Executive leave definition

Executive leave means annual paid leave that is granted to an employee assigned on a regular or out-of-class basis to an eligible salaried title.
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Executive leave means annual paid leave that is granted to an eligible salaried employee.
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Executive leave means 3 days per year granted in conformance with this ordinance to employees not otherwise eligible for compensatory time.
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Examples of Executive leave in a sentence

  • The effective date of termination ("Effective Date") shall be considered to be thirty (30) days subsequent to written notice of termination; however, the Company may elect to have Executive leave the Company immediately.

  • Executive leave is prorated for an employee who becomes eligible following the first full pay period in January, at the rate of 1 day of executive leave for each calendar quarter that the employee is in an eligible title during the first full pay period of the quarter.

  • Executive leave cannot be cashed out or carried over from year to year.

  • Executive leave must be used in increments of not less than 1 day.

  • Executive leave shall not be awarded to an employee who has an acting appointment during the first full pay period of January; however, upon return to an eligible title, he or she shall receive 1 day of executive leave for each calendar quarter that the employee is in the eligible title during the first full pay period of the quarter.

  • Executive leave cannot be cashed out or carried over the next calendar year.

  • Executive leave cannot be cashed out or carried over to the next calendar year.

  • Executive leave must be used in the calendar year for which it is given.

  • The Company must grant the Executive leave in accordance with applicable law.

  • Should the Executive leave the employment of the Bank in accordance with the Early Retirement Date (Subparagraph III [C]) and has served 30 (thirty) years, the Executive’s benefit shall be reduced by one half of one percent (.05%) for each month the Executive leaves prior to Normal Retirement Age.


More Definitions of Executive leave

Executive leave shall be defined as leave time granted to EMPLOYEE in lieu of sick, management, or vacation leave and is in lieu of any rights to compensatory or overtime pay.
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Executive leave. As provided in Personnel Rule 3.7.5 (“Occasional Absences of Less than Four Hours”), employees in positions that are eligible for executive and merit leave shall fulfill their professional responsibilities with no expectation of overtime compensation. The appointing authority shall allow them discretion in structuring their workday to ensure that they can fulfill those responsibilities. Eligible salaried employees shall not be required to use their paid leave balances for occasional absences of four hours or less during a work day, and shall be paid their regular salaries despite such absences. Eligible salaried employees shall notify their supervisors in advance of such absences and shall schedule such absences to cause the least impact on their work units. Such absences shall not interfere with the employee’s ability to produce his or her expected work outcomes.
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Executive leave. Employees who are exempt from the overtime provisions of the 13 FLSA shall be eligible for up to 10 days of Executive Leave annually. All employees who are 14 exempt from overtime shall receive at least three (3) days of Executive Leave annually.
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Related to Executive leave

  • FMLA Leave means a leave of absence, which the Company is required to extend to an Employee under the provisions of the FMLA.

  • parental bereavement leave means leave under section 80EA of the Employment Rights Act 1996;

  • maternity leave means a period during which a woman is absent from work because she is pregnant or has given birth to a child, and at the end of which she has a right to return to work either under the terms of her contract of employment or under Part 8 of the Employment Rights Act 1996;

  • paternity leave means a period of absence from work on leave by virtue of section 80A or 80B of the Employment Rights Act 1996;

  • Executive Director means the executive director of the

  • employment zone means an area within Great Britain designated for the purposes of section 60 of the Welfare Reform and Pensions Act 1999 and an “employment zone programme” means a programme established for such an area or areas designed to assist claimants for a jobseeker’s allowance to obtain sustainable employment;

  • Executive means the individual named in the first paragraph of this Agreement.

  • Medical leave means leave of up to a total of 12 workweeks in a 12-month period because of an employee’s own serious health condition that makes the employee unable to work at all or unable to perform any one or more of the essential functions of the position of that employee. The term “essential functions” is defined in Government Code section 12926. “Medical leave” does not include leave taken for an employee’s pregnancy disability, as defined in (n) below, except as specified below in section 11093(c)(1).

  • Sick Leave means the period of time an employee is absent from work with or without pay, by virtue of sickness, quarantine, or accident, or out-of-town medical/dental referrals for which compensation is not payable under the Worker's Compensation Act.