PTO and Holidays Sample Clauses

PTO and Holidays. During the Term, Employee shall be entitled to up to twenty-seven (27) days of paid-time off (PTO), plus holidays offered consistent with Employer policy. Unused PTO shall be treated in accordance with Employer policy.
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PTO and Holidays. Executive will accrue up to one hundred sixty (160) hours of PTO each year, which accrual shall occur ratably over the Company's payroll periods, in addition to all holidays observed by the Company. Accrual of PTO shall be in accordance with the Company's Employee Manual. Executive may carry over, in the aggregate, up to one hundred sixty (160) hours of unused PTO to a subsequent year; provided, however, Executive may not accumulate in excess of one hundred sixty (160) hours of PTO at any given time (the "Cap"). Should Executive's accumulation of PTO reach the Cap of one hundred sixty (160) hours, Executive will no longer accrue additional PTO until Executive uses some of Executive's accumulated PTO and Executive's accumulated PTO balance drops below the Cap. For purposes of PTO usage, Executive shall be considered to work eight (8) hours a day. Each calendar year Executive shall take at least five (5) consecutive days of PTO.
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PTO and Holidays. On an annual basis, the Employee shall be eligible for six Company paid holidays and will accrue PTO (Personal Time Off) at a rate of 3.69 hours per pay period.
Sample 1
PTO and Holidays. Executive shall be entitled to such hours of paid time off each calendar year as provided in the paid time off policies that the Company establishes and amends from time to time. Such paid time off may be taken at such times and in such intervals as Executive reasonably determines, subject to the reasonable business needs of the Company as determined by the Board from time to time. Such paid time off shall not cumulate from year to year, and Executive shall not be entitled to payment for unused paid time off at the time of employment termination or at the end of the calendar year. Such paid time off shall be prorated for any period of service during the first and last calendar years occurring during the term of this Agreement. Executive shall be entitled to all paid holidays that the Company makes available from time to time to all employees of the Company generally.
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Related to PTO and Holidays

  • Vacations and Holidays The Executive will be entitled to four weeks paid vacation each Fiscal Year in accordance with the vacation policies of the Employer in effect for its executive officers from time to time. Vacation must be taken by the Executive at such time or times as approved by the Chairman of the Board or Chief Executive Officer. The Executive will also be entitled to the paid holidays set forth in the Employer's policies. Vacation days and holidays during any Fiscal Year that are not used by the Executive during such Fiscal Year may not be used in any subsequent Fiscal Year.

  • Vacation and Holidays Executive will receive four weeks of paid vacation each year in addition to all holidays observed by the Company and its subsidiaries. Executive may carry over, in the aggregate, up to four weeks of unused vacation to a subsequent year. Any unused vacation time in excess of four weeks will not accumulate or carry over from one calendar year to the next. Each calendar year, Executive shall take not less than one (1) week vacation.

  • Weekend Holidays 9.3.1. A full-time employee who works a Monday through Friday schedule and the calendar holiday falls on a Saturday, the employee shall be allowed the preceding day off. When a holiday falls on a Sunday, the employee shall be allowed the following day off. If the employee works the day preceding or following such a holiday, he/she shall be given another workday off with pay or shall receive payment for that day at the regular rate. 9.3.2. A full-time employee who works other than a Monday through Friday schedule and who is not scheduled to work on a calendar holiday shall be given at the discretion of the Employer (1) another scheduled workday off with pay, or (2) an additional day's pay at his/her regular rate if funds are available.

  • HOLIDAYS AND HOLIDAY PAY 165. 1. A holiday is calculated based on an eight hour day. The following days are designated as holidays: January 1 ( New Year's Day) the third Monday in January (Xxxxxx Xxxxxx Xxxx, Xx.'s birthday) the third Monday in February (Presidents' Day) the last Monday in May (Memorial Day) July 4 (Independence Day) the first Monday in September (Labor Day) the second Monday in October (Columbus Day) November 11 (Veterans' Day) Thanksgiving Day the day after Thanksgiving December 25 (Christmas Day) 166. Provided further, if January 1, July 4, November 11 or December 25 falls on a Sunday, the Monday following is a holiday.

  • Vacation, Sick Leave and Holidays Executive shall be entitled to four (4) weeks (28 business days) of vacation, and also sick leave and holidays at full pay in accordance with the Company’s policies established and in effect from time to time.

  • PAID HOLIDAYS 12.01 The following days are recognized as holidays under this Agreement: New Year's Day Family Day Good Friday Easter Sunday Victoria Day Canada Day Civic Holiday Labour Day Thanksgiving Day Remembrance Day Boxing Day Christmas Day 12.02 Full-time employees required to work on a paid holiday shall have the option of either: (a) Pay at the rate of two times (2x) the employee's regular rate of pay for work performed on such holiday, in addition to the employee's regular pay, or (b) Pay at the rate of two times (2x) the employee's regular rate for work performed on such holiday and an alternate day off with pay at a time that is mutually agreed upon between the Employer and the employee. The alternate day off is to be taken within six (6) months after the holiday upon mutual agreement between the Employer and Employee. 12.03 If a paid holiday falls within a full-time employee’s normal schedule/rotation they shall have the option to either work the holiday with the appropriate pay or to request the holiday off, subject to operational requirements. Requests for the holiday off must be made prior to the work schedule being posted for that period. 12.04 In order to qualify for pay for a holiday, an employee shall complete her full shift on each of the scheduled working days immediately preceding and following the holiday concerned unless excused by the Employer or the employee was absent due to: (a) approved sick leave; (b) vacation granted by the Employer; (c) the employee's regular scheduled day off; (d) a paid leave of absence provided the employee is not otherwise compensated for the holiday. (a) Where a holiday falls on an employee's scheduled day off, an additional day off with pay will be scheduled at a mutually acceptable time. (b) Where a holiday falls during an employee's scheduled vacation period, her vacation shall be extended by one (1) day unless the employee and the Employer agree to schedule a different day off with pay. 12.06 A tour that begins or ends during the twenty-four (24) hour period of the above holidays, where the majority of hours worked falls within the holiday, shall be deemed to be work performed on the holiday for the full period of the tour.

  • OVERTIME AND HOLIDAY PAY 5.3.1 All hours worked by an employee in excess of eight (8) hours per shift and in excess of forty (40) straight time hours per week shall be paid for at the rate of one and one-half times the straight time rate. All hours worked by an employee in excess of ten (10) hours per shift and all hours worked on Sunday shall be paid at the rate of double the straight time rate. 5.3.2 Additional holidays recognized in the Construction Industry in each geographical area will be observed on all work covered by this Appendix.

  • Saturdays, Sundays and Holidays If the last or appointed day for the taking of any action or the expiration of any right required or granted herein shall be a Saturday, Sunday or U.S. federal holiday, then such action may be taken or such right may be exercised on the next succeeding day that is not a Saturday, Sunday or U.S. federal holiday.

  • Worked Holidays Employees who are required to work on the above-named holidays shall receive the pay due them for the holiday, plus double their base rate for all hours worked on such holiday, plus shift differential and Cost of Living Adjustment, if applicable, unless the employee starts to work at 10:00 P.M., or thereafter on that day.

  • WEEKEND AND HOLIDAY DELIVERIES Unless otherwise specified in the Bid Specifications or by an Authorized User, deliveries will be scheduled for ordinary business hours, Monday through Friday (excluding legal holidays observed by the State of New York). Deliveries may be scheduled by mutual agreement for Saturdays, Sundays or legal holidays observed by the State of New York where the Product is for daily consumption, an emergency exists, the delivery is a replacement, delivery is late, or other reasonable circumstance in which event the convenience of the Authorized User shall govern.

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