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Common use of Paid Time Off Clause in Contracts

Paid Time Off. The Executive shall be entitled to twenty-five (25) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) of any unused paid time-off will be forfeited at the end of the calendar year.

Appears in 10 contracts

Samples: Employment Agreement (Landmark Apartment Trust, Inc.), Employment Agreement (Landmark Apartment Trust, Inc.), Employment Agreement (Landmark Apartment Trust of America, Inc.)

Paid Time Off. The Executive shall be entitled to not less than twenty-five nine (2529) days of paid time off per during each calendar year, plus pro-rated for any partial calendar year of employment, in accordance with the Company-scheduled holidays. Fifty percent (50%) of any unused paid ’s policies and practices with respect to its employees generally as in effect from time to time-off will be forfeited at the end of the calendar year.

Appears in 8 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Paid Time Off. The Executive shall be entitled to twenty-five (25) days of paid time off per calendar pursuant to Employer’s standard paid time off policies in the same manner as the Company’s other Senior Executives. Unused paid time off may be carried over from year to year, plus Company-scheduled holidays. Fifty percent but in no case may more than 45 days (50%360 hours) of any unused paid time-time off will be forfeited at the end of the calendar yearaccrued.

Appears in 6 contracts

Samples: Employment Agreement (Applied Genetic Technologies Corp), Employment Agreement (Applied Genetic Technologies Corp), Employment Agreement (Applied Genetic Technologies Corp)

Paid Time Off. The Executive shall be entitled to not less than twenty-five (25) days of paid time off per during each calendar year, plus pro-rated for any partial calendar year of employment, in accordance with the Company-scheduled holidays. Fifty percent (50%) of any unused paid ’s policies and practices with respect to its employees generally as in effect from time to time-off will be forfeited at the end of the calendar year.

Appears in 5 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Paid Time Off. The Executive shall be entitled to twenty-five no fewer than twenty (2520) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) Any unused days of any unused paid time-time off will be forfeited at the end of the calendar year.

Appears in 4 contracts

Samples: Employment Agreement (Global Medical REIT Inc.), Employment Agreement (American Residential Properties, Inc.), Employment Agreement (American Residential Properties, Inc.)

Paid Time Off. The Executive shall be entitled to twenty-five twenty four (2524) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) of any unused paid time-off will be forfeited at the end of prorated during the calendar yearyear in which the Executive is initially hired and the calendar year in which the Executive’s employment terminates, to be taken at such times as may be approved by the Chief Executive Officer.

Appears in 4 contracts

Samples: Employment Agreement (Tier Technologies Inc), Employment Agreement (Tier Technologies Inc), Employment Agreement (Tier Technologies Inc)

Paid Time Off. The Executive shall be entitled to twenty-five twenty four (2524) days of paid time off per calendar year, plus prorated during the calendar year in which the Executive is initially hired and the calendar year in which the Executive’s employment terminates, to be taken at such times as may be approved by the Chief Executive Officer. Carry forward on unused paid time off shall be subject to the Company-scheduled holidays. Fifty percent ’s standard paid time off policy, which allows for a maximum carry forward of one hundred and twenty five (50125%) of any unused Executive’s maximum paid time-time off will be forfeited at the end of the calendar yearaccrual.

Appears in 4 contracts

Samples: Employment Agreement (Tier Technologies Inc), Employment Agreement (Tier Technologies Inc), Employment Agreement (Tier Technologies Inc)

Paid Time Off. The Executive shall be entitled to twenty-five no fewer than fifteen (2515) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) Any unused days of any unused paid time-time off will be forfeited at the end of the calendar year.

Appears in 3 contracts

Samples: Executive Severance and Change in Control Vesting Agreement (American Residential Properties, Inc.), Executive Severance and Change in Control Vesting Agreement (American Residential Properties, Inc.), Executive Severance and Change in Control Vesting Agreement (American Residential Properties, Inc.)

Paid Time Off. The During the Employment Period, the Executive shall be entitled to twenty-five (25) 27 days of paid time off per calendar year, plus to be taken and carried over in accordance with the Company-scheduled holidays. Fifty percent (50%) of any unused ’s paid time off policy in effect from time to time-off will be forfeited at the end of the calendar year.

Appears in 3 contracts

Samples: Employment Agreement (Euramax Holdings, Inc.), Employment Agreement (Euramax Holdings, Inc.), Employment Agreement (Euramax Holdings, Inc.)

Paid Time Off. The Executive shall be entitled to no fewer than twenty-five (25) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) Any unused days of any unused paid time-time off will be forfeited at the end of the calendar year.

Appears in 2 contracts

Samples: Employment Agreement (American Residential Properties, Inc.), Employment Agreement (American Residential Properties, Inc.)

Paid Time Off. The Executive shall be entitled to not less than twenty-five four (2524) days of paid time off per during each calendar year, plus pro-rated for any partial calendar year of employment, in accordance with the Company-scheduled holidays. Fifty percent (50%) of any unused paid ’s policies and practices with respect to its employees generally as in effect from time to time-off will be forfeited at the end of the calendar year.

Appears in 2 contracts

Samples: Employment Agreement (Americold Realty Trust), Employment Agreement (Americold Realty Trust)

Paid Time Off. The Executive shall be entitled to twenty-five (25) days of no less paid time off per calendar than the other senior executives, pursuant to Employer’s standard paid time off policies. Unused paid time off may be carried over from year to year, plus Company-scheduled holidays. Fifty percent but in no case may more than 45 days (50%360 hours) of any unused paid time-time off will be forfeited at the end of the calendar yearaccrued.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Applied Genetic Technologies Corp)

Paid Time Off. The In addition to statutory holidays, the Executive shall be entitled to twenty-five (25) 25 days of paid time off per each calendar yearyear during the Executive's employment, plus accruing ratably each month, to be taken in accordance with the procedures and practices generally applicable from time to time to the Company's executive-scheduled holidays. Fifty percent (50%) of any unused paid time-off will be forfeited at the end of the calendar yearlevel employees.

Appears in 2 contracts

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

Paid Time Off. The Executive shall be entitled to twenty-five twenty (2520) days of paid time off per calendar year, plus in addition to Company holidays, to be taken and carried over in accordance with the Company-scheduled holidays. Fifty percent (50%) of any unused ’s paid time off policy in effect from time to time-off will be forfeited at the end of the calendar year.; and

Appears in 1 contract

Samples: Executive Employment Agreement (Vynleads, Inc.)

Paid Time Off. The Executive shall be entitled entitled, all on a paid basis, to twenty-five (25) days of annual paid time off per of 25 days (excluding public holidays) and subject to a maximum carry-over from calendar year, plus year to calendar year of no more than five (5) days. The Executive shall also be entitled to any paid holidays as designated by the Company-scheduled holidays. Fifty percent (50%) of any unused paid time-off will be forfeited at the end of the calendar year.

Appears in 1 contract

Samples: Employment Agreement (Staffing 360 Solutions, Inc.)

Paid Time Off. The Executive shall be entitled to twenty-five twenty six (2526) days of paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) of any unused paid time-off will be forfeited at the end of prorated during the calendar yearyear in which the Executive is initially hired and the calendar year in which the Executive’s employment terminates, to be taken at such times as may be approved by the Chief Executive Officer.

Appears in 1 contract

Samples: Employment Agreement (Tier Technologies Inc)

Paid Time Off. The During the Employment Period, Executive shall be entitled to twenty-receive twenty five (25) days of paid time off per calendar yearyear (prorated to reflect any partial calendar year of employment), plus Companyto be taken in accordance with the Company Group’s then-scheduled holidays. Fifty percent (50%) of any unused paid existing paid- time-off will be forfeited policies. Any accrued but unused paid time off remaining at the end of the calendar yearEmployment Period shall be forfeited, and Executive shall not receive payment for such accrued but unused paid time off.

Appears in 1 contract

Samples: Employment Agreement (Forian Inc.)

Paid Time Off. The Executive shall be entitled to twenty-five twenty four (2524) days of paid time off per calendar year, plus prorated during the calendar year in which the Executive is initially hired and the calendar year in which the Executive’s employment terminates, to be taken at such times as may be approved by the Chief Executive Officer or Chief Technology Officer, as applicable. Carry forward on unused paid time off shall be subject to the Company-scheduled holidays. Fifty percent ’s standard paid time off policy, which allows for a maximum carry forward of one hundred and twenty five (50125%) of any unused Executive’s maximum paid time-time off will be forfeited at the end of the calendar yearaccrual.

Appears in 1 contract

Samples: Employment Agreement (Tier Technologies Inc)

Paid Time Off. The Executive shall be entitled to twenty-five two (2522) days of paid time off per calendar year; provided, plus Company-scheduled holidays. Fifty percent however, that no more than ten (50%10) days of such paid time off may be used consecutively, and provided, further, that any accrued but unused paid time-time off will be forfeited remaining at the end of each calendar year shall be forfeited. The foregoing shall accrue at a rate of 1.83 days per month beginning sixty (60) days after your first day of active service with the calendar yearCompany.

Appears in 1 contract

Samples: Employment Agreement (MTM Technologies, Inc.)

Paid Time Off. The Executive shall be entitled to twentyno less paid time off than the other senior executives, pursuant to Employer’s standard paid time off policies. Unused paid time off may be carried over from year to year, but in no case may more than forty-five (2545) days (360 hours) of unused paid time off per calendar year, plus Company-scheduled holidays. Fifty percent (50%) of any unused paid time-off will be forfeited at the end of the calendar yearaccrued.

Appears in 1 contract

Samples: Employment Agreement (Applied Genetic Technologies Corp)

Paid Time Off. The During the Term, the Executive shall be entitled to accrue annual “paid time off” at the rate of twenty-five (25) days of paid time off per calendar year, plus Company-scheduled holidaysall in accordance with Company policy, which shall be accrued ratably. Fifty percent (50%) of any unused Unused paid time-time off may not be carried over into the following calendar year and will not be forfeited paid out at the end of the calendar yearyear or at any other time, except accrued but unused days will be paid out upon termination of the Executive’s employment. The Executive shall also be entitled to all paid holidays given by the Company to its executives.

Appears in 1 contract

Samples: Employment Agreement (AquaVenture Holdings LTD)