Benefits and Vacation. The Executive shall be eligible to participate in such insurance programs (health, disability or life) or such other health, dental, retirement or similar employee benefits programs as the Board may approve, on a basis comparable to that available to other officers and executive employees of the Company. The Executive shall be entitled to a minimum of three (3) weeks of paid vacation per year. Vacation time may be accumulated for up to one year beyond the year for which it is accrued and may be used any time during such year. Any vacation time not used during such additional year shall be forfeited. The value of any accrued but unused and unforfeited vacation time shall be paid in cash to the Executive upon termination of Executive's employment for any reason.
Appears in 7 contracts
Samples: Employment Agreement (Esoft Inc), Employment Agreement (Esoft Inc), Employment Agreement (Esoft Inc)
Benefits and Vacation. The Executive shall be eligible to participate in such insurance programs (health, disability disability, or life) or such other health, dental, retirement retirement, or similar employee benefits programs as the Board may approve, on a basis comparable to that available to other officers and executive employees of the Company. The Executive shall be entitled to a minimum of three four (34) weeks of paid vacation per yearduring each year of his employment under this Agreement. Vacation time may be accumulated for up to one (1) year beyond the year for which it is accrued and may be used any time during such year. Any , but any vacation time not used during such additional year shall be forfeited. The value of any accrued but unused and unforfeited vacation time shall be paid in cash to the Executive upon termination of Executive's his employment for any reason.
Appears in 2 contracts
Samples: Employment Agreement (PMC International Inc), Employment Agreement (PMC International Inc)
Benefits and Vacation. The Executive shall be eligible to participate in such insurance programs (health, disability or life) or such other health, dental, retirement or similar employee benefits programs as the Board may approve, on a basis comparable to that available to other officers and executive employees of the Company. The Executive shall be entitled to a minimum of three four (34) weeks of paid vacation per yearvacation. Vacation time may be accumulated for up to one year beyond the year for which it is accrued and may be used any time during such year. Any vacation time not used during such additional year shall be forfeited. The value of any accrued but unused and unforfeited vacation time shall be paid in cash to the Executive upon termination of Executive's his employment for any reason.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Air Methods Corp), Employment Agreement (Esoft Inc)
Benefits and Vacation. The Executive shall be --------------------- eligible to participate in such insurance programs (health, disability disability, or life) or such other health, dental, retirement retirement, or similar employee benefits programs as the Board may approve, on a basis comparable to that available to other officers and executive employees of the Company. The Executive shall be entitled to a minimum of three four (34) weeks of paid vacation per yearvacation. Vacation time may be accumulated for up to one (1) year beyond the year for which it is accrued and may be used any time during such year. Any , but any vacation time not used during such additional year shall be forfeited. The value of any accrued but unused and unforfeited vacation time shall be paid in cash to the Executive upon termination of Executive's his employment for any reason.
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Benefits and Vacation. The Executive shall be eligible to participate in such insurance programs (health, disability or life) or such other health, dental, retirement or similar employee benefits programs as the Board may approve, on a basis comparable to that available to other officers and executive employees of the Company. The Executive shall be entitled to a minimum of three (3) weeks of paid vacation per year. Vacation time may be accumulated for up to one year beyond the year for which it is accrued and may be used any time during such year. Any vacation time not used during such additional year shall be forfeited. The value of any accrued but unused and unforfeited vacation time shall be paid in cash to the Executive upon termination of Executive's his employment for any reason.
Appears in 1 contract
Samples: Employment Agreement (Esoft Inc)
Benefits and Vacation. The Executive shall be eligible to participate in such insurance programs (health, disability or life) or such other health, dental, retirement or similar employee benefits programs as the Board of Directors of the Company (the "Board") may approve, on a basis comparable to that available to other officers and executive employees of the Company. The Executive shall be entitled to a minimum of three four (34) weeks of paid vacation per yearvacation. Vacation time may be accumulated for up to one year beyond the year for which it is accrued and may be used any time during such year. Any vacation time not used during such additional year shall be forfeited. The value of any accrued but unused and unforfeited vacation time shall be paid in cash to the Executive upon termination of Executive's her employment for any reason.
Appears in 1 contract
Benefits and Vacation. The Executive shall be eligible to participate in such insurance programs (health, disability disability, or life) or such other health, dental, retirement retirement, or similar employee benefits programs as the Board may approve, on a basis comparable to that available to other senior officers and executive employees of the Company, including such long-term disability benefits as may be available to other executive officers of the Company. The Executive shall be entitled to a minimum of three four (34) weeks of paid vacation per year. Vacation time The Executive may be accumulated for accumulate up to one year beyond the year for which it is accrued and may be used one-half times his annual vacation accrual rate at any time during such year. Any vacation time not used during such additional year shall be forfeitedone time. The value of any unforfeited, accrued but unused and unforfeited vacation time shall be paid in cash to the Executive upon termination of Executive's his employment for any reason.
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Benefits and Vacation. The Executive shall be eligible to participate in such insurance programs (health, disability or life) or such other health, dental, retirement or similar employee benefits programs as the Board may approve, on a basis comparable to that available to other officers and executive employees of the Company. The Executive shall be entitled to a minimum of three (3) four weeks of paid vacation per year. Vacation time may be accumulated for up to one year beyond the year for which it is accrued and may be used any time during such year. Any vacation time not used during such additional year shall be forfeited. The value of any accrued but unused and unforfeited vacation time shall be paid in cash to the Executive upon termination of Executive's employment for any reason.
Appears in 1 contract
Samples: Employment Agreement (Esoft Inc)
Benefits and Vacation. The Executive shall be eligible to participate in such insurance programs (health, disability or life) or such other health, dental, retirement or similar employee benefits programs as the Board may approve, on a basis comparable to that available to other officers and executive employees of the Company. The Executive shall be entitled to a minimum of three four (34) weeks of paid vacation per year. Vacation time may be accumulated for up to one year beyond the year for which it is accrued and may be used any time during such year. Any vacation time not used during such additional year shall be forfeited. The value of any accrued but unused and unforfeited vacation time shall be paid in cash to the Executive upon termination of Executive's his employment for any reason.
Appears in 1 contract
Samples: Employment Agreement (Esoft Inc)
Benefits and Vacation. The Executive shall be eligible to participate in such insurance programs (health, disability or life) or such other health, dental, retirement or similar employee benefits programs as the Board may approve, on a basis comparable to that available to other officers and executive employees of the Company. The Executive shall be entitled to a minimum of three four (34) weeks of paid vacation per year. Vacation time may be accumulated for up to one year beyond the year for which it is accrued and may be used any time during such year. Any vacation time not used during such additional year shall be forfeited. The value of any accrued but unused and unforfeited vacation time shall be paid in cash to the Executive upon termination of Executive's his employment for any reason.
Appears in 1 contract
Samples: Employment Agreement (Esoft Inc)