Vacation. Executive shall be entitled to accrue up to five (5) weeks of paid vacation per calendar year. Vacation time will accrue in accordance with the usual vacation policies in effect at from time to time, provided that notwithstanding anything in any Company policy to the contrary, Executive shall not be permitted to carry over any accrued but unused vacation time from one calendar year to the next; any accrued but unused vacation time at the end of a calendar year shall be forfeited.
Vacation.Vacations. During the Term and beginning on the Effective Date, the Executive shall be entitled to accrue up to five (5) weeks of paid vacation perfor each full calendar year. Vacation time will accrue in accordance with the usual vacation policies in effect at from time to time, provided that notwithstanding anything in any Company policy to the contrary, Executiveyear of employment, which shall not be permitted to carry over anyaccrued ratably. Any accrued but unused vacation time from one calendar yearshall carryover to the next; any accrued but unused vacation time atsubsequent year with a maximum of 240 hours accrued. The Executive shall also be entitled to all paid holidays given by the end of a calendar year shall be forfeited.Company to its executives.
Vacation. During the term of this Agreement, the Executive shall be entitled to accrue up to five (5) weeks ofaccrue, on a monthly basis, eighteen (18) paid vacation days per calendar year. Vacation time will accrue in accordance with the usual vacation policies in effect at from time to time,year, provided that notwithstanding anything in any Company policyExecutive's total accrued vacation shall not exceed thirty (30) days. Should Executive's accrued vacation time reach thirty days, Executive will cease to accrue vacation until Executive's accrued vacation time falls below that level. Vacation shall be taken at such times as are mutually convenient to the contrary, Executive shall not be permitted to carry over any accrued but unused vacation time from one calendar year toand the next; any accrued but unused vacation time at the end of a calendar yearCompany, and no more than ten (10) consecutive days shall be forfeited.taken at any one time without Company approval in advance.
Vacation. Executive shall be entitled to accrue up to five (5)four (4) weeks of paid vacation per calendar year.during each year of his full time employment hereunder, such vacation to be taken at such time or times as shall be agreed upon by Executive and the Company. Vacation time will accrue in accordance with the usual vacation policies in effect at shall be cumulative from timeyear to time, providedyear, except that notwithstanding anything in any Company policy to the contrary, Executive shall not be permittedentitled to carry overtake more than six weeks vacation during any accruedconsecutive 12-month period during the Term. Accrued but unused vacation time from one calendar yearshall be paid in cash on the Termination Date, except that in the event of a Termination pursuant to [Section 12], the next; anyamount of accrued but unused vacation time atto be paid on the endTermination Date shall be limited to six weeks and in the event of a calendar yearTermination pursuant to [Section 13], the amount of vacation time to be paid on the Termination Date shall be forfeited.limited to four weeks.
Vacation.Vacations. The Executive shall be entitled to accrue up to five (5) weeks of20 paid vacation per calendar year. Vacation time will accruedays in accordance witheach year, which shall be accrued ratably. In other respects, the usualCompany’s vacation policiespolicy as the same may then be in effect at from timeshall apply to time, provided that notwithstanding anything in any Company policy to the contrary, Executive shall not be permitted to carry over any accrued but unused vacation time from one calendar year to the next; any accrued but unused vacation time at the end of a calendar year shall be forfeited.vacations.
Holidays and Vacation. Executive shall be entitled to accrue up to five (5) weeksreceive 5 days of paid vacation per calendar year. Vacation time willyear, which cannot be taken in one increment, but which shall accrue if not used in any year, and be paid to Executive or carried forward to subsequent years consistent with Company policy. In addition to such paid vacation, Executive shall receive all paid Company holidays in accordance with the usual vacation policies in effect at from time to time, provided that notwithstanding anything in any Company policy to the contrary, Executive shall not be permitted to carry over any accrued but unused vacation time from one calendar year to the next; any accrued but unused vacation time at the end of a calendar year shall be forfeited.policy.
Vacation. During the term of this Agreement, the Executive shall be entitled to accrue up to five (5) weeks ofaccrue, on a pro rata basis, twenty (20) paid vacation days per calendar year. Vacation time will accrue in accordance with the usual vacation policies in effectshall be taken at from time to time, provided that notwithstanding anything in any Company policysuch times as are mutually convenient to the contrary, Executive shall not be permitted to carry over any accrued but unused vacation time from one calendar year toand the next; any accrued but unused vacation time at the end of a calendar yearCompany and no more than ten (10) consecutive days shall be forfeited.taken at any one time without Company approval in advance.
Vacation. During each twelve (12) month period during which the Executive is employed by the Company, the Executive shall be entitled to accrue up to five (5)six (6) weeks of paid vacation per calendar year. Vacation time will accrue in accordance with the usual vacation policies in effect at from time to time, provided that notwithstanding anything invacation. Should Employee have any Company policy to the contrary, Executive shall not be permitted to carry over any accrued but unused vacation time from one calendar year to the next; any accruedearned but unused vacation time at the endexpiration of a calendar yearsuch twelve (12) month period in which it was earned, he shall be forfeited.entitled to carry a maximum of six (6) weeks (or such lesser amount as was earned and is unused) into the next calendar year. Upon termination, the value of earned but unused vacation will be paid immediately by Company in accordance with the severance provisions in [Section 10].
Vacation.The Executive shall be entitled to accrue up to five (5)four (4) weeks of paid vacation per calendar year. Vacation time will accrue in accordance withdays (in addition to the usual national and Company holidays) during each contract year during which he serves hereunder. Such vacation policies in effectshall be taken at fromsuch time or times as will be mutually agreed between the Executive and the Company. A maximum of up to time, provided that notwithstanding anything in any Company policy to the contrary, Executive shall48 hours of vacation not be permitted to carry over any accrued but unused vacation time from one calendar year to the next; any accrued but unused vacation time at the end oftaken during a calendar year may be carried forward. Subject to the foregoing, upon the termination of the Executive’s employment with the Company, he shall be forfeited.paid for all unused vacation days accrued through the date of termination.
Vacation. Executive shallwill be entitled to accrue up to five (5) weeks of paid vacation perfor each calendar year. Vacation time will accrueyear during Executive's employment in accordance with the usualCompany's established vacation policies in effectpay policies; provided, however, that vacation will only be taken at from timesuch times as not to time, provided that notwithstanding anything in any Company policy tointerfere with the contrary, Executive shall not be permitted to carry over any accrued but unused vacation time from one calendar year to the next; any accrued but unused vacation time at the endnecessary performance of a calendar year shall be forfeited.Executive's duties and obligations under this Agreement.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.