Common use of Paid Time Off Clause in Contracts

Paid Time Off. The Executive shall be entitled to no fewer than twenty-five (25) days of paid time off per year.

Appears in 25 contracts

Samples: Employment Agreement (Legacy Healthcare Properties Trust Inc.), Employment Agreement (Legacy Healthcare Properties Trust Inc.), Employment Agreement (Legacy Healthcare Properties Trust Inc.)

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Paid Time Off. The During the Term, the Executive shall be entitled to no fewer than twenty-five (25) days of paid time off per (“PTO”) each year.

Appears in 25 contracts

Samples: Employment Agreement (CVR Partners, Lp), Employment Agreement (CVR Partners, Lp), Employment Agreement (CVR Energy Inc)

Paid Time Off. The Executive shall be entitled may take up to no fewer than twenty-five twenty (2520) days of paid time off (“PTO”) per year, to be scheduled to minimize disruption to Company’s operations, pursuant to the terms and conditions of Company policy and practices as applied to Company senior executives.

Appears in 19 contracts

Samples: Executive Employment Agreement (Checkmate Pharmaceuticals, Inc.), Executive Employment Agreement (Checkmate Pharmaceuticals, Inc.), Employment Agreement (Checkmate Pharmaceuticals, Inc.)

Paid Time Off. The Executive shall be entitled to no fewer than twenty-five twenty (2520) days of paid time off (PTO) per year.

Appears in 5 contracts

Samples: Employment Agreement (Trustreet Properties Inc), Employment Agreement (Commercial Net Lease Realty Inc), Employment Agreement (Trustreet Properties Inc)

Paid Time Off. The Executive shall will be entitled to no fewer than twenty-five (25) days of accrue paid time off (PTO time) at a rate of twenty (20) days per year. Upon a termination of Executive’s employment for any reason, Executive shall receive payment for all accrued, unused PTO time.

Appears in 5 contracts

Samples: Employment Agreement (Cadrenal Therapeutics, Inc.), Employment Agreement (Cadrenal Therapeutics, Inc.), Employment Agreement (Cadrenal Therapeutics, Inc.)

Paid Time Off. The During the Term, Executive shall be entitled to no fewer than twenty-five accrue twenty (2520) days of paid time off per year(“PTO”) at Executive’s regular base pay rate during each year of the Term, prorated for partial years worked, subject to the terms of PNMAC’s employment benefit policies as they relate to senior executive officers.

Appears in 4 contracts

Samples: Employment Agreement (Pennymac Financial Services, Inc.), Employment Agreement (Pennymac Financial Services, Inc.), Employment Agreement (Pennymac Financial Services, Inc.)

Paid Time Off. The During the Term, the Executive shall be entitled to no fewer than twenty-five (25) days of paid time off per ("PTO") each year.

Appears in 4 contracts

Samples: Employment Agreement (CVR Refining, LP), Employment Agreement (CVR Energy Inc), Employment Agreement (CVR Refining, LP)

Paid Time Off. The During the Employment Period, Executive shall be entitled to no fewer than twenty-five four (254) days weeks of paid personal time (PTO) off per year, which shall accrue at a rate of 6.1538 hours per bi-weekly pay period. Executive shall take her PTO time in accordance with Company policies and procedures.

Appears in 4 contracts

Samples: Executive Employment Agreement (Thinkorswim Group Inc.), Executive Employment Agreement (Thinkorswim Group Inc.), Executive Employment Agreement (Investools Inc)

Paid Time Off. The Executive shall be entitled to no fewer than twenty-five twenty (2520) days of paid time off per yearPaid Time Off (“PTO”) during the Executive’s employment with the Company, which shall be prorated for any partial year of employment.

Appears in 4 contracts

Samples: Executive Employment Agreement (Cyclo Therapeutics, Inc.), Executive Employment Agreement (Cyclo Therapeutics, Inc.), Executive Employment Agreement (Cyclo Therapeutics, Inc.)

Paid Time Off. The During the Term, the Executive shall be entitled to no fewer than twenty-five (25) 27 days of paid time off per (“PTO”) each year.

Appears in 3 contracts

Samples: Employment Agreement (CVR Energy Inc), Employment Agreement (CVR Partners, Lp), Employment Agreement (CVR Partners, Lp)

Paid Time Off. The During the Term, Executive shall be entitled to no fewer than twenty-five (25) days such periods of paid time off (“PTO”) each year as provided from time to time under the Company’s PTO policies and as otherwise provided for executive officers, as it may be amended from time to time, but notwithstanding anything to the contrary in this Agreement, Executive shall be entitled to a minimum of twenty (20) vacation days per year (prorated for any partial year).

Appears in 3 contracts

Samples: Executive Employment Agreement (TRI Pointe Group, Inc.), Executive Employment Agreement (TRI Pointe Group, Inc.), Executive Employment Agreement (TRI Pointe Group, Inc.)

Paid Time Off. The Executive shall will be entitled to no fewer than twenty-five twenty (2520) days of paid Paid Time Off annually, which PTO may be increased from time off per yearto time in the discretion of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Nortech Systems Inc), Employment Agreement (Nortech Systems Inc)

Paid Time Off. The Executive shall be entitled to no fewer than twenty-five (25) accrue 27 days of paid time off per year(“PTO”) annually, which may be scheduled as time off away from work in accordance with the Company’s current PTO policy. For 2017, Executive’s PTO will be pro-rated based on the 1st of the month following his date of hire.

Appears in 2 contracts

Samples: Executive Employment Agreement (Citizens Financial Group Inc/Ri), Executive Employment Agreement (Citizens Financial Group Inc/Ri)

Paid Time Off. The During the Term, the Executive shall be entitled to no fewer than twenty-five (25) 25 days of paid time off per (“PTO”) each year.

Appears in 2 contracts

Samples: Employment Agreement (CVR Refining, LP), Employment Agreement (CVR Energy Inc)

Paid Time Off. The During the Term, Executive shall be entitled to no fewer than twenty-five accrue twenty (2520) days of paid time off per year(“PTO”) at Executive’s regular base pay rate during each year of the Term, prorated for partial years worked, subject to the terms of PNMAC’s employment benefit policies as they relate to senior executive officers and on terms at least as favorable as provided to other senior executives.

Appears in 2 contracts

Samples: Employment Agreement (PennyMac Financial Services, Inc.), Employment Agreement (PennyMac Financial Services, Inc.)

Paid Time Off. The During the Employment Term, the Executive shall be entitled to no fewer than twenty-five (25) days of 25 paid time off (“PTO”) days per yearcalendar year (prorated for partial years) in accordance with the Company’s PTO policies, as in effect from time to time. The Executive may use PTO for vacation, personal time, or sick time (in accordance with applicable law).

Appears in 2 contracts

Samples: Employment Agreement (Replimune Group, Inc.), Employment Agreement (Replimune Group, Inc.)

Paid Time Off. The During the term of this Agreement, Executive shall be entitled to no fewer than twenty-five twenty (2520) days of paid time off per year(“PTO”) granted to employees of Employer and usable (and payable) in accordance with Employer’s Employee Handbook.

Appears in 2 contracts

Samples: Employment Agreement (American Wagering Inc), Employment Agreement (American Wagering Inc)

Paid Time Off. The During the Employment Period, Executive shall be entitled to no fewer than twenty-five thirty (2530) business days of paid time off (“PTO”) per yearyear in accordance with the Company’s PTO policy, as may be amended from time to time.

Appears in 2 contracts

Samples: Employment Agreement (Enstar Group LTD), Employment Agreement (Enstar Group LTD)

Paid Time Off. The Executive shall be is entitled to no fewer than twenty-five (25) days of 25 paid time off days per yearyear in accordance with the Company’s Executive PTO policy, as amended from time to time.

Appears in 1 contract

Samples: Employment Agreement (I Trax Inc)

Paid Time Off. The During the Term, the Executive shall be entitled to no fewer than twenty-five four (254) days weeks of paid time off per (“PTO”) each year.

Appears in 1 contract

Samples: Employment Agreement (CVR Energy Inc)

Paid Time Off. The Executive shall be entitled to no fewer than twenty-five (25) 25 days of paid time off per (“PTO”) each year, subject to the terms of the Company’s PTO policy. Should Executive’s employment terminate for any reason, Executive shall be entitled to unpaid PTO as of the date of termination of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Biocept Inc)

Paid Time Off. The Executive shall will be entitled to no fewer than twenty-five (25) days of will be entitled to 24 paid time off (PTO) days per year, subject to the terms and conditions of the Company’s standard PTO policies and procedures. The accrual and carrying forward of PTO days may be changed from time to time.

Appears in 1 contract

Samples: Employment Agreement (Brainsway Ltd.)

Paid Time Off. The Executive shall be entitled to no fewer than twenty-five Thirty (2530) business days of paid time off (“PTO”) per yearyear in accordance with the Company’s PTO policy. PTO must be scheduled and taken in accordance with Enstar’s PTO policy, as may be amended from time to time.

Appears in 1 contract

Samples: Employment Agreement (Enstar Group LTD)

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Paid Time Off. The Executive shall be entitled to no fewer than twenty-five (25) days of paid time off (PTO) per year, to be accrued and carried over from year to year in accordance with the then current Company policy as applicable to similarly situated executives of the Company.

Appears in 1 contract

Samples: Employment Agreement (Trustreet Properties Inc)

Paid Time Off. The Executive shall be entitled eligible for up to no fewer than twenty-five twenty (2520) days of paid time off (“PTO”) per year, which shall not carryover from year to year, consistent with the Company’s policies and procedures in effect from time to time for officers of Executive’s level.

Appears in 1 contract

Samples: Employment Agreement (Amtech Systems Inc)

Paid Time Off. The During the Employment Period, Executive shall be entitled to no fewer than twenty-five thirty (2530) business days of paid time off (“PTO”) per yearcalendar year in accordance with the Company’s PTO policy, as may be amended from time to time.

Appears in 1 contract

Samples: Employment Agreement (Enstar Group LTD)

Paid Time Off. The Executive shall will be entitled to no fewer than twenty-five an initial eighteen (2518) days of paid time off Paid Time Off (“PTO”) per year, administered in accordance with and subject to the terms of the Company’s PTO policy, as it may be amended prospectively from time to time. Executive is entitled to accrue additional PTO days for any days not taken in the prior year provided that in no event shall Executive be entitled to more than twenty seven (27) PTO days per any calendar year.

Appears in 1 contract

Samples: Employment Agreement (Genspera Inc)

Paid Time Off. The During the Term, the Executive shall be entitled to no fewer than twenty-five (25) days of paid time off (“PTO”) in an initial amount equal to 25 days per year; provided, Executive’s PTO will increase thereafter in accordance with the Company’s PTO policy as in effect on the date hereof.

Appears in 1 contract

Samples: Employment Agreement (CVR Energy Inc)

Paid Time Off. The Executive shall be is entitled to no fewer than twenty-five (25) days of 25 paid time off days per yearyear to be accrued in accordance with the Company’s Executive PTO policy, as amended from time to time, and taken at such times as may be approved by the Executive’s immediate supervisor or the Chief Executive Officer of the Company.

Appears in 1 contract

Samples: Employment Agreement (I Trax Inc)

Paid Time Off. The Executive shall be entitled to no fewer than accrue twenty-five seven (2527) days of paid time off per year(“PTO”) annually, which may be scheduled as time off away from work in accordance with the Company’s current PTO policy.

Appears in 1 contract

Samples: Executive Employment Agreement (Citizens Financial Group Inc/Ri)

Paid Time Off. The Executive shall be entitled to no fewer than twenty-paid time off (“PTO”) of twenty (20) days per year and such other paid absences in accordance with the Policies as in effect for other senior executives of the Employer. The Executive shall have five (255) days of paid time off per yearPTO in respect of the year ending December 31, 2014.

Appears in 1 contract

Samples: Executive Employment Agreement (Liquid Holdings Group, Inc.)

Paid Time Off. The Executive shall be entitled to no fewer than twenty-five (25) accrue 27 days of paid time off per year(“PTO”) annually, which may be scheduled as time off away from work in accordance with the Company's current PTO policy. For 2015, Executive's PTO will be pro-rated based on the 1st of the month following his date of hire.

Appears in 1 contract

Samples: Executive Employment Agreement (Citizens Financial Group Inc/Ri)

Paid Time Off. The Executive shall be entitled to no fewer than twentyTwenty-five Five (25) business days of paid time off (“PTO”) per yearyear in accordance with the Company’s PTO policy. PTO must be scheduled and taken in accordance with Enstar’s PTO policy, as may be amended from time to time.

Appears in 1 contract

Samples: Employment Agreement (Enstar Group LTD)

Paid Time Off. The During the Employment Term, the Executive shall be entitled to no fewer than twenty-five (25) 28 days of paid paid, personal time off per yearyear (the “PTO Days”), and such holidays as are observed by the Company from time to time. In addition, the Executive shall be entitled to sick leave, bereavement leave, and other such time off as provided for in the Company’s policies and procedures.

Appears in 1 contract

Samples: Employment Agreement (Ds Healthcare Group, Inc.)

Paid Time Off. The Executive shall be entitled to no fewer than twenty-five (25) days of paid time off (PTO) per year.

Appears in 1 contract

Samples: Employment Agreement (Trustreet Properties Inc)

Paid Time Off. The Through December 31, 2019, Executive shall be entitled to no fewer than twenty-five accrue forty (2540) days of paid time off per year(“PTO”) at Executive’s regular base pay rate during each year of the Term, prorated for partial years worked, subject to the terms of PNMAC’s employment benefit policies as they relate to senior executive officers.

Appears in 1 contract

Samples: Employment Agreement (PennyMac Financial Services, Inc.)

Paid Time Off. The Executive shall be entitled to no fewer than twenty-five (25) days such periods of paid time off per year(“PTO”) each year as provided under the Company’s PTO policy and as otherwise provided for senior executive officers. Under such policy, Executive shall accrue 20 days in the first two years of employment, 25 days after two years.

Appears in 1 contract

Samples: Employment Agreement (Basin Water, Inc.)

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