Common use of Vacation and Leave Clause in Contracts

Vacation and Leave. Executive will be entitled to paid vacation time each year during the term of this Agreement measured on a fiscal or calendar year basis, in accordance with the Bank’s customary practices, as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Any unused paid time off during an annual period will be treated in accordance with the Bank’s personnel policies as in effect from time to time.

Appears in 23 contracts

Samples: Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc)

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Vacation and Leave. Executive will be entitled to paid vacation time each year during the term of this Agreement measured on a fiscal or calendar year basis, in accordance with the Bank’s customary practices, as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Any unused paid time off during an annual period will be treated in accordance with the Bank’s personnel policies as in effect from time to time.

Appears in 9 contracts

Samples: Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc)

Vacation and Leave. Executive will be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s customary usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Any unused paid time off during an annual period will be treated in accordance with the Bank’s personnel policies as in effect from time to time.

Appears in 5 contracts

Samples: Employment Agreement (Cape Bancorp, Inc.), Employment Agreement (Cape Bancorp, Inc.), Employment Agreement (Cape Bancorp, Inc.)

Vacation and Leave. Executive will be entitled to paid vacation time each year during the term of this Agreement measured on a fiscal or calendar year basis, in accordance with the Bank’s 's customary practices, as well as sick leave, holidays and other paid absences in accordance with the Bank’s 's policies and procedures for senior executives. Any unused paid time off during an annual period will be treated in accordance with the Bank’s 's personnel policies as in effect from time to time.

Appears in 4 contracts

Samples: Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc)

Vacation and Leave. Executive will be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the BankAssociation’s customary usual practices), as well as sick leave, holidays and other paid absences in accordance with the BankAssociation’s policies and procedures for senior executives. Any unused paid time off during an annual period will be treated in accordance with the BankAssociation’s personnel policies as in effect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (St. Joseph Bancorp, Inc.), Employment Agreement (St. Joseph Bancorp, Inc.)

Vacation and Leave. Executive will be entitled to paid vacation time each year during the term of this Agreement measured on a fiscal or calendar year basis, in accordance with the Bank’s customary practices, as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Any unused paid time off during an annual period will be treated in accordance with the Bank’s personnel policies as in effect from time to time.. 

Appears in 2 contracts

Samples: Employment Agreement (BCB Bancorp Inc), Employment Agreement (BCB Bancorp Inc)

Vacation and Leave. Executive will be entitled to not less than four (4) weeks paid vacation time leave each year during the term of this Agreement measured on a fiscal or calendar year basis, in accordance with the Bank’s customary practicesAgreement, as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Any unused paid time off during an annual period will be treated in accordance with the Bank’s personnel policies as in effect from time to timeofficers.

Appears in 2 contracts

Samples: Employment Agreement (Square 1 Financial Inc), Employment Agreement (Square 1 Financial Inc)

Vacation and Leave. Executive will be entitled to no less than four (4) weeks paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s customary usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Any unused paid time off during an annual period will be treated in accordance with the Bank’s personnel policies as in effect from time to time.

Appears in 2 contracts

Samples: Employment Agreement (OmniAmerican Bancorp, Inc.), Employment Agreement (OmniAmerican Bancorp, Inc.)

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Vacation and Leave. Executive will be entitled to paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the BankCompany’s customary usual practices), as well as sick leave, holidays and other paid absences in accordance with the BankCompany’s policies and procedures for senior executives. Any unused paid time off during an annual period will be treated in accordance with the BankCompany’s personnel policies as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (OBA Financial Services, Inc.)

Vacation and Leave. Executive will be entitled to paid vacation time each year of twenty-five (25) days annually during the term of this Agreement measured on a fiscal or calendar year basisfrom the Effective Date, in accordance with the Bank’s 's customary practices, as well as sick leave, holidays and other paid absences in accordance with the Bank’s 's policies and procedures for senior executives. Any unused paid time off during an annual period will be treated in accordance with the Bank’s 's personnel policies as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (BCB Bancorp Inc)

Vacation and Leave. Executive will be entitled to no less than four (4) weeks paid vacation time each year during the term of this Agreement (measured on a fiscal or calendar year basis, in accordance with the Bank’s customary 's usual practices), as well as sick leave, holidays and other paid absences in accordance with the Bank’s 's policies and procedures for senior executives. Any unused paid time off during an annual period will be treated in accordance with the Bank’s 's personnel policies as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (OmniAmerican Bancorp, Inc.)

Vacation and Leave. Executive will be entitled to paid vacation time each year during the term of this Agreement measured on a fiscal or calendar year basis, in accordance with the Bank’s customary practices, as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Any unused paid time off during an annual period will be treated in accordance with the Bank’s personnel policies as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (Provident Financial Services Inc)

Vacation and Leave. Executive will be entitled to five weeks paid vacation time each year during the term of this Agreement measured on a fiscal or calendar year basis, in accordance with the Bank’s customary practices, as well as sick leave, holidays and other paid absences in accordance with the Bank’s policies and procedures for senior executives. Any vacation time in excess of two consecutive weeks, shall be subject to the approval of the Board. Any unused paid time off during an annual period will be treated in accordance with the Bank’s personnel policies as in effect from time to time.

Appears in 1 contract

Samples: Employment Agreement (PVF Capital Corp)

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