Common use of Paid Time Off (PTO)/Sick Days Clause in Contracts

Paid Time Off (PTO)/Sick Days. Employee shall be provided with three (3) weeks of PTO, accrued on a monthly basis, and with sick days in accordance with the standard policies of the Company. Employee shall be permitted to carry over any unused PTO into any subsequent period. Upon termination of employment, Employee shall not be paid for unused sick days, but will be paid for accrued, unused PTO.

Appears in 7 contracts

Samples: Employment Agreement (Cyalume Technologies Holdings, Inc.), Employment Agreement (Cyalume Technologies Holdings, Inc.), Employment Agreement (Cyalume Technologies Holdings, Inc.)

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Paid Time Off (PTO)/Sick Days. Employee shall be provided with three five (35) weeks of PTO, accrued available on a monthly basisJanuary 1 of each calendar year, and with sick days in accordance with the standard policies of the Company. Employee shall be permitted to carry over any a maximum of six (6) weeks of unused PTO into any subsequent period. Upon termination of employment, Employee shall not be paid for unused sick days, but will be paid for accrued, unused PTO.

Appears in 2 contracts

Samples: Employment Agreement (Cyalume Technologies Holdings, Inc.), Employment Agreement (Cyalume Technologies Holdings, Inc.)

Paid Time Off (PTO)/Sick Days. Employee shall be provided with three (3) weeks of PTO, accrued on a monthly basis, and with sick days in accordance with the standard policies of the Company. Employee shall be permitted to carry over any unused PTO into any subsequent periodperiod up to a maximum of five (5) weeks. Upon termination of employment, Employee shall not be paid for unused sick days, but will be paid for accrued, unused PTO.

Appears in 1 contract

Samples: Employment Agreement (Cyalume Technologies Holdings, Inc.)

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Paid Time Off (PTO)/Sick Days. Employee shall be provided with three six (36) weeks of PTO, accrued on a monthly basis, and with sick days in accordance with the standard policies of the Company. Employee shall be permitted to carry over any unused PTO into any subsequent periodperiod up to a maximum of eight (8) weeks. Upon termination of employment, Employee shall not be paid for unused sick days, but will be paid for accrued, unused PTO.

Appears in 1 contract

Samples: Employment Agreement (Cyalume Technologies Holdings, Inc.)

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