Example ContractsClausespart time employment and leaves of absenceIdentical
Part Time Employment and Leaves of Absence
Part Time Employment and Leaves of Absence contract clause examples

Part-Time Employment and Leaves of Absence. If the Optionee commences working on a part-time basis, then the Company may adjust the vesting schedule set forth in the Notice of Stock Option Grant. If the Optionee goes on a leave of absence, then the Company may adjust the vesting schedule set forth in the Notice of Stock Option Grant in accordance with the Company’s leave of absence policy or the terms of such leave. Except as provided in the preceding sentence, Service shall be deemed to continue for any purpose under this Agreement while the Optionee is on a bona fide leave of absence, if # such leave was approved by the Company in writing and # continued crediting of Service for such purpose is expressly required by the terms of such leave or by applicable law (as determined by the Company). Service shall be deemed to terminate when such leave ends, unless the Optionee immediately returns to active work.

Tarsus Pharmaceuticals, Inc. (CIK 0001819790)
Source: SEC EDGAR database • Date: September 14, 2020 • SIC: 2836 • CIK: 2836

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