Paid Time Off and Holidays. Executive’s paid time-off (“PTO”) and holidays shall be consistent with the standards set forth in the Company’s Employee Handbook, as revised from time to time or as otherwise published by the Company. Notwithstanding the previous sentence, Executive will be eligible for one hundred twenty (120) hours of PTO/year, which will accrue on a pro-rata basis throughout the year, provided, however, that it is the Company’s policy that no more than forty (40) hours of PTO can be accrued beyond this annual limit for any employee at any time. Thus, when accrued PTO reaches one hundred sixty (160) hours, Executive will cease accruing PTO until accrued PTO is one hundred twenty (120) hours or less, at which point Executive will again accrue PTO until he reaches one hundred sixty (160) hours. In addition to PTO, there are also six (6) paid national holidays and one (1) “floater” day available to Company employees. Executive agrees to schedule such PTO so that it minimally interferes with the Company’s operations. Such PTO does not include Board excused absences.
Paid Time Off and Holidays. The Company does not currently limit Paid Time Off (“PTO”) for its executives, and Executive shall be entitled to PTO in accordance with the Company's PTO policy in effect from time to time with respect to executives. The Company observes ten (10) paid holidays per calendar year. Nine (9) of the Company-observed holidays are the same each year; one (1) “floating” holiday is determined by the Company annually.
Paid Time Off and Holidays. Executive is eligible for 4 weeks of paid vacation per calendar year (prorated for any partial year during the term) to be taken at such times as may be approved in advance by the Company. Executive is also entitled to all paid holidays observed by the Company in the United States. Executive shall have all rights and be subject to all obligations and responsibilities with respect to paid time off and holidays as are set forth in the Company’s employee manual or other applicable policies and procedures, which may provide for benefits greater than but not less than those provided in this Agreement.
Paid Time Off and Holidays. During the Term, Executive shall be entitled to annual paid time off of seventeen (17) days at full pay, or such greater paid time off benefits as may be provided for by the Company's paid time off policies. Executive shall be entitled to such holidays as are established by the Company for all employees.
Paid Time Off and Holidays. While Employee is employed by E ENERGY hereunder, Employee shall be entitled to paid PTO days as follows:
Paid Time Off and Holidays. During the Term of this Agreement you will remain eligible to participate in CTS’ PTO and holiday policy and will continue to accrue PTO at the same rate currently in effect.
Paid Time Off and Holidays. Employee’s paid time-off (“PTO”) and holidays shall be consistent with the standards set forth in the Employee Handbook, as revised from time to time or as otherwise published by the Company. Notwithstanding the previous sentence, Employee will be eligible for four (4) weeks of paid time off (PTO)/year (160 hours), which will accrue on a pro-rata basis throughout the year, provided, however, that it is the Company’s policy that no more than forty (40) hours of paid time-off can be accrued and carried forward for any given employee as of the anniversary of their employment date in any given year. Thus, when accrued PTO reaches two hundred (200) hours, Employee will cease accruing PTO until accrued PTO is one hundred sixty (160) hours or less - at which point Employee will again accrue PTO until he reaches two hundred (200) hours. In addition to paid time off, there are also six (6) paid national holidays and two (2) “floater” days available to Company employees. Employee agrees to schedule such paid time-off so that it minimally interferes with the Company’s operations. Such PTO does not include Board of Directors excused absences.
Paid Time Off and Holidays. While Employee is employed by E ENERGY hereunder, Employee shall be entitled to paid PTO days as follows: Year 0 (1st year of employment) -10 days per year Years 1 to 4 of employment — 20 days per year Years 5 to 14 of employment — 25 days per year Years 15 + of employment — 30 days per year PTO is earned and accrued per pay period beginning on the first day of employment. Employee is eligible to use PTO following completion of his 60-day interim employment period. The PTO policy is subject to annual review and amendment by the Executive Committee and subject to change.
Paid Time Off and Holidays. A. All provisions of the Xxxxxxxx County Personnel Policy Manual relating to paid time off (PTO), holidays, and working conditions, as they now exist or hereafter may be amended, also shall apply to ADMINISTRATOR/CONTROLLER as they would to other FLSA- exempt, non-union employees of EMPLOYER, unless otherwise provided in this Agreement.
B. ADMINISTRATOR/CONTROLLER shall accrue paid time off (PTO) at the rate of 9.24 hours bi-weekly effective October 1, 2015. ADMINISTRATOR/CONTROLLER shall be permitted to use PTO, once accrued, at any time during the term of this Agreement.
C. ADMINISTRATOR/CONTROLLER may use the County-motor pool vehicles on the same basis as other County staff members. County-motor pool vehicles shall not be used for personal business.
Paid Time Off and Holidays. Upon completion of 90 days of continuous service, Executive will be automatically enrolled in the Company’s Paid-Time Off (“PTO”) Plan. Once enrolled, Executive will begin to accrue PTO at a rate equal to 31 days per accrual year. Executive’s accrual, use, and payment of PTO will be in accordance with the Company’s written policies. Notwithstanding the foregoing, it is understood and agreed that the Company will provide Executive with a one time award of 25 days of PTO on the first day of his employment. This award of PTO days can be used immediately to cover upcoming holidays, unplanned absences and/or pre-planned vacations. Vacations may be taken at the Executive's discretion at such times as are not inconsistent with the reasonable business needs of the Company and do not interfere with the performance of the Executive's duties to the Company.
