Vacation and Leave. a. The Executive shall be entitled to vacation and other leave in accordance with the policy for senior executives, or otherwise as approved by the Board, but, in any event, not less than four (4) weeks of paid vacation annually. b. In addition to paid vacations and other leave, Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may, in its discretion, determine. Further, the Board may grant to Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board in its discretion may determine.
Appears in 2 contracts
Samples: Employment Agreement (Beneficial Bancorp Inc.), Employment Agreement (Beneficial Bancorp Inc.)
Vacation and Leave. a. 7.1 The Executive shall be entitled to vacation vacations and other leave in accordance with the policy for senior executives, or otherwise as approved by the Board, but, in any event, not less than four (4) weeks of paid vacation annually.
b. 7.2 In addition to paid vacations and other leave, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may, may in its discretion, discretion determine. Further, the Board may grant to the Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board in its discretion may determine.
Appears in 2 contracts
Samples: Employment Agreement (Cheviot Financial Corp), Employment Agreement (Cheviot Financial Corp)
Vacation and Leave. a. The Executive shall be entitled to vacation and other leave in accordance with the Bank’s policy for senior executives, or otherwise as approved by the Board, but, in any event, not less than four (4) weeks of paid vacation annually.
b. In addition to paid vacations and other leave, Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may, in its discretion, determine. Further, the Board may grant to Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board in its discretion may determine.
Appears in 2 contracts
Samples: Employment Agreement (Beneficial Mutual Bancorp Inc), Employment Agreement (Beneficial Mutual Bancorp Inc)
Vacation and Leave. a. The Executive shall be entitled to vacation and other leave in accordance with the policy for senior executives, or otherwise as approved by the Board, but, in any event, not less than four (4) weeks of paid vacation annually.
b. In addition to paid vacations and other leave, Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may, in its discretion, determine. Further, the Board may grant to Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board in its discretion may determine.
Appears in 2 contracts
Samples: Employment Agreement (Beneficial Bancorp Inc.), Employment Agreement (Beneficial Bancorp Inc.)
Vacation and Leave. a. The Executive shall be entitled to vacation vacations and other leave in accordance with the policy for senior executives, or otherwise as approved by the Board, but, in any event, not less than four (4) weeks of paid vacation leave annually.
b. In addition to paid vacations and other leave, Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may, in its discretion, determine. Further, the Board may grant to Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board in its discretion may determine.
Appears in 2 contracts
Samples: Employment Agreement (Beneficial Mutual Bancorp Inc), Employment Agreement (Beneficial Mutual Bancorp Inc)
Vacation and Leave. a. The Executive shall be entitled to vacation vacations and other leave in accordance with the policy for senior executives, or otherwise as approved by the Board, but, in any event, not less than four (4) weeks of paid vacation leave annually. The Executive’s vacation time will be pro-rated for the 2010 calendar year based on his date of hire.
b. In addition to paid vacations and other leave, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may, in its discretion, determine. Further, the Board may grant to the Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board in its discretion may determine.
Appears in 1 contract
Samples: Employment Agreement (Beneficial Mutual Bancorp Inc)
Vacation and Leave. a. The Executive shall be entitled to five (5) weeks of vacation annually, and such other leave in accordance with the policy for senior executives, executives or otherwise as approved by the Board, but, in any event, not less than four (4) weeks of paid vacation annually.
b. In addition to paid vacations and other leave, Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may, in its discretion, determine. Further, the Board may grant to Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board in its discretion may determine.
Appears in 1 contract
Vacation and Leave. a. The Executive shall be entitled to vacation paid vacations and other leave in accordance with the policy for senior executives, or otherwise as approved by the Board, but, in any event, not less than four (4) weeks of paid vacation annually.
b. In addition to paid vacations and other leave, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may, may in its discretion, discretion determine. US2008 7473109 3 Further, the Board may grant to the Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board in its discretion may determine.
Appears in 1 contract
Vacation and Leave. a. 7.1 The Executive shall be entitled to vacation vacations and other leave in accordance with the policy for senior executives, or otherwise as approved by the Board, but, in any event, not less than four (4) weeks of paid vacation annually.
b. 7.2 In addition to paid vacations and other leave, Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may, may in its discretion, discretion determine. Further, the Board may grant to Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions coalitions as the Board in its discretion may determine.
Appears in 1 contract
Vacation and Leave. a. The Executive shall be entitled to vacation vacations and other leave in accordance with the policy for senior executives, or otherwise as approved by the Board, but, in any event, not less than four (4) weeks of paid vacation annually.
b. In addition to paid vacations and other leave, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the President and CEO or Board may, may in its discretion, discretion determine. Further, the President and CEO or Board may grant to the Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the President and CEO or Board in its discretion may determine.
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Vacation and Leave. a. The Executive shall be entitled to vacation vacations and other leave in accordance with the policy for senior executives, or otherwise as approved by the Board, but, but in any no event, not shall the Executive receive less than four (4) weeks 31 days of paid vacation leave annually.
b. In addition to paid vacations and other leave, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may, in its discretion, determine. Further, the Board may grant to the Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board in its discretion may determine.
Appears in 1 contract
Samples: Employment Agreement (Beneficial Mutual Bancorp Inc)