Flexible Time Off. As a full-time exempt employee, Executive is eligible for paid time off under the Company’s Flexible Paid Time Off (“PTO”) Policy. Under this Policy, Executive may take compensated time off as needed, so long as the President and CEO approves his requested time off in advance. Under this Policy, the Executive does not earn or accrue PTO hours in advance of taking compensated time off, and therefore no payment is made for PTO upon termination of employment.
Appears in 8 contracts
Samples: Executive Employment Agreement (CalAmp Corp.), Executive Employment Agreement (CalAmp Corp.), Employment Agreement (CalAmp Corp.)
Flexible Time Off. As a full-time exempt employee, Executive Employee is eligible for paid time off under the Company’s Flexible Paid Time Off (“PTO”) Policy. Under this Policypolicy, Executive may take compensated time off as needed, so long as the President and CEO Chief Executive Officer approves his requested time off in advance. Under this Policy, the Executive does not earn or accrue PTO hours in advance of taking compensated time off, and therefore no payment is made for PTO upon termination of employment.
Appears in 1 contract
Samples: Employment Agreement (CalAmp Corp.)
Flexible Time Off. As a full-time exempt employee, . Executive is eligible for paid time off under the Company’s Flexible Paid Time Off (“PTO”) Policy. Under this Policy, Executive may take compensated time off as needed, so long as the President and CEO approves his requested time off in advance. Under this Policy, the Executive does not earn or accrue PTO hours in advance of taking compensated time off, and therefore no payment is made for PTO upon termination of employment.
Appears in 1 contract
