Common use of Discretionary Time Off Clause in Contracts

Discretionary Time Off. During his employment hereunder, Executive shall be entitled to accrue Paid Time Off (“PTO”) in accordance with Kreido’s regular PTO policy for all employees, but in any case not less than 10 days per calendar year. Executive shall be entitled to additional PTO of no more than two days per month to attend classes and study in the Executive MBA Program at the Graduate School of Management at UCLA. Executive shall provide the Company with a report each month of those days on which he was absent from work to attend and/or prepare for class.

Appears in 1 contract

Samples: Employment Agreement (Kreido Biofuels, Inc.)

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Discretionary Time Off. During his employment hereunder, Executive shall be entitled to accrue Paid Time Off (“PTO”) in accordance with Kreido’s regular PTO policy for all employees, but in any case not less than 10 25 days per calendar year. Executive shall be entitled to additional PTO of no more than two days per month to attend classes and study in the Executive MBA Program at the Graduate School of Management at UCLA. Executive shall provide the Company with a report each month of those days on which he was absent from work to attend and/or prepare for class.

Appears in 1 contract

Samples: Employment Agreement (Kreido Biofuels, Inc.)

Discretionary Time Off. During his employment hereunder, Executive shall be entitled to accrue Paid Time Off (“PTO”) in accordance with Kreido’s regular PTO policy for all employees, but in any case not less than 10 15 days per calendar year. Executive shall be entitled to additional PTO of no more than two days per month to attend classes and study in the Executive MBA Program at the Graduate School of Management at UCLA. Executive shall provide the Company with a report each month of those days on which he was absent from work to attend and/or prepare for class.

Appears in 1 contract

Samples: Employment Agreement (Kreido Biofuels, Inc.)

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Discretionary Time Off. During his employment hereunder, Executive shall be entitled to accrue Paid Time Off (“PTO”) in accordance with Kreido’s regular PTO policy for all employees, but in any case not less than 10 20 days per calendar year. Executive shall be entitled to additional PTO of no more than two days per month to attend classes and study in the Executive MBA Program at the Graduate School of Management at UCLA. Executive shall provide the Company with a report each month of those days on which he was absent from work to attend and/or prepare for class.

Appears in 1 contract

Samples: Employment Agreement (Kreido Biofuels, Inc.)

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