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. 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 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. 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. As a senior management employee, you are eligible for paid time off that does not have a fixed limitation, subject to business needs. You will be on the honor system to take vacation and paid time off at your discretion, subject to ensuring that your job duties and responsibilities are being met. In addition, you will receive such paid holidays consistent with the Company’s standard policies. Indemnification: As an officer of the Company, you will entitled to indemnification consistent with the Company’s Articles of Amendment and Restatement (as amended) and Bylaws (as amended) and applicable law, and will be entitled to coverage under the Company’s D&O insurance policies as in effect from time to time. At-Will Employment: You will be employed at will, which means that either you or the Company can elect to terminate the employment relationship at any time, for any or no reason; provided, however, that you will be required to provide the Company at least two weeks’ prior written notice of your termination of employment. Notwithstanding the foregoing, the Company may, in its sole and absolute discretion, by written notice to you, accelerate such date of termination. All base salary, benefits and other compensation will end upon the termination of your employment except as required by applicable law or as otherwise provided herein.
