Common use of Paid Time Off Clause in Contracts

Paid Time Off. During the Employment Term, Executive will be entitled to paid time off under the Company’s Open Paid-Time Off (PTO) policy, which provides for mutually and reasonably agreed upon paid time off and is subject to change at the discretion of the Company.

Appears in 9 contracts

Samples: Executive Employment Agreement (Impinj Inc), Employment and Arbitration Agreement (Impinj Inc), Executive Employment Agreement (Impinj Inc)

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Paid Time Off. During the Employment Term, the Executive will shall be entitled to paid time off under (“PTO”) in accordance with the Company’s Open Paid-Time Off (PTO) policy, which provides for mutually and reasonably agreed upon paid time off and is subject to change at PTO policy as in effect on the discretion of the Companydate hereof.

Appears in 7 contracts

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

Paid Time Off. During the Employment Term, The Executive will shall be entitled to paid time off under (“PTO”) each calendar year pursuant to the Company’s Open Paid-Time Off (PTO) policy, which provides for mutually and reasonably agreed upon paid time off and is subject policies applicable to change at the discretion senior executive officers of the Company, as in effect from time to time and consistent with the Executive’s satisfactory performance of the duties set forth in Section 1.

Appears in 6 contracts

Samples: Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc)

Paid Time Off. During the Employment Term, Executive will be entitled to paid time off under (“PTO”) each year, to be used in accordance with the Company’s Open Paid-Time Off (PTO) policy, which provides for mutually and reasonably agreed upon paid applicable Employer policies as in effect from time off and is subject to change at the discretion of the Companytime.

Appears in 5 contracts

Samples: Employment and Restrictive Covenant Agreement (Blue Owl Capital Inc.), Employment and Restrictive Covenant Agreement (Blue Owl Capital Inc.), Employment and Restrictive Covenant Agreement (Altimar Acquisition Corp.)

Paid Time Off. During the Employment Term, The Executive will shall be entitled to paid time off under (“PTO”) each calendar year pursuant to the Company’s Open Paid-Time Off (PTO) policy, which provides for mutually and reasonably agreed upon paid time off and is subject policies applicable to change at the discretion similarly situated employees of the Company, as in effect from time to time and consistent with the Executive’s satisfactory performance of the duties set forth in Section 1.

Appears in 4 contracts

Samples: Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc), Employment Agreement (Redwood Trust Inc)

Paid Time Off. During the Employment Term, The Executive will shall be entitled to paid time off under (“PTO”) to be taken at such times and intervals as shall be determined by the Company’s Open Paid-Time Off (PTO) policyExecutive, which provides for mutually and reasonably agreed upon paid time off and is subject to change at the discretion reasonable business needs of the Company.

Appears in 3 contracts

Samples: Executive Employment Agreement (WatchGuard, Inc.), Executive Employment Agreement (WatchGuard, Inc.), Executive Employment Agreement (WatchGuard, Inc.)

Paid Time Off. During the Employment TermPeriod, the Executive will shall be entitled to paid time off under (“PTO”) in accordance with the Company’s Open Paid-Time Off (PTO) policyplans, which provides for mutually policies, programs and reasonably agreed upon paid time off and is subject to change at the discretion practices of the CompanyCompany applicable to its employees.

Appears in 3 contracts

Samples: Employment Agreement (Agendia N.V.), Employment Agreement (Agendia N.V.), Employment Agreement (Agendia N.V.)

Paid Time Off. During the Employment Term, “PTO”). The Executive will shall be entitled each year to paid time off under the Company’s Open Paid-a reasonable Paid Time Off (PTO) policy, which provides for mutually and reasonably agreed upon paid time off and is subject to change at in accordance with the discretion established practices of the Company, now or hereafter in effect for the executive personnel, during which time the Executive’s compensation shall be paid in full.

Appears in 3 contracts

Samples: Executive Employment Agreement (Dri Corp), Executive Employment Agreement (Dri Corp), Executive Employment Agreement (Dri Corp)

Paid Time Off. During the Employment Term, The Executive will shall be entitled to paid time off under (PTO) in a form and manner that does not diminish the Executive’s ability to fulfill his duties and responsibilities, and in accordance with the Company’s Open Paid-Time Off (PTO) policy, which provides for mutually PTO policies and reasonably agreed upon paid time off and is subject to change at the discretion of the Companyprocedures.

Appears in 2 contracts

Samples: Employment Agreement (Bright Green Corp), Employment Agreement (Bright Green Corp)

Paid Time Off. During the Employment Term, Executive will shall be entitled to such periods of paid time off (“PTO”) each year as provided from time to time under the Company’s Open PaidPTO policy and as otherwise provided for similarly-Time Off (PTO) policy, which provides for mutually and reasonably agreed upon paid time off and is subject to change at the discretion of the Companysituated employees.

Appears in 2 contracts

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

Paid Time Off. During the Employment Term, Executive will shall be entitled to such periods of paid time off under (“PTO”) each year as outlined in the Company’s Open Paid-Time Off (PTO) policy, which provides PTO policies and as otherwise provided for mutually and reasonably agreed upon paid time off and is subject to change at the discretion of the Company’s executive officers, as it may be amended from time to time.

Appears in 2 contracts

Samples: Executive Employment Agreement (Petra Acquisition Inc.), Executive Employment Agreement (Petra Acquisition Inc.)

Paid Time Off. During the Employment Term, Executive will shall be entitled to such periods of paid time off (“PTO”) each year as provided from time to time under the Company’s Open Paid-Time Off (PTO) policy, which provides PTO policy and as otherwise provided for mutually and reasonably agreed upon paid time off and is subject to change at the discretion of the Companysimilarly situated employees.

Appears in 2 contracts

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

Paid Time Off. During the Employment Term, the Executive will shall be entitled to paid time off under the Company’s Open Paid-Paid Time Off (PTO) in accordance with the Company's PTO policy, which provides for mutually and reasonably agreed upon paid time off and is subject to change . The Executive's PTO will be scheduled at such times as will least interfere with the discretion business of the Company.

Appears in 2 contracts

Samples: Employment Agreement (Lsi Industries Inc), Employment Agreement (Lsi Industries Inc)

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Paid Time Off. During the Employment Term, Executive will be entitled to paid time off under (“PTO”) each year, to be used in accordance with the Company’s Open Paid-Time Off (PTO) policy, which provides for mutually and reasonably agreed upon paid applicable Company policies as in effect from time off and is subject to change at the discretion of the Companytime.

Appears in 2 contracts

Samples: Employment and Restrictive Covenant Agreement (Alvarium Tiedemann Holdings, Inc.), Employment and Restrictive Covenant Agreement (Cartesian Growth Corp)

Paid Time Off. During the Employment Term, the Executive will be entitled to earn and use paid time off under (“PTO”) in accordance with the terms of the Company’s Open Paid-Time Off (PTO) PTO policy, which provides for mutually and reasonably agreed upon paid time off and is subject to change at the discretion of the Company.

Appears in 1 contract

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

Paid Time Off. During the Employment TermExecutive’s employment with the Company, the Executive will shall be entitled to utilize paid time off under (“PTO”) in accordance with the Company’s Open Paid-Time Off (PTO) policypolicies and practices for employees, which provides for mutually and reasonably agreed upon paid as in effect from time off and is subject to change at the discretion of the Companytime.

Appears in 1 contract

Samples: Employment Agreement (BioPlus Acquisition Corp.)

Paid Time Off. During the Employment Term, Executive will be entitled to paid time off under (“PTO”) each year, to be used in accordance with the Company’s Open Paid-Time Off (PTO) policy, which provides for mutually and reasonably agreed upon paid applicable Company or Parent policies as in effect from time off and is subject to change at the discretion of the Companytime.

Appears in 1 contract

Samples: Employment and Restrictive Covenant Agreement (Alvarium Tiedemann Holdings, Inc.)

Paid Time Off. During the Employment TermPeriod, the Company agrees that the Executive will shall be entitled to Paid Time Off (“PTO”) pursuant to the Company’s policies and procedures then in effect for senior executives. The Executive shall further be entitled to paid time off under federal holidays and authorized leaves (paid and unpaid) in accordance with the Company’s Open Paid-Time Off (PTO) policy, which provides for mutually and reasonably agreed upon paid time off and is subject to change at the discretion policies of the Company.Company then in effect for its senior executives. At all times, irrespective of the reason for the use, the Executive’s use of PTO shall be consistent with the applicable workplace policies. ​

Appears in 1 contract

Samples: Employment Agreement (Western Acquisition Ventures Corp.)

Paid Time Off. During the Employment Term, The Executive will be entitled to paid time off under (“PTO”) in accordance with the Company’s Open Paid-Time Off (PTO) PTO policy, which provides for mutually and reasonably agreed upon paid time off and is subject to change at the discretion of the Company.

Appears in 1 contract

Samples: Employment Agreement (Government Properties Trust Inc)

Paid Time Off. During the Employment TermPeriod, Executive will be entitled to is eligible for paid time off under (“PTO”) in accordance with the Company’s Open Paid-Time Off (PTO) PTO policy, which provides for mutually and reasonably agreed . Accrued but unused PTO will not be paid out to Executive upon paid time off and is subject to change at the discretion termination of Executive’s employment with the Company.

Appears in 1 contract

Samples: Employment Agreement (Bright Mountain Media, Inc.)

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