Vacation and Leave. a. The Executive shall be entitled to five (5) weeks vacation and other leave in accordance with the Bank policy for senior executives, or otherwise as approved by the Board of Directors of the Company. b. In addition to paid vacation 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 of Directors of the Company may in its discretion determine. Further, the Board or the Board of Directors of the Company 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 boards in their discretion may determine.
Appears in 2 contracts
Samples: Employment Agreement (New England Bancshares, Inc.), Employment Agreement (New England Bancshares, Inc.)
Vacation and Leave. a. The Executive shall be entitled to five (5) weeks vacation and other leave in accordance with the Bank Bank’s policy for senior executives, or otherwise as approved by the Board Board, but, in any event, not less than four (4) weeks of Directors of the Companypaid vacation annually.
b. In addition to paid vacation 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 of Directors of the Company may may, in its discretion discretion, determine. Further, the Board or the Board of Directors of the Company 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 boards Board in their 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 five (5) weeks vacation and other leave in accordance with the Bank policy for senior executives, or otherwise as approved by the Board Board, but, in any event, not less than four (4) weeks of Directors of the Companypaid vacation annually.
b. In addition to paid vacation 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 of Directors of the Company may may, in its discretion discretion, determine. Further, the Board or the Board of Directors of the Company 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 boards Board in their 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 five (5) weeks vacation vacations and other leave in accordance with the Bank policy for senior executives, or otherwise as approved by the Board of Directors of the CompanyBoard, but, in any event, not less than four (4) weeks vacation annually.
b. 7.2 In addition to paid vacation 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 of Directors of the Company may in its discretion determine. Further, the Board or the Board of Directors of the Company 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 boards Board in their 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 five (5) weeks vacation vacations and other leave in accordance with the Bank policy for senior executives, or otherwise as approved by the Board Board, but, in any event, not less than four (4) weeks of Directors of the Companypaid vacation leave annually.
b. In addition to paid vacation 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 of Directors of the Company may may, in its discretion discretion, determine. Further, the Board or the Board of Directors of the Company 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 boards Board in their 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 five (5) weeks vacation and other leave in accordance with the Bank policy for senior executives, or otherwise as approved by the Board Board, but, in any event, not less than four (4) weeks of Directors of the Companypaid vacation annually.
b. In addition to paid vacation 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 of Directors of the Company may may, in its discretion discretion, determine. Further, the Board or the Board of Directors of the Company 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 boards Board in their 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 five (5) weeks vacation vacations and other leave in accordance with the Bank policy for senior executives, or otherwise as approved by the Board Board, but in no event, shall the Executive receive less than 31 days of Directors of the Companypaid vacation leave annually.
b. In addition to paid vacation 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 of Directors of the Company may may, in its discretion discretion, determine. Further, the Board or the Board of Directors of the Company 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 boards Board in their 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 vacation paid vacations and other leave in accordance with the Bank policy for senior executives, or otherwise as approved by the Board of Directors of the CompanyBoard.
b. In addition to paid vacation 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 of Directors of the Company may in its discretion determine. US2008 7473109 3 Further, the Board or the Board of Directors of the Company 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 boards Board in their its discretion may determine.
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Vacation and Leave. a. The Executive shall be entitled to five (5) weeks vacation vacations and other leave in accordance with the Bank policy for senior executives, or otherwise as approved by the Board Board, but, in any event, not less than four (4) weeks of Directors paid vacation leave annually. The Executive’s vacation time will be pro-rated for the 2010 calendar year based on his date of the Companyhire.
b. In addition to paid vacation 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 of Directors of the Company may may, in its discretion discretion, determine. Further, the Board or the Board of Directors of the Company 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 boards Board in their its discretion may determine.
Appears in 1 contract
Samples: Employment Agreement (Beneficial Mutual Bancorp Inc)
Vacation and Leave. a. 7.1 The Executive shall be entitled to five (5) weeks vacation vacations and other leave in accordance with the Bank policy for senior executives, or otherwise as approved by the Board of Directors of the CompanyBoard, but, in any event, not less than four (4) weeks vacation annually.
b. 7.2 In addition to paid vacation 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 of Directors of the Company may in its discretion determine. Further, the Board or the Board of Directors of the Company 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 coalitions as the boards Board in their its discretion may determine.
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Vacation and Leave. a. The Executive shall be entitled to five (5) weeks vacation vacations and other leave in accordance with the Bank policy for senior executives, or otherwise as approved by the Board of Directors of the CompanyBoard, but, in any event, not less than four (4) weeks vacation annually.
b. In addition to paid vacation 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 of Directors of the Company may in its discretion determine. Further, the President and CEO or Board or the Board of Directors of the Company 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 boards President and CEO or Board in their its discretion may determine.
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Vacation and Leave. a. The Executive shall be entitled to five (5) weeks of vacation annually, and such other leave in accordance with the Bank policy for senior executives, executives or otherwise as approved by the Board of Directors of the CompanyBoard.
b. In addition to paid vacation 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 of Directors of the Company may may, in its discretion discretion, determine. Further, the Board or the Board of Directors of the Company 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 boards Board in their its discretion may determine.
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