Common use of Leave Credit Clause in Contracts

Leave Credit. During the Employment, and in addition to the Company observed and posted holidays (normally 10 per year), Employee shall accrue paid leave at a rate of 1.66 days per month (equaling a total of 20 days per year); provided, however, that any such leave time, if not used, will be subject to the Company's limitations on the maximum accrual; and, provided further, that Employee shall use his best efforts to coordinate with the Chief Executive Officer of the Company the dates upon which Employee shall use his aforesaid leave time so as to minimize the negative impact upon the Company occasioned by Employee's absence.

Appears in 2 contracts

Samples: Employment Agreement (Sm&A), Employment Agreement (Sm&A)

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Leave Credit. During the Employment, and in addition to the Company observed and posted holidays (normally 10 per year), Employee shall accrue paid leave at a rate of 1.66 25 days per month (equaling a total of 20 days per year)annum; provided, however, that any such leave time, if not used, will be subject to the Company's ’s limitations on the maximum accrualaccrual of 10 weeks; and, provided further, that Employee shall use his her best efforts to coordinate with the Chief Executive Officer of the Company the dates upon which Employee shall use his her aforesaid leave time so as to minimize the negative impact upon the Company occasioned by Employee's ’s absence.

Appears in 2 contracts

Samples: Employment Agreement (Sm&A), Employment Agreement (Sm&A)

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Leave Credit. During the Employment, and in addition to the Company observed and posted holidays (normally 10 per year), Employee shall accrue paid leave at a rate of 1.66 days per month (equaling a total of 20 days per year); provided, however, that any such leave time, if not used, will be subject to the Company's limitations on the maximum accrual; and, provided further, that Employee shall use his her best efforts to coordinate with the Chief Executive Officer of the Company the dates upon which Employee shall use his her aforesaid leave time so as to minimize the negative impact upon the Company occasioned by Employee's absence.

Appears in 1 contract

Samples: Employment Agreement (Sm&A)

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