Common use of Vacation and Leave Clause in Contracts

Vacation and Leave. a. The Executive shall be entitled to vacations and other leave in accordance with Bank policy for senior executives, or otherwise as approved by the Boards of Directors of the Company or the Bank. 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 duties for such additional periods of time and for such valid and legitimate reasons as the Boards of Directors of the Company and the Bank may in their discretion determine. Further, the Boards of Directors 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 of Directors, in their discretion, may determine.

Vacation and Leave. a. The Executive shall be entitled to vacations and other leave in accordance with Bank policy for senior executives, or otherwise as approved by the Boards of Directors of the Company or the BankBoard, but in any event, not less than four (4) weeks vacation per calendar year. 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 duties employment for such additional periods of time and for such valid and legitimate reasons as the Boards of Directors Board of the Company and the Bank may in their discretion determine. Further, the Boards Board of Directors the Company or the Bank 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 such Boards of Directors, in their discretion, discretion may determine.

Vacation and Leave. a. The Executive shall be entitled to vacations five (5) weeks vacation and other leave in accordance with the Bank policy for senior executives, or otherwise as approved by the Boards Board of Directors of the Company or the BankCompany. b. In addition to paid vacations vacation and other leave, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his duties employment for such additional periods of time and for such valid and legitimate reasons as the Boards Board of Directors of the Company and the Bank may in their its discretion determine. Further, the Boards 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 of Directors, boards in their discretion, discretion may determine.

Vacation and Leave. a. The Executive shall be entitled to vacations and other leave in accordance with Bank the Bank’s policy for senior executives, or otherwise as approved by the Boards Board of Directors of the Company or the Bank. 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 duties employment for such additional periods of time and for such valid and legitimate reasons as the Boards Board of Directors of the Company and the Bank may may, in their discretion its discretion, determine. Further, the Boards of Directors 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 of Directors, Directors in their discretion, its discretion may determine.