Holiday entitlement on termination. Upon notice of termination of the Employment being served by either party, the Company may require the Executive to take any unused holidays accrued in the holiday year in which the termination takes place during any notice period. Alternatively, the Company may, at its discretion, on termination of the Employment, make a payment in lieu of accrued contractual holiday entitlement. The Executive will be required to make a payment to the Company in respect of any holidays taken in excess of his holiday entitlement accrued at the Termination Date. Any sums so due may be deducted from any money owing to the Executive by the Company.
Appears in 4 contracts
Samples: Agreement (Exscientia LTD), Agreement (Exscientia LTD), Agreement (Exscientia LTD)
Holiday entitlement on termination. Upon notice of termination of the Employment being served by either party, the Company may require the Executive to take any unused holidays accrued in the holiday year in which the termination takes place at that time during any notice period. Alternatively, the Company may, at its discretion, on termination of the Employment, make a payment in lieu of accrued contractual holiday entitlement. The Executive will be required to make a payment to the Company in respect of any holidays taken in excess of his holiday entitlement accrued at the Termination Date. Any sums so due may be deducted from any money owing to the Executive by the Company.
Appears in 3 contracts
Samples: Service Agreement (Canargo Energy Corp), Agreement (Canargo Energy Corp), Agreement (Canargo Energy Corp)
Holiday entitlement on termination. Upon notice of termination of the Employment being served by either party, the Company may require the Executive you to take any unused holidays accrued in the holiday year in which the termination takes place at that time during any notice period. Alternatively, the Company may, at its discretion, on termination of the Employment, make a payment in lieu of accrued contractual holiday entitlement. The Executive You will be required to make a payment to the Company in respect of any holidays taken in excess of his your holiday entitlement accrued at the Termination Date. Any sums so due may be deducted from any money owing to the Executive you by the Company.
Appears in 2 contracts
Samples: Service Agreement (ReNew Energy Global PLC), Service Agreement (ReNew Energy Global PLC)
Holiday entitlement on termination. Upon notice of termination of the Employment being served by either party, the Company may require the Executive to take any unused holidays accrued in the holiday year in which the termination takes place at that time during any notice period. Alternatively, the Company may, at its discretion, on termination of the Employment, make a payment in lieu of accrued contractual holiday entitlement. The Executive will be required to make a payment to the Company in respect of any holidays taken in excess of his holiday entitlement accrued at the Termination Date. Any sums so due may be deducted from any money owing to the Executive by the Company.
Appears in 1 contract
Samples: Service Agreement (Concrete Pumping Holdings Acquisition Corp)
Holiday entitlement on termination. Upon notice of termination of the Employment being served by either party, the Company may require the Executive to take any unused holidays accrued in the holiday year in which the termination takes place during any notice period. Alternatively, the Company may, at its discretion, on termination of the Employment, make a payment in lieu of accrued contractual holiday entitlement. The Executive will be required to make a payment to the Company in respect of any holidays taken in excess of his holiday entitlement accrued at the Termination Date. Any sums so due may be deducted from any money owing to the Executive by the Company.. 299021913 v1
Appears in 1 contract
Samples: Agreement (Exscientia PLC)
