenty (20) vacation days consecutivelypaid in full. Unused vacation days shall not accumulate accrue from year to year.

Appears in 1 contract

Samples: Employment Agreement (Touchstone Bancshares, Inc.)

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