Common use of Authorized Leave Clause in Contracts

Authorized Leave. Authorized leaves of absence from the Company shall not constitute a termination of employment for purposes of the Restricted Stock Agreement. For purposes of the Restricted Stock Agreement, an authorized leave of absence shall be an absence while the Participant is on military leave, sick leave or other bona fide leave of absence so long as the Participant’s right to employment with the Company is guaranteed by statute, a contract or Company policy.

Appears in 5 contracts

Samples: Restricted Stock Agreement (YRC Worldwide Inc.), Restricted Stock Agreement (YRC Worldwide Inc.), Restricted Stock Agreement (YRC Worldwide Inc.)

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Authorized Leave. Authorized leaves of absence from the Company shall not constitute a termination of employment for purposes of the Restricted Stock AgreementUnit. For purposes of the Restricted Stock AgreementUnit, an authorized leave of absence shall be an absence while the Participant Grantee is on military leave, sick leave leave, or other bona fide leave of absence so long as the ParticipantGrantee’s right to employment with the Company is guaranteed by statute, a contract or Company policy.

Appears in 5 contracts

Samples: Share Unit Agreement (Yellow Roadway Corp), Share Unit Agreement (Yrc Worldwide Inc), Share Unit Agreement (Yellow Roadway Corp)

Authorized Leave. Authorized leaves of absence from the Company shall not constitute a termination of employment for purposes of the Restricted Stock Agreement. For purposes of the Restricted Stock Agreement, an authorized leave of absence shall be an absence while the Participant is on military leave, sick leave or other bona fide leave of absence so long as the Participant’s right to employment with the Company is guaranteed by statute, a contract or Company policy.

Appears in 3 contracts

Samples: Restricted Stock Agreement (YRC Worldwide Inc.), Restricted Stock Agreement (YRC Worldwide Inc.), Restricted Stock Agreement (YRC Worldwide Inc.)

Authorized Leave. Authorized leaves of absence from the Company shall not constitute a termination of employment for purposes of the Restricted Stock Agreementthis Option. For purposes of the Restricted Stock Agreementthis Option, an authorized leave of absence shall be an absence while the Participant Grantee is on military leave, sick leave leave, or other bona fide leave of absence so long as the Participant’s Grantee's right to employment with the Company is guaranteed by statute, a contract contract, or Company policy.

Appears in 1 contract

Samples: Option Agreement (Yellow Corp)

Authorized Leave. Authorized leaves of absence from the Company shall not constitute a termination of employment for purposes of the Restricted Stock Unit Agreement. For purposes of the Restricted Stock Unit Agreement, an authorized leave of absence shall be an absence while the Participant is on military leave, sick leave or other bona fide leave of absence so long as the Participant’s right to employment with the Company is guaranteed by statute, a contract or Company policy.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Yellow Corp)

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Authorized Leave. Authorized leaves of absence from the Company shall not constitute a termination of employment for purposes of the Restricted Stock AgreementOption. For purposes of the Restricted Stock AgreementOption, an authorized leave of absence shall be an absence while the Participant Grantee is on military leave, sick leave leave, or other bona fide leave of absence so long as the ParticipantGrantee’s right to employment with the Company is guaranteed by statute, a contract or Company policy.

Appears in 1 contract

Samples: Option Agreement (Yrc Worldwide Inc)

Authorized Leave. Authorized leaves of absence from the Company shall not constitute a termination of employment for purposes of the Restricted Stock AgreementUnit. For purposes of the Restricted Stock AgreementUnit, an authorized leave of absence shall be an absence while the Participant Grantee is on military leave, sick leave leave, or other bona fide leave of absence so long as the Participant’s Grantee's right to employment with the Company is guaranteed by statute, a contract or Company policy.

Appears in 1 contract

Samples: Yellow Roadway Corp

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