Common use of Vacation Clause in Contracts

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 16 contracts

Samples: Employment Agreement (NewStar Financial, Inc.), Employment Agreement (NewStar Financial, Inc.), Employment Agreement (NewStar Financial, Inc.)

AutoNDA by SimpleDocs

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 11 contracts

Samples: Employment Agreement (Hanger Orthopedic Group Inc), Employment Agreement (Hanger Orthopedic Group Inc), Employment Agreement (Hanger Orthopedic Group Inc)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar yearduring each year of the Term. Unused vacation in any year shall carry over to subsequent years without limitation, accrued unless otherwise provided in accordance with a vacation pay policy that is generally applicable to the usual vacation policies in effect at senior executives of the Company.

Appears in 9 contracts

Samples: Employment Agreement (Herbalife Ltd.), Employment Agreement (Herbalife Nutrition Ltd.), Stock Unit Award Agreement (Herbalife Ltd.)

Vacation. During his employment hereunder, Executive shall be entitled to five (5) weeks of paid vacation per each calendar year, accrued in accordance with the usual year (or such greater amount of vacation policies in effect at the Companyas provided to executives of Company generally) and to all holidays provided to executives of Company generally.

Appears in 9 contracts

Samples: Employment Agreement (Superior Well Services, INC), Release Agreement (Superior Well Services, INC), Employment Agreement (Superior Well Services, INC)

Vacation. Executive shall be entitled to accrue up to five (5) weeks of paid vacation per calendar year, accrued . Vacation time will accrue in accordance with the usual vacation policies in effect at the CompanyCompany from time to time, provided that notwithstanding anything in any Company policy to the contrary, Executive shall not be permitted to carry over any accrued but unused vacation time from one calendar year to the next; any accrued but unused vacation time at the end of a calendar year shall be forfeited.

Appears in 8 contracts

Samples: Employment Agreement (NewStar Financial, Inc.), Employment Agreement (NewStar Financial, Inc.), Employment Agreement (NewStar Financial, Inc.)

Vacation. During each full year of the Term of Employment, the Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual Company’s vacation policies policy, as in effect at the Companyfrom time to time.

Appears in 8 contracts

Samples: Executive Employment Agreement (Vaalco Energy Inc /De/), Executive Employment Agreement (Vaalco Energy Inc /De/), Executive Employment Agreement (Vaalco Energy Inc /De/)

Vacation. Executive shall be entitled to five (5) weeks of annual paid vacation per calendar yeardays, accrued or such greater amount as may be allowed in accordance with the usual vacation policies Company plans, policies, programs and practices as may be in effect at the Companyfrom time to time, which shall accrue and be useable by Executive in accordance with Company policy.

Appears in 8 contracts

Samples: Employment Agreement (NCS Multistage Holdings, Inc.), Employment Agreement (NCS Multistage Holdings, Inc.), Employment Agreement (NCS Multistage Holdings, Inc.)

Vacation. During the Term, the Executive shall be entitled to eligible for five (5) weeks of paid vacation per calendar year, accrued year (prorated for partial years) in accordance with the usual Bank’s vacation policies policies, as in effect at the Companyfrom time to time.

Appears in 7 contracts

Samples: Employment Agreement (Columbia Financial, Inc.), Employment Agreement (Columbia Financial, Inc.), Employment Agreement (Columbia Financial, Inc.)

Vacation. During the Term, the Executive shall be entitled to five (5) weeks of paid vacation per each calendar year, accrued in accordance with the usual vacation policies in effect at subject to the Company’s standard carryover policy.

Appears in 6 contracts

Samples: Executive Employment Agreement (Midstates Petroleum Company, Inc.), Executive Employment Agreement (Midstates Petroleum Company, Inc.), Executive Employment Agreement (Midstates Petroleum Company, Inc.)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per each calendar year, accrued in accordance with the usual vacation policies in effect at the Companyyear of service.

Appears in 6 contracts

Samples: Executive Employment Agreement (Telx Group, Inc.), Executive Employment Agreement (Telx Group, Inc.), Executive Employment Agreement (Telx Group, Inc.)

Vacation. The Executive shall be entitled to paid vacation of five (5) weeks of paid weeks, or as specified in the Employer’s then current vacation per calendar yearpolicy, accrued in accordance with the usual vacation policies in effect at the Companyas amended from time to time if greater.

Appears in 6 contracts

Samples: Employment Agreement (Tennessee Commerce Bancorp, Inc.), Employment Agreement (Tennessee Commerce Bancorp, Inc.), Employment Agreement (Tennessee Commerce Bancorp, Inc.)

Vacation. Executive shall be entitled to five (5) up to 5 weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Companyannually.

Appears in 5 contracts

Samples: Employment Agreement (Compass Minerals International Inc), Employment Agreement (Compass Minerals International Inc), Employment Agreement (Compass Minerals International Inc)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per each calendar year, accrued which shall be taken at such times as are consistent with the Executive’s responsibilities hereunder; provided, however, subject to applicable law, that the Executive shall not be entitled to carry over unused vacation from year to year in an amount exceeding that which the Executive would be entitled to carry over in accordance with the usual Company’s standard vacation policies in effect at policy as applied to employees of the Executive’s longevity with the Company.

Appears in 5 contracts

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

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per in each calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 5 contracts

Samples: Employment Agreement (FNB United Corp.), Employment Agreement (CommunityOne Bancorp), Form of Employment Agreement (CommunityOne Bancorp)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar days each year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 5 contracts

Samples: Consulting Agreement (Safety Quick Lighting & Fans Corp.), Executive Chairman Agreement (SQL Technologies Corp.), Chairman Agreement (SQL Technologies Corp.)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per annum; provided, that the Executive shall be paid annually in cash for vacation days not taken by him; provided that any such payment shall be paid to the Executive not later than March 15 of the year following the calendar year, accrued year in accordance with which the usual unused vacation policies in effect at the Companydays accrued.

Appears in 4 contracts

Samples: Employment Agreement (Dipexium Pharmaceuticals, LLC), Employment Agreement (Dipexium Pharmaceuticals, LLC), Employment Agreement (Dipexium Pharmaceuticals, LLC)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per during each calendar year, accrued in accordance . The vacation shall be taken at the discretion of the Executive with the usual understanding that the Executive will take into account business needs and operations in scheduling vacation. All vacation policies in effect at earned must be taken by the Companyend of the calendar year following accrual or it is forfeited.

Appears in 4 contracts

Samples: Vermont Transit Co Inc, Agreement (Laidlaw International Inc), Agreement (Laidlaw International Inc)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued which, if not taken, may be carried forward to any subsequent year, except in accordance with the usual vacation policies in effect at Company policy applicable to the Company's employees generally. The Executive shall also be entitled to such holidays and, subject to the provisions of Section 5, other paid or unpaid leaves of absence as are consistent with the Company's normal policies.

Appears in 4 contracts

Samples: Employment Agreement (Online Holdings Inc), Employment Agreement (Online Holdings Inc), Employment Agreement (Online Holdings Inc)

Vacation. During the Term, Executive shall will be entitled to five (5) weeks of paid vacation per time each calendar year, accrued pro-rated monthly for partial calendar years, to be used in accordance with the usual requirements of the Company’s vacation policy as in effect from time to time. Earned but unused vacation will be paid to Executive in accordance with the Company’s policies in effect at on the Companydate hereof.

Appears in 4 contracts

Samples: Employment Agreement (Fsi International Inc), Employment Agreement (Fsi International Inc), Employment Agreement (Fsi International Inc)

Vacation. Executive shall be entitled to five (5) six weeks of paid vacation per calendar yearpursuant to the applicable Company vacation policy, accrued in accordance with the usual vacation policies in effect at the Companyplan or regular practice, as may be modified from time to time.

Appears in 4 contracts

Samples: Employment Agreement (Expion360 Inc.), Employment Agreement (Expion360 Inc.), Employment Agreement (Expion360 Inc.)

Vacation. The Executive shall will be entitled to five (5) paid weeks of paid vacation per calendar year, accrued year during each year of the term of this Agreement in accordance with the usual Company’s vacation policies in effect at the Companypolicy generally applicable to Executive Officers.

Appears in 4 contracts

Samples: Employment Agreement (Clorox Co /De/), Employment Agreement (Clorox Co /De/), Employment Agreement (Clorox Co /De/)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per calendar each year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 4 contracts

Samples: Employment Agreement (Spectrum Brands, Inc.), Employment Agreement (Rayovac Corp), Employment Agreement (Rayovac Corp)

Vacation. Executive shall will continue to be entitled to five (5) weeks of paid vacation of five weeks per calendar year, accrued year in accordance with the usual Company’s vacation policies in effect at policy, with the timing and duration of specific vacations mutually and reasonably agreed to by the parties hereto. Vacation accrues as follows: 7.69 hours per pay period, subject to the Company’s policies with respect to maximum accrual of vacation.

Appears in 4 contracts

Samples: Diorio Employment Agreement (Impinj Inc), Colleran Employment Agreement (Impinj Inc), Colleran Employment Agreement (Impinj Inc)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per full calendar year, accrued which shall accrue in accordance with the usual Company’s vacation policies policy as in effect at the Companyfrom time to time.

Appears in 4 contracts

Samples: Employment Agreement (ARC Properties Operating Partnership, L.P.), Employment Agreement (Global Net Lease, Inc.), Employment Agreement (Global Net Lease, Inc.)

Vacation. Executive shall be entitled to five (5) weeks of annual paid vacation per calendar yeardays, accrued which shall accrue and be useable by Executive in accordance with the usual vacation policies Company policy, as may be in effect at the Companyfrom time to time.

Appears in 4 contracts

Samples: Employment Agreement (Moneygram International Inc), Employment Agreement (Universal Hospital Services Inc), Employment Agreement (Moneygram International Inc)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued annually and shall take holidays in accordance with the usual vacation policies in effect at the CompanyCRM’s standard holiday schedule as amended from time to time.

Appears in 3 contracts

Samples: Employment Agreement (CRM Holdings, Ltd.), Employment Agreement (CRM Holdings, Ltd.), Employment Agreement (CRM Holdings, Ltd.)

Vacation. The Executive shall be entitled to five (5) weeks of or thirty-five (35) paid vacation days per calendar year, accrued in accordance with year effective as of the usual vacation policies in effect at date of the CompanyAgreement.

Appears in 3 contracts

Samples: Executive Employment Agreement (National Boston Medical Inc), Executive Employment Agreement (National Boston Medical Inc), Employment Agreement (National Boston Medical Inc)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Companypay during each twelve (12) month period of employment under this Agreement.

Appears in 3 contracts

Samples: Agreement (DRS Technologies Inc), Agreement (DRS Technologies Inc), Agreement (DRS Technologies Inc)

Vacation. Executive shall be entitled to five (5) weeks of weeks' paid vacation per calendar yearin respect of each 12-month period during the term of his employment hereunder, accrued in accordance with such vacation to be taken at times mutually agreeable to Executive and the usual Boards. Vacation time shall not be cumulative from one 12-month period to the next, but Executive shall receive vacation policies in effect pay at the Companythen current salary rate for any vacation time not taken by him.

Appears in 3 contracts

Samples: Employment Agreement (GST Telecommunications Inc), Employment Agreement (GST Telecommunications Inc), Employment Agreement (GST Telecommunications Inc)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar yearFiscal Year, accrued in accordance pro rated for periods of less than a full Fiscal Year; PROVIDED, that the timing and duration of any particular vacation shall not interfere with the usual vacation policies business of the Company or the effective performance of Executive's duties hereunder, as reasonably determined in effect at good faith by the CompanyChief Executive Officer.

Appears in 3 contracts

Samples: Employment Agreement (Elite Pharmaceuticals Inc /De/), Employment Agreement (Elite Pharmaceuticals Inc /De/), Employment Agreement (Elite Pharmaceuticals Inc /De/)

Vacation. 5.1 The Executive shall be entitled to a maximum of five (5) weeks of paid vacation per calendar each year, accrued in accordance with to be taken at times mutually convenient to the usual vacation policies in effect at Executive and the CompanyCorporation.

Appears in 3 contracts

Samples: Executive Employment Agreement (Trident Resources Corp), Executive Employment Agreement (Trident Resources Corp), Executive Employment Agreement (Trident Resources Corp)

Vacation. Executive shall will be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 3 contracts

Samples: Employment Agreement (Houston Interweb Design Inc), Employment Agreement (Houston Interweb Design Inc), Employment Agreement (Houston Interweb Design Inc)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Companyvacation.

Appears in 3 contracts

Samples: Employment and Non Interference Agreement (Sensus Metering Systems Inc), Employment and Non Interference Agreement (Sensus Metering Systems Inc), Consulting Agreement (Sensus Metering Systems Inc)

Vacation. Executive shall be entitled to five (5) weeks of weeks’ paid vacation per calendar year, accrued annum; payable annually in accordance with the usual cash for vacation policies in effect at the Companydays not taken by Executive.

Appears in 3 contracts

Samples: Employment Agreement (Acurx Pharmaceuticals, LLC), Employment Agreement (Acurx Pharmaceuticals, LLC), Employment Agreement (Acurx Pharmaceuticals, LLC)

Vacation. During each year of the Term, the Executive shall be entitled to a paid vacation period or periods of five (5) weeks of paid vacation per calendar year, accrued taken in accordance with the usual applicable vacation policies policy as in effect at the Companyfrom time to time.

Appears in 3 contracts

Samples: Employment Agreement (Foster Wheeler LTD), Employment Agreement (Foster Wheeler LTD), Employment Agreement (Foster Wheeler LTD)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per each calendar year, accrued which shall be taken at such times as are consistent with the Executive’s responsibilities hereunder; provided, however, subject to applicable law, that the Executive shall not be entitled to carry over unused vacation from year to year in an amount exceeding that which the Executive would be entitled to carry over in accordance with the usual Company’s standard vacation policies in effect at policy as applied to employees of the Executive’s longevity with the Company.

Appears in 3 contracts

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

Vacation. The Executive shall be entitled to five (5) weeks of paid in each calendar year (pro rated for the number of days in any such year during which he is so employed) and to all paid holidays given by Xxxxxx to its employees. No more than two consecutive weeks of vacation per calendar yearshall be taken at any one time without the approval of the Compensation Committee, accrued and the Executive shall schedule vacations in accordance a manner consistent with the usual vacation policies in effect at the CompanyXxxxxx'x seasonal or other significant business requirements.

Appears in 3 contracts

Samples: Employment Agreement (Orthostrategies Acquisition Corp), Employment Agreement (Langer Biomechanics Group Inc), Executive Employment Agreement (Langer Biomechanics Group Inc)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per during each calendar year, accrued in accordance with year and time off for all holidays as designated by the usual Employer. Unused vacation policies in effect time will be paid to Executive at the Companycalendar year end.

Appears in 3 contracts

Samples: Executive Employment Agreement (GEE Group Inc.), Executive Employment Agreement (GEE Group Inc.), Executive Employment Agreement (GEE Group Inc.)

Vacation. Executive shall be entitled to five (5) 5 weeks of annual paid vacation, which shall be subject in all respects to the terms and conditions of the Company's vacation per calendar yearand paid time off policies, accrued in accordance with the usual vacation policies as may be in effect at the Companyfrom time to time.

Appears in 3 contracts

Samples: Executive Employment Agreement (Tilray, Inc.), Executive Employment Agreement (Tilray, Inc.), Executive Employment Agreement (Tilray Brands, Inc.)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 3 contracts

Samples: Employment Agreement (Reynolds & Reynolds Co), Employment Agreement (Reynolds & Reynolds Co), Employment Agreement (Reynolds & Reynolds Co)

Vacation. Executive shall will be entitled to take up to five (5) weeks of paid vacation per for each calendar yearyear during Executive’s employment; provided, accrued in accordance however, that vacation will only be taken at such times as not to interfere with the usual vacation policies in effect at the Companynecessary performance of Executive’s duties and obligations under this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Gulfport Energy Corp), Employment Agreement (Gulfport Energy Corp), Employment Agreement (Gulfport Energy Corp)

Vacation. Executive shall be entitled to will receive five (5) weeks of paid vacation per calendar year, accrued in accordance with year of the usual vacation policies in effect at the CompanyAgreement.

Appears in 3 contracts

Samples: Employment Agreement (CAESARS ENTERTAINMENT Corp), Employment Agreement (Harrahs Entertainment Inc), Employment Agreement (Harrahs Entertainment Inc)

Vacation. Executive The executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Companyannual vacation.

Appears in 3 contracts

Samples: Employment Agreement (Canglobe International Inc), Employment Agreement (Globetech Environmental, Inc.), Employment Agreement (Security Biometrics Inc)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued prorated for any partial years of services, in accordance with the usual standard written policy of the Company with regard to vacations of employees. Unused vacation policies in effect shall accrue from year to year, but shall be capped at the Companyten (10) weeks.

Appears in 3 contracts

Samples: 2006 Employment Agreement (Smart & Final Inc/De), Employment Agreement (Smart & Final Inc/De), Employment Agreement (Smart & Final Inc/De)

Vacation. Executive shall be entitled to five (5) weeks of weeks’ paid vacation per calendar yearpursuant to the applicable Company vacation policy, accrued in accordance with the usual vacation policies in effect at the Companyplan or regular practice, as may be modified from time to time.

Appears in 3 contracts

Samples: Employment Agreement (Expion360 Inc.), Employment Agreement (Expion360 Inc.), Employment Agreement (Bumble Inc.)

Vacation. The Executive shall will be entitled to take up to five (5) weeks of paid vacation per each calendar year, accrued year during the term of this Agreement. Except as provided in accordance with the usual vacation policies in effect at the Company’s general employment policies or as otherwise provided in this Agreement, no additional compensation will be paid for failure to take vacation and no vacation may be carried forward from one calendar year to another.

Appears in 3 contracts

Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per during each calendar year, accrued in accordance with the usual vacation policies in effect at excluding the Company’s paid holidays.

Appears in 3 contracts

Samples: Employment Agreement (Focus Financial Partners Inc.), Employment Agreement (Focus Financial Partners Inc.), Employment Agreement (Focus Financial Partners Inc.)

Vacation. Executive shall be entitled to five (5) weeks of paid annual vacation per calendar yeartaken at such times as are reasonably convenient to the Executive, accrued in accordance provided that such vacation times do not substantially interfere with the usual vacation policies in effect at the Companyperformance of his duties hereunder.

Appears in 3 contracts

Samples: Employment Agreement (Good Times Restaurants Inc), Employment Agreement (Good Times Restaurants Inc), Employment Agreement (Good Times Restaurants Inc)

Vacation. During the Employment Period, the Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual Company’s vacation policies in effect at the Companypolicy.

Appears in 3 contracts

Samples: Employment Agreement (Media General Inc), Employment Agreement (Media General Inc), Employment Agreement (Media General Inc)

Vacation. Upon the Effective Date and each anniversary thereafter for so long as Executive is employed hereunder, Executive shall be entitled to granted five (5) weeks of weeks’ paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Companyvacation.

Appears in 2 contracts

Samples: Employment Agreement (First Data Corp), Employment Agreement (First Data Corp)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 2 contracts

Samples: Employment Agreement (Stillwater Mining Co /De/), Employment Agreement (Stillwater Mining Co /De/)

Vacation. Executive shall be entitled to five accrue six (56) weeks of paid vacation per calendar year, accrued in accordance with each year pursuant to the usual terms and provisions of the Company’s vacation leave policies as in effect at the Companyfrom time to time.

Appears in 2 contracts

Samples: Executive Employment Agreement (Monster Digital, Inc.), Executive Employment Agreement (Monster Digital, Inc.)

Vacation. Executive shall will be entitled to five (5) weeks of paid vacation per in each calendar year, accrued in accordance with year to be taken at times mutually convenient to the usual vacation policies in effect at the CompanyCorporation and Executive.

Appears in 2 contracts

Samples: Employment Agreement (Kirlin Holding Corp), Employment Agreement (Kirlin Holding Corp)

Vacation. The Executive shall be entitled to five six (56) weeks of paid vacation per full calendar year, accrued which shall accrue in accordance with the usual Company’s vacation policies policy as in effect at the Companyfrom time to time.

Appears in 2 contracts

Samples: Employment Agreement (ARC Properties Operating Partnership, L.P.), Employment Agreement (American Realty Capital Properties, Inc.)

Vacation. The Executive shall be entitled in each calendar year to five (5) weeks' paid vacation, in addition to weekends and statutory holidays, to be taken in installments of no more than two (2) consecutive weeks of paid time off. Subject to the foregoing, paid vacation per calendar year, accrued in accordance with is to be taken at such time or times as the usual vacation policies in effect at Executive may select and the Board may reasonably approve having regard to the business affairs and operations of the Company.

Appears in 2 contracts

Samples: Employment Agreement (ALKALINE WATER Co INC), Employment Agreement (ALKALINE WATER Co INC)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per each calendar year, accrued year in accordance with the usual vacation general policies in effect at of QTS or the Company.

Appears in 2 contracts

Samples: Employment Agreement (QualityTech, LP), Employment Agreement (QualityTech, LP)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued pro-rated for any partial year of employment, in accordance with the usual Company's vacation policies time policy, in effect at the Companyaddition to national or provincial statutory holidays.

Appears in 2 contracts

Samples: Executive Employment (Gatos Silver, Inc.), Executive Employment Agreement (Gatos Silver, Inc.)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance . Unused vacation time may be carried forward only to the extent consistent with the usual Vitesse's then current policy with respect to vacation policies in effect at the Companytime.

Appears in 2 contracts

Samples: Employment Agreement (Vitesse Semiconductor Corp), Employment Agreement (Vitesse Semiconductor Corp)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with during each year of the usual vacation policies in effect at the CompanyTerm.

Appears in 2 contracts

Samples: Employment Agreement (Rite Aid Corp), Employment Agreement (Rite Aid Corp)

Vacation. Executive shall be entitled to five (5) weeks of an annual paid vacation per calendar yearof five weeks, accrued in accordance with the usual such vacation policies in effect to be taken at the Companysuch times as he may select.

Appears in 2 contracts

Samples: Employment Agreement (Medianews Group Inc), Employment Agreement (Medianews Group Inc)

Vacation. The Executive shall be entitled to five (5) 5 weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 2 contracts

Samples: Employment Agreement (SAExploration Holdings, Inc.), Employment Agreement (SAExploration Holdings, Inc.)

AutoNDA by SimpleDocs

Vacation. Executive shall be entitled to receive five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Online Power Supply Inc), Executive Employment Agreement (Online Power Supply Inc)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual Company’s vacation policies in effect at the Companypolicies.

Appears in 2 contracts

Samples: Employment Agreement (Annaly Capital Management Inc), Employment Agreement (Annaly Capital Management Inc)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation time per calendar year, accrued fiscal year in accordance with the usual vacation policies in effect at plans, practices, policies, and programs applicable to the Company’s management employees generally.

Appears in 2 contracts

Samples: Employment and Non Competition Agreement (Vitamin Shoppe, Inc.), And Non Competition Agreement (Vs Holdings, Inc.)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued . Unused vacation time may be carried forward only to the extent consistent with Vitesse’s then current policy with respect to vacation time and in accordance with the usual vacation policies in effect at the Companylaw.

Appears in 2 contracts

Samples: Employment Agreement (Vitesse Semiconductor Corp), Employment Agreement (Vitesse Semiconductor Corp)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per calendar yeareach year during the Term, accrued in accordance with subject to the usual Company’s vacation policies policy in effect at the Companyfrom time to time.

Appears in 2 contracts

Samples: Employment Agreement (Milacron Holdings Corp.), Employment Agreement (Milacron Holdings Corp.)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per each calendar year, accrued pro-rated for partial years of employment, which shall accrue ratably during the year and be taken at such times as are consistent with the Executive’s duties and responsibilities to the Company; provided, however, subject to applicable law, that the Executive shall not be entitled to carry over unused vacation from year to year in an amount exceeding that which the Executive would be entitled to carry over in accordance with the usual Company’s standard vacation policies policy as applied to employees who live in effect at the CompanyExecutive’s state of residence.

Appears in 2 contracts

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

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued year or such longer period as provided in accordance with the usual vacation policies in effect at the CompanySection 3.6 above.

Appears in 2 contracts

Samples: Employment Agreement (Perma Fix Environmental Services Inc), Employment Agreement (Perma Fix Environmental Services Inc)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with year during the usual vacation policies in effect at the CompanyTerm.

Appears in 2 contracts

Samples: Personal Services Agreement (CCE Spinco, Inc.), Personal Services Agreement (CCE Spinco, Inc.)

Vacation. The Executive shall be entitled to five (5) weeks of an annual paid vacation per calendar yearof five weeks, accrued in accordance with the usual such vacation policies in effect to be taken at the Companysuch times as he may select.

Appears in 2 contracts

Samples: Employment Agreement (Garden State Newspapers Inc), Employment Agreement (Garden State Newspapers Inc)

Vacation. Executive shall continue to be entitled to five (5) weeks of paid vacation per calendar year, accrued year to be taken at such times as may be mutually agreed by Executive and the Company in accordance with the usual Company’s vacation policies policy in effect at the Companyfrom time to time.

Appears in 2 contracts

Samples: Employment Agreement (Knowlton Development Corp Inc), Employment Agreement (Knowlton Development Parent, Inc.)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 2 contracts

Samples: Executive Employment and Severance Agreement (Whiting Petroleum Corp), Executive Employment and Severance Agreement (Whiting Petroleum Corp)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar yearvacation, accrued in accordance to be taken at a time or times acceptable to the Company and otherwise consistent with the usual vacation policies in effect at the Companyterms and conditions of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Elcom International Inc), Employment Agreement (Elcom International Inc)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per in each calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 2 contracts

Samples: Share Purchase Agreement (Xpedite Systems Inc), Share Purchase Agreement (Premiere Technologies Inc)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued year or such longer period as provided in accordance with the usual vacation policies in effect at the CompanySection 3.6.

Appears in 2 contracts

Samples: Employment Agreement (Perma Fix Environmental Services Inc), Employment Agreement (Perma Fix Environmental Services Inc)

Vacation. Executive shall be entitled to no less than five (5) weeks of paid vacation and/or paid time off per calendar year, accrued year (as prorated for partial years) in accordance with the usual vacation Company’s policies on accrual and use applicable to executive officers as in effect at the Companyfrom time to time.

Appears in 2 contracts

Samples: Employment Agreement (Air Methods Corp), Employment Agreement (Air Methods Corp)

Vacation. During the term of this Agreement, Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual year and any vacation policies in effect at the Companytime not taken during any calendar year shall be carried over into subsequent calendar years.

Appears in 2 contracts

Samples: Employment Agreement (Interactive Technologies Com LTD), Employment Agreement (Interactive Technologies Com LTD)

Vacation. During each year of his employment, Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual Company vacation policies in effect at the Companypolicy.

Appears in 2 contracts

Samples: Employment Agreement (Edge Petroleum Corp), Employment Agreement (Edge Petroleum Corp)

Vacation. The Executive shall will be entitled to take up to five (5) weeks of paid vacation per each calendar year, accrued year during the term of this Agreement. Except as provided in accordance with the usual vacation policies in effect at the Company's general employment policies or as otherwise provided in this Agreement, no additional compensation will be paid for failure to take vacation and no vacation may be carried forward from one calendar year to another.

Appears in 2 contracts

Samples: Employment Agreement (Chesapeake Energy Corp), Employment Agreement (Chesapeake Energy Corp)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar days each year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Safety Quick Lighting & Fans Corp.), Executive Employment Agreement (Safety Quick Lighting & Fans Corp.)

Vacation. Executive shall be entitled to eligible for five (5) weeks paid vacation, annually during the term of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the CompanyAgreement.

Appears in 2 contracts

Samples: Executive Compensation and Benefits Agreement (Cost U Less Inc), Executive Compensation and Benefits Agreement (Cost U Less Inc)

Vacation. During the Employment Term the Executive shall be entitled to five (5) weeks of paid vacation per during each calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 2 contracts

Samples: Employment Agreement (Triumph Group Inc /), Employment Agreement (Triumph Group Inc /)

Vacation. Executive shall be entitled to annual paid vacation time of five (5) weeks of paid vacation per calendar yearweeks, accrued in accordance to be taken at such time or times as Executive may select, consistent with the usual vacation policies in effect at the Companyhis obligations hereunder.

Appears in 1 contract

Samples: Executive Employment Agreement (Vincera Pharma, Inc.)

Vacation. During the Term, the Executive shall be entitled to five (5) weeks of a paid vacation of at least five weeks (but not necessarily consecutive vacation weeks) per calendar yearannum, accrued in accordance with the usual vacation policies in effect at the CompanyCompany policy.

Appears in 1 contract

Samples: Employment Agreement (Kroll Inc)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued and shall take holidays in accordance with the usual vacation policies in effect at the Company's standard holiday schedule as amended from time to time.

Appears in 1 contract

Samples: Employment Agreement (CRM Holdings, Ltd.)

Vacation. The Executive shall be entitled to five (5) weeks of paid vacation per calendar fiscal year during which time his compensation shall be paid in full, and any unused vacation and personal time shall accrue from year to year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 1 contract

Samples: Amended Executive Employment Agreement (Host America Corp)

Vacation. Executive shall be entitled to receive five (5) weeks of paid vacation per calendar year, accrued in accordance with annum (pro-rated for partial fiscal years) and shall be entitled to receive paid holidays as enjoyed by all other employees of the usual vacation policies in effect at the CompanyCorporation.

Appears in 1 contract

Samples: Employment Agreement (Fuelcell Energy Inc)

Vacation. The Executive shall be entitled to five (5) weeks of paid weeks' vacation with pay per calendar year, accrued in accordance with the usual vacation policies in effect year to be scheduled at the Companymutual convenience of the parties.

Appears in 1 contract

Samples: Employment Agreement (Toronto Dominion Bank)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar yearannum, accrued in accordance with which shall accrue at a rate of 2.083 days per month from the usual vacation policies in effect Effective Date, to be taken at a time or times acceptable to the Company, having regard to its operations. In addition, Executive shall be entitled to such holidays consistent with Neurotrope’s policies and practices with respect to its officers.

Appears in 1 contract

Samples: Employment Agreement (Neurotrope, Inc.)

Vacation. Executive shall will be entitled to five (5) weeks of paid vacation per calendar year, accrued of up to six weeks annually to be administered in accordance with the usual Company’s vacation policies in effect at policy, with the Companytiming and duration of specific vacations mutually and reasonably agreed to by the parties hereto.

Appears in 1 contract

Samples: Higgins Employment Agreement (Somera Communications Inc)

Vacation. Executive shall be entitled to five (5) weeks of paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 1 contract

Samples: Employment Agreement (GS Acquisition Holdings Corp II)

Vacation. 8.1 The Executive shall be entitled to five (5) weeks of an annual paid vacation per of five weeks. Vacation may be taken at such times as the Corporation agrees to, acting reasonably. Vacation entitlement shall be calculated by reference to the calendar year, accrued in accordance with the usual vacation policies in effect at the Company.

Appears in 1 contract

Samples: Executive Employment Agreement (Odd Burger Corp)

Vacation. Upon the Effective Date Executive shall be entitled to granted five (5) weeks of weeks’ paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Companyvacation.

Appears in 1 contract

Samples: Employment Transition Agreement (Dollar General Corp)

Vacation. During the term of this Agreement, Executive shall be entitled to five (5) 5 weeks of paid vacation per calendar year, accrued in accordance with the usual . Any vacation policies in effect at time not taken during any calendar year shall be subject to the Company's standard practices for other officers.

Appears in 1 contract

Samples: Employment Agreement (Kos Pharmaceuticals Inc)

Vacation. During the Term, the Executive shall be entitled to five (5) weeks of an annual five-week paid vacation per calendar year, accrued period in accordance with the usual applicable executive vacation policies policy as in effect at the Companyfrom time to time.

Appears in 1 contract

Samples: Employment Agreement (Foster Wheeler LTD)

Vacation. Executive shall be entitled to five (5) weeks of annual paid vacation per calendar year, accrued in accordance with the usual vacation policies in effect at the Companyvacation.

Appears in 1 contract

Samples: Employment Agreement (Duane Reade Holdings Inc)

Vacation. The Executive shall be entitled to five (5) weeks of paid annual vacation per calendar year, accrued in accordance with the usual vacation Corporation’s policies and practices in effect at the Companyrelevant time for senior executives.

Appears in 1 contract

Samples: Executive Employment Agreement (Megawest Energy Corp.)

Vacation. Executive shall will be entitled to five (5) weeks of paid vacation per calendar year, accrued during each fiscal year (taken consecutively or in segments). Such vacation will accrue and be scheduled in accordance with the usual vacation Company's standard policies and practices as in effect from time to time. Any accrued but unused vacation may be carried over to subsequent years or, at the CompanyExecutive's elective, cashed out annually.

Appears in 1 contract

Samples: Employment Agreement (Oao Technology Solutions Inc)

Vacation. Executive shall be entitled to a vacation of five (5) weeks during each year of paid vacation per calendar yearthe Term, accrued in accordance with the usual vacation policies in effect at times mutually agreeable to Executive and the Company. All payments and benefits to Executive shall be paid and continue during all vacation periods.

Appears in 1 contract

Samples: Employment Agreement (Citizens Utilities Co)

Vacation. During the Employment Term, the Executive shall be entitled to receive five (5) weeks of paid vacation per calendar year, year to be used and accrued in accordance with the usual vacation SP’s policies in effect at the Companyas may be established from time to time.

Appears in 1 contract

Samples: Employment Agreement (SiriusPoint LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.