Common use of Vacation and Sick Days Clause in Contracts

Vacation and Sick Days. 3.4.1 Executive shall be entitled to ten (10) business days of paid vacation per year (which need not be taken consecutively). Such vacation shall be scheduled to minimize interference with the business. Executive shall also be entitled to all paid holidays given by Company to its employees. 3.4.2 Executive shall be entitled to not more than five (5) days paid sick days per year. 3.4.3 Vacation and sick day benefits must be taken in the year in which they accrue and may not be taken in any subsequent year absent the Company's consent, nor may Executive request payment of the cash equivalent of accrued vacation or sick days not taken.

Appears in 2 contracts

Samples: Executive Employment Agreement (Ergobilt Inc), Executive Employment Agreement (Ergobilt Inc)

AutoNDA by SimpleDocs

Vacation and Sick Days. 3.4.1 Executive shall be entitled to ten fifteen (1015) business days of paid vacation per year (which need not be taken consecutively). Such vacation shall be scheduled to minimize interference with the business. Executive shall also be entitled to all paid holidays given by Company to its employees. 3.4.2 Executive shall be entitled to not more than five (5) days paid sick days per year. 3.4.3 Vacation and sick day benefits must be taken in the year in which they accrue and may not be taken in any subsequent year absent the Company's consent, nor may Executive request payment of the cash equivalent of accrued vacation or sick days not taken.

Appears in 1 contract

Samples: Executive Employment Agreement (Ergobilt Inc)

AutoNDA by SimpleDocs

Vacation and Sick Days. 3.4.1 Executive shall be entitled to ten (10) business days three weeks of paid vacation per year (which need not be taken consecutively). Such vacation shall be scheduled to minimize interference with the business. Executive shall also be entitled to all paid holidays given by Company to its employees. 3.4.2 Executive shall be entitled to not more than five (5) days paid sick days per yearconsistent with Company policy as adopted from time to time. 3.4.3 Vacation and sick day benefits must be taken in the year in which they accrue and may not be taken in any subsequent year absent the Company's consent, nor may Executive request payment of the cash equivalent of accrued vacation or sick days not taken.

Appears in 1 contract

Samples: Executive Employment Agreement (Ergobilt Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!