Specific Benefits. Without limiting the generality of Section 3.3, the Executive shall be entitled to paid vacation of not less than the greater of (a) 20 business days per year or (b) the number of paid business vacation days provided to other senior executives of the Company (to be taken at reasonable times in accordance with the Company’s policies). Any accrued vacation not taken during any year may be carried forward to subsequent years; provided, that the Executive may not carry forward more than ten business days of unused vacation in any one year.
Specific Benefits. Without limiting the generality of Section 3.3, the Company shall make available to Executive the fringe benefits set forth on Attachment “A” to this Agreement. Executive shall be entitled to 20 days of paid time off (“PTO”) per Contract Year. Unless otherwise required by law, no more than 10 days of unused PTO may be carried forward (on a “first-in, first-out” basis) to the immediately following year (but not thereafter).
Specific Benefits. The Officer shall receive the following fringe benefits, subject to the Company’s policies in effect from time to time:
Specific Benefits. During the term of this Agreement (and thereafter to the extent this Agreement shall require):
(a) Employee shall be entitled to three (3) weeks of paid vacation time per year, to be taken at times mutually acceptable to the Company and Employee.
(b) The Company shall provide fully paid accident and health insurance for Employee and his family with limits and extent of coverage similar to that provided by Employee's previous employer.
(c) The Company shall obtain at its expense (subject to Employee's insurability) an insurance policy on the life of Employee, subject to the last sentence of this Section 3.04(c), in the face amount of $500,000 that provides it is fully funded after no more than five (5) years of premium payments. Employee shall have the exclusive right to designate the beneficiaries of such policy and change such beneficiaries from time to time. Such policy and the proceeds and cash value thereof shall be the sole property of Employee and the Company shall not retain any benefit therein. The Company shall not be obligated to pay premiums for such insurance in excess of $500 per annum.
(d) Employee shall be entitled to sick leave benefits during the employment period in accordance with the customary policies of the Company for its executive officers, but in no event less than ten (10) per year. In the event of Employee's Disability, disability insurance shall provide for the payment of Employee's Minimum Annual Compensation for a period of not less than one (1) year from the date of Disability.
(e) In recognition of the necessity of the use of an automobile to the efficient and expeditious performance of Employee's services, duties and obligations to and on behalf of the Company, the Company shall pay to the Employee an automobile allowance of $500 per month.
(f) In addition to the vacation provided pursuant to Section 3.04(a) hereof, Employee shall be entitled to not less than ten (10) paid holidays (other than weekends) per year, generally on such days on which the New York Stock Exchange is closed to trading.
(g) Employee shall be entitled to receive prompt reimbursement for all reasonable expenses incurred by him (in accordance with the policies and procedures established by the Company or the Board for the similarly situated employees of the Company) in performing services hereunder.
(h) The Company shall pay the reasonable costs of preparation, by a professional of Employee's choosing, of Employee's annual and estimated federal income t...
Specific Benefits. Without limiting the generality of Section 3.4, the Company shall make available to the Executive vacation of four weeks per year which vacation days may accrue subject to the Company policy regarding vacation accruals.
Specific Benefits. During Executive’s employment with the Company:
(a) Executive shall be entitled to four (4) weeks of paid vacation time per year, to be taken at times mutually acceptable to the Company and Executive.
(b) The Company shall provide fully paid accident and health insurance for Executive and Executive’s spouse and children with limits and extent of coverage no less than that provided to other executives of the Company.
(c) Executive shall be entitled to sick leave benefits during his employment in accordance with the customary policies of the Company for its executive officers, but in no event less than one (1) month per year.
(d) In addition to the vacation provided pursuant to Section 3.04(a) hereof, Executive shall be entitled to not less than ten (10) paid holidays (other than weekends) per year, generally on such days on which the New York Stock Exchange is closed to trading.
(e) Executive shall be entitled to receive prompt reimbursement for all reasonable expenses incurred by him (in accordance with the policies and procedures established by the Board for the similarly situated executives of the Company) in performing services hereunder.
(f) Executive shall be eligible to participate during his employment in Benefits not inconsistent or duplicative of those set forth in this Section 3.04 as the Company shall establish or maintain for its executives generally.
(g) The Company shall have the option to maintain and be the owner and beneficiary of a term life insurance policy payable on Executive’s death with a minimum policy limit of one million dollars ($1,000,000) and Executive agrees to submit to any physical examination, and otherwise to cooperate in any other procedures required to obtain such policy.
(h) The Company shall have the option to maintain and be the owner and beneficiary of a disability insurance policy payable on Executive’s disability with a minimum policy limit of one million dollars ($1,000,000) and Executive agrees to submit to any physical examination, and otherwise to cooperate in any other procedures required to obtain such policy.
Specific Benefits. 1. Tenure, probationary, temporary, and partial assignments.
a. Only tenured academic employees shall be eligible to apply for sabbatical leave.
b. All eligible academic employees shall be granted twelve (12) days of personal leave on the first day the academic employee’s assignment begins. After three (3) quarters of employment such leave shall accumulate at a rate of four (4) days per quarter for full-time employees to be credited on the first day of each quarter (pro-rata for partially contracted academic employees). No combination of circumstances shall result in an employee earning more than twelve (12) compensable days per year. Additional leave shall be credited to a non- compensable account.
c. Retirement of academic employees normally shall occur at the completion of the College year. For the purpose of this section only, the College year shall begin on September 1 and end on the thirty-first day of the following August. By October 1 of each College year, the employee should make every effort to notify the College of intent to retire at the end of the College year.
Specific Benefits. Without limiting the generality of Section 3.3, the Executive shall be entitled to vacation of twenty (20) business days per year (to be taken at reasonable times in accordance with the Company’s policies) and an automobile allowance of $1,500 per month.
Specific Benefits. 1. Tenure, probationary, temporary, and partial assignments
a. Only tenured academic employees shall be eligible to apply for sabbatical leave.
b. All such employees shall be granted twelve (12) days of personal leave on the first day his/her assignment begins. After three (3) quarters of employment such leave shall accumulate at a rate of four (4) days per quarter for full-time employees to be credited on the first day of each quarter (pro-rata for partially contracted academic employees). No combination of circumstances shall result in an employee earning more than twelve
Specific Benefits. 7.1 Benefits by membership level
7.1.1 “Academic” member:
