Common use of Vacation and Personal Time Clause in Contracts

Vacation and Personal Time. During the Term, Executive shall be entitled to take not less than twenty (20) working days’ vacation or personal time off per calendar year, which may be taken at any time in accordance with the Company’s vacation policies as determined by the Company and so as not to interfere unreasonably with the performance of Executive’s duties and responsibilities hereunder. In addition to vacation time, Executive shall be entitled to take a reasonable amount of personal time in connection with the attendance at conferences, conventions, and business meetings related to the services to be performed by Executive under this Agreement, provided that such personal time does not interfere with the performance of his duties and responsibilities hereunder. A maximum of twenty (20) working days of vacation and personal time off that has accrued but not been used by calendar year-end can be carried over into the next year. In the event of the termination of this Agreement, Executive shall be compensated for all accrued vacation and personal time off, not to exceed twenty (20) working days at his Base Salary compensation for the relevant period. The Company shall comply with all applicable federal and state laws, if any, governing Executive’s accrual and use of paid sick time.

Appears in 1 contract

Samples: Employment Agreement (Engenavis, Inc.)

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Vacation and Personal Time. During the Term, Executive shall be entitled to take not less than twenty (20) working days' vacation or personal time off per calendar year, which may be taken at any time in accordance with the Company’s 's vacation policies as determined by the Company and so as not to interfere unreasonably with the performance of Executive’s 's duties and responsibilities hereunder. In addition to vacation time, Executive shall be entitled to take a reasonable amount of personal time in connection with the attendance at conferences, conventions, and business meetings related to the services to be performed by Executive under this Agreement, provided that such personal time does not interfere with the performance of his duties and responsibilities hereunder. A maximum of twenty (20) working days of vacation and personal time off that has accrued but not been used by calendar year-end can be carried over into the next year. In the event of the termination of this Agreement, Executive shall be compensated for all accrued vacation and personal time off, not to exceed twenty (20) working days at his Base Salary compensation for the relevant period. The Company shall comply with all applicable federal and state laws, if any, governing Executive’s 's accrual and use of paid sick time.

Appears in 1 contract

Samples: Employment Agreement (Engenavis, Inc.)

Vacation and Personal Time. During the Term, Executive shall be entitled to take not less than twenty (20) working days' vacation or personal time off per calendar year, which may be taken at any time in accordance with the Company’s 's vacation policies as determined by the Company and so as not to interfere unreasonably with the performance of Executive’s 's duties and responsibilities hereunder. In addition to vacation time, Executive shall be entitled to take a reasonable amount of personal time in connection with the attendance at conferences, conventions, and business meetings related to the services to be performed by Executive under this Agreement, provided that such personal time does not interfere with the performance of his duties and responsibilities hereunder. A maximum of twenty (20) working days of vacation and personal time off that has accrued but not been used by calendar year-end can be carried over into the next year. In the event of the termination of this Agreement, Executive shall be compensated for all accrued vacation and personal time off, not to exceed twenty (20) working days at his Base Salary compensation for the relevant period. The Company shall comply with all applicable federal and state laws, if any, governing goveming Executive’s 's accrual and use of paid sick time.

Appears in 1 contract

Samples: Employment Agreement (Engenavis, Inc.)

Vacation and Personal Time. During the Term, Executive shall be entitled to take not less than twenty fifteen (2015) working days' vacation or personal time off per calendar year, which may be taken at any time in accordance with the Company’s 's vacation policies as determined by the Company and so as not to interfere unreasonably with the performance of Executive’s 's duties and responsibilities hereunder. In addition to vacation time, Executive shall be entitled to take a reasonable amount of personal time in connection with the attendance at conferences, conventions, and business meetings related to the services to be performed by Executive under this Agreement, provided that such personal time does not interfere with the performance of his duties and responsibilities hereunder. A maximum of twenty (20fifteen ( 15) working days of vacation and personal time off that has accrued but not been used by calendar year-end can be carried over into the next year. In the event of the termination of this Agreement, Executive shall be compensated for all accrued vacation and personal time off, not to exceed twenty fifteen (2015) working days at his Base Salary compensation for the relevant period. The Company shall comply with all applicable federal and state laws, if any, governing Executive’s 's accrual and use of paid sick time.

Appears in 1 contract

Samples: Employment Agreement (Engenavis, Inc.)

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Vacation and Personal Time. During the Term, Executive shall be entitled to take not less than twenty (20) working days' vacation or personal time off xxX per calendar year, which may be taken at any time in accordance with the Company’s 's vacation policies as determined by the Company and so as not to interfere unreasonably with the performance of Executive’s 's duties and responsibilities hereunder. In addition to vacation time, Executive shall be entitled to take a reasonable amount of personal time in connection with the attendance at conferences, conventions, and business meetings related to the services to be performed by Executive under this Agreement, provided that such personal time does not interfere with the performance of his duties and responsibilities hereunder. A maximum of twenty (20) working days of vacation and personal time off that has accrued but not been used by calendar year-end can be carried over into the next year. In the event of the termination of this Agreement, Executive shall be compensated for all accrued vacation and personal time off, not to exceed twenty (20) working days at his Base Salary compensation for the relevant period. The Company shall comply with all applicable federal and state laws, if any, governing Executive’s 's accrual and use of paid sick time.

Appears in 1 contract

Samples: Employment Agreement (Engenavis, Inc.)

Vacation and Personal Time. During the Term, Executive shall be entitled to take not less than twenty (20) working days' vacation or personal time off per calendar year, which may be taken at any time in accordance with the Company’s 's vacation policies as determined by the Company and so as not to interfere unreasonably with the performance of Executive’s 's duties and responsibilities hereunder. In addition to vacation time, Executive shall be entitled to take a reasonable amount of personal time in connection with the attendance at conferences, conventions, and business meetings related to the services to be performed by Executive under this Agreement, provided that such personal time does not interfere with the performance of his her duties and responsibilities hereunder. A maximum of twenty (20) working days of vacation and personal time off that has accrued but not been used by calendar year-end can be carried over into the next year. In the event of the termination of this Agreement, Executive shall be compensated for all accrued vacation and personal time off, not to exceed twenty (20) working days at his her Base Salary compensation for the relevant period. The Company shall comply with all applicable federal and state laws, if any, governing Executive’s 's accrual and use of paid sick time.

Appears in 1 contract

Samples: Employment Agreement (Engenavis, Inc.)

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