Common use of Paid Vacation Clause in Contracts

Paid Vacation. Executive shall be entitled to a paid annual vacation of three (3) weeks. Vacation time may be accumulated and carried over by Executive into any subsequent year(s); provided, however, Executive shall not be permitted to accumulate more than six (6) weeks of accrued and unused vacation. In addition, the Executive shall be allowed up to five (5) days each year to attend professional continuing education meetings or seminars; provided that attendance at such meetings or seminars shall be planned for minimum interference with the Company's business.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Lexicon Genetics Inc/Tx), Employment Agreement (Lexicon Genetics Inc/Tx), Employment Agreement (Lexicon Genetics Inc/Tx)

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Paid Vacation. Executive shall initially be entitled to three (3) weeks of paid vacation during each 12-month period of employment with the Company (which shall accrue monthly on a pro rata basis). Executive shall thereafter be entitled to the number of days of paid annual vacation of each year that is accorded under the Company's vacation policy as in effect from time to time or three (3) weeks, whichever is greater. Vacation time may be accumulated and carried over by Executive into any subsequent year(s); provided, however, Executive shall not be permitted Unused vacation days up to accumulate more than six a maximum of two (62) weeks of accrued and unused vacation. In addition, the Executive in one year shall be allowed up carried forward for a period not to five (5) days each year to attend professional continuing education meetings or seminars; provided that attendance at such meetings or seminars shall be planned for minimum interference exceed 12 months in accordance with the Company's businessvacation policy as in effect from time to time.

Appears in 5 contracts

Samples: Employment Agreement (Synagro Technologies Inc), Employment Agreement (Synagro Technologies Inc), Employment Agreement (Synagro Technologies Inc)

Paid Vacation. Executive shall initially be entitled to three (3) weeks of paid vacation during each 12-month period of employment with the Company (which shall accrue monthly on a PRO RATA basis). Executive shall thereafter be entitled to the number of days of paid annual vacation of each year that is accorded under the Company's vacation policy as in effect from time to time or three (3) weeks, whichever is greater. Vacation time may be accumulated and carried over by Executive into any subsequent year(s); provided, however, Executive shall not be permitted Unused vacation days up to accumulate more than six a maximum of two (62) weeks of accrued and unused vacation. In addition, the Executive in one year shall be allowed up carried forward for a period not to five (5) days each year to attend professional continuing education meetings or seminars; provided that attendance at such meetings or seminars shall be planned for minimum interference exceed 12 months in accordance with the Company's businessvacation policy as in effect from time to time.

Appears in 4 contracts

Samples: Employment Agreement (Synagro Technologies Inc), Employment Agreement (Synagro Technologies Inc), Employment Agreement (Synagro Technologies Inc)

Paid Vacation. Executive shall be entitled to a paid annual vacation of three four (34) weeks. Vacation time may be accumulated and carried over by Executive into any subsequent year(s); provided, however, Executive shall not be permitted to accumulate more than six (6) eight weeks of accrued and unused vacation. In addition, the Executive shall be allowed up to five ten (510) days each year to attend professional continuing education meetings or seminars; provided provided, that attendance at such meetings or seminars shall be planned for minimum interference with the Company's business.. Initials: --------- Initials: ---------

Appears in 1 contract

Samples: Employment Agreement (Lexicon Genetics Inc/Tx)

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Paid Vacation. Executive shall be entitled to a paid annual vacation of three (3) weeks. Vacation time may be accumulated and carried over by Executive into any subsequent year(s); provided, however, Executive shall not be permitted to accumulate more than six (6) weeks of accrued and unused vacation. In addition, the Executive shall be allowed up to five (5) days each year to attend professional continuing education meetings or seminars; provided provided, that attendance at such meetings or seminars shall be planned for minimum interference with the Company's business.

Appears in 1 contract

Samples: Employment Agreement (Lexicon Genetics Inc/Tx)

Paid Vacation. Executive shall be entitled to a paid annual vacation of three (3) weeks. Vacation time may be accumulated and carried over by Executive into any subsequent year(s); provided, however, Executive shall not be permitted to accumulate more than six (6) weeks of accrued and unused vacation. In addition, the Executive shall be allowed up to five (5) days each year to attend professional continuing education meetings or seminars; provided provided, that attendance at such meetings or seminars shall be planned for minimum interference with the Company's business.Initials:_______ Initials:_______

Appears in 1 contract

Samples: Employment Agreement (Lexicon Genetics Inc/Tx)

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