Common use of Sick Leave and Disability Clause in Contracts

Sick Leave and Disability. Employee will be entitled to sick leave for the number of days determined by Company ("Sick Leave"). Employee will be considered to be disabled during any period in excess of Sick Leave during which Employee is unable to work because of illness or incapacity ("Disability Period"). Employee will be entitled to receive Employee's full salary during Sick Leave and will be deemed to be on leave, without pay, during the Disability Period. If Employee is unable to work for a period in excess of 180 days, the Employee, at the discretion of the Board of Directors of Company, will be considered to have resigned. In no event will Employee be entitled to payment or other compensation for unused Sick Leave or Disability Period, unless required by law or otherwise provided in a policy or employment manual adopted by the Board of Directors of Company.

Appears in 10 contracts

Samples: Pooling Agreement (SBS Technologies Inc), Employment Agreement (SBS Technologies Inc), Employment Agreement (SBS Technologies Inc)

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Sick Leave and Disability. Employee will be entitled to sick leave for the number of days determined by Company ("Sick Leave"). Employee will be considered to be disabled during any period in excess of Sick Leave during which Employee is unable to work because of illness or incapacity ("Disability Period"). Employee Period”).Employee will be entitled to receive Employee's ’s full salary during Sick Leave and will be deemed to be on leave, without pay, during the Disability Period. If Employee is unable to work for a period in excess of 180 90 days, the Employee, at the discretion of the Board of Directors of Companycompany, will be considered to have resigned. In no event will Employee be entitled to payment or other compensation for unused Sick Leave or Disability Period, unless required by law or otherwise provided in a policy or employment manual adopted by the Board of Directors of Company.

Appears in 5 contracts

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

Sick Leave and Disability. Employee will be entitled to sick leave for the number of days determined by Company ("Sick Leave"). Employee will be considered to be disabled during any period in excess of Sick Leave during which Employee is unable to work because of illness or incapacity ("Disability Period"). Employee Period").Employee will be entitled to receive Employee's full salary during Sick Leave and will be deemed to be on leave, without pay, during the Disability Period. If Employee is unable to work for a period in excess of 180 90 days, the Employee, at the discretion of the Board of Directors of Companycompany, will be considered to have resigned. In no event will Employee be entitled to payment or other compensation for unused Sick Leave or Disability Period, unless required by law or otherwise provided in a policy or employment manual adopted by the Board of Directors of Company.

Appears in 3 contracts

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

Sick Leave and Disability. Employee will be entitled to sick leave for the number of days determined by Company ("Sick Leave"). Employee will be considered to be disabled during any period in excess of Sick Leave during which Employee is unable to work because of illness or incapacity ("Disability Period"). Employee will be entitled to receive Employee's ’s full salary during Sick Leave and will be deemed to be on leave, without pay, during the Disability Period. If Employee is unable to work for a period in excess of 180 90 days, the Employee, at the discretion of the Board of Directors Chief Executive Officer of Company, will be considered to have resigned. In no event will Employee be entitled to payment or other compensation for unused Sick Leave or Disability Period, unless required by law or otherwise provided in a policy or employment manual adopted by the Board of Directors of Company.

Appears in 2 contracts

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

Sick Leave and Disability. Employee will be entitled to sick leave paid time off for the number of days determined by Company ("Sick Leave"“PTO”). Employee will be considered to be disabled during any period in excess of Sick Leave accrued PTO during which Employee is unable to work because of illness or incapacity ("Disability Period"). Employee will be entitled to receive Employee's ’s full salary during Sick Leave PTO and will be deemed to be on leave, without pay, during the Disability Period. If Employee is unable to work for a period in excess of 180 90 days, the Employee, at the discretion of the Board of Directors of Companycompany, will be considered to have resigned. In no event will Employee be entitled to payment or other compensation for unused Sick Leave PTO or Disability Period, unless required by law or otherwise provided in a policy or employment manual adopted by the Board of Directors of Company.

Appears in 1 contract

Samples: Employment Agreement

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Sick Leave and Disability. Employee will be entitled to sick leave for the number of days determined by Company ("Sick Leave"). Employee will be considered to be disabled during any period in excess of Sick Leave during which Employee is unable to work because of illness or incapacity ("Disability Period"). Employee will be entitled to receive Employee's ’s full salary during Sick Leave and will be deemed to be on leave, without pay, during the Disability Period. If Employee is unable to work for a period in excess of 180 90 days, the Employee, at the discretion of the Board of Directors of Companycompany, will be considered to have resigned. In no event will Employee be entitled to payment or other compensation for unused Sick Leave or Disability Period, unless required by law or otherwise provided in a policy or employment manual adopted by the Board of Directors of Company.

Appears in 1 contract

Samples: Employment Agreement (SBS Technologies Inc)

Sick Leave and Disability. Employee will be entitled to sick leave paid time off for the number of days determined by Company ("Sick LeavePTO"). Employee will be considered to be disabled during any period in excess of Sick Leave accrued PTO during which Employee is unable to work because of illness or incapacity ("Disability Period"). Employee will be entitled to receive Employee's full salary during Sick Leave PTO and will be deemed to be on leave, without pay, during the Disability Period. If Employee is unable to work for a period in excess of 180 90 days, the Employee, at the discretion of the Board of Directors of Companycompany, will be considered to have resigned. In no event will Employee be entitled to payment or other compensation for unused Sick Leave PTO or Disability Period, unless required by law or otherwise provided in a policy or employment manual adopted by the Board of Directors of Company.

Appears in 1 contract

Samples: Employment Agreement (SBS Technologies Inc)

Sick Leave and Disability. Employee will be entitled to sick leave for the number of days determined by Company ("Sick Leave"). Employee will be considered to be disabled during any period in excess of Sick Leave during which Employee is unable to work because of illness or incapacity ("Disability Period"). Employee will be entitled to receive Employee's full salary during Sick Leave and will be deemed to be on leave, without pay, during the Disability Period. If Employee is unable to work for a period in excess of 180 90 days, the Employee, at the discretion of the Board of Directors Chief Executive Officer of Company, will be considered to have resigned. In no event will Employee be entitled to payment or other compensation for unused Sick Leave or Disability Period, unless required by law or otherwise provided in a policy or employment manual adopted by the Board of Directors of Company.

Appears in 1 contract

Samples: Employment Agreement (SBS Technologies Inc)

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