Common use of Vacation and Sick Leave Clause in Contracts

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment under this Agreement, all such voluntary absences to count as vacation time; provided that: (a) The Executive shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives of the Company. (b) The Executive shall not receive any additional compensation from the Company on account of his failure to take a vacation, and the Executive shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment with the Company 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 such Board in its discretion may determine. (d) In addition, the Executive shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive The Employee shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment duties under this AgreementAgreement in accordance with the terms set forth below, all such voluntary absences to count as vacation time; provided that: (a) The Executive Employee shall be entitled to an annual vacation in accordance with the policies that periodically established by the Board periodically establishes for senior management Executives employees of the Company. (b) The Executive Employee shall not receive any additional compensation from the Company on account of his failure to take a vacation, and the Executive Employee shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive Employee shall be entitled entitled, without loss of pay, to absent himself voluntarily from the performance of his employment obligations with the Company for such additional periods of time and for such valid and legitimate reasons as the Board may in its discretion determineapprove. Further, the Board may grant to the Executive Employee a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as such the Board in its discretion may determine. (d) In addition, the Executive Employee shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment under this Agreement, all such voluntary absences to count as vacation time; , provided that: (a) The Executive shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives employees of the CompanyBank. (b) The Executive shall not receive any additional compensation from the Company Bank on account of his failure to take a vacation, and the Executive shall not accumulate unused vacation or sick leave from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment with the Company Bank 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 such Board in its discretion may determine. (d) In addition, the Executive shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive The Employee shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment duties under this AgreementAgreement in accordance with the terms set forth below, all such voluntary absences to count as vacation time; provided that: (a) The Executive Employee shall be entitled to an annual vacation in accordance with the policies that periodically established by the Board periodically establishes for senior management Executives employees of the CompanyBank. (b) The Executive Employee shall not receive any additional compensation from the Company Bank on account of his failure to take a vacation, and the Executive Employee shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive Employee shall be entitled entitled, without loss of pay, to absent himself voluntarily from the performance of his employment obligations with the Company Bank for such additional periods of time and for such valid and legitimate reasons as the Board may in its discretion determineapprove. Further, the Board may grant to the Executive Employee a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as such the Board in its discretion may determine. (d) In addition, the Executive Employee shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive The Employee shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment duties under this AgreementAgreement in accordance with the terms set forth below, all such voluntary absences to count as vacation time; provided that: (a) The Executive Employee shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives employees of the Company. (b) The Executive Employee shall not receive any additional compensation from the Company on account of his failure to take a vacation, and the Executive Employee shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive Employee shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment obligations with the Company for such additional periods of time and for such valid and legitimate reasons as the Board may in its discretion determineapprove. Further, the Board may grant to the Executive Employee a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as such the Board in its discretion may determine. (d) In addition, the Executive Employee shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his her employment under this Agreement, all such voluntary absences to count as vacation time; provided that: (a) The Executive shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives of the Company. (b) The Executive shall not receive any additional compensation from the Company on account of his her failure to take a vacation, and the Executive shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive shall be entitled without loss of pay, to absent himself voluntarily from the performance of his her employment with the Company 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 such Board in its discretion may determine. (d) In addition, the Executive shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive The Employee shall be entitled, without loss of pay, to absent himself herself voluntarily from the performance of his employment her duties under this AgreementAgreement in accordance with the terms set forth below, all such voluntary absences to count as vacation time; provided that: (a) The Executive Employee shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives employees of the Company. (b) The Executive Employee shall not receive any additional compensation from the Company on account of his her failure to take a vacation, and the Executive Employee shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive Employee shall be entitled without loss of pay, to absent himself herself voluntarily from the performance of his her employment obligations with the Company for such additional periods of time and for such valid and legitimate reasons as the Board may in its discretion determineapprove. Further, the Board may grant to the Executive Employee a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as such the Board in its discretion may determine. (d) In addition, the Executive Employee shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive The Employee shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment duties under this AgreementAgreement in accordance with the terms set forth below, all such voluntary absences to count as vacation time; provided that: (a) The Executive Employee shall be entitled to an annual vacation in accordance with the policies that periodically established by the Board periodically establishes for senior management Executives of employees at the CompanyBank. (b) The Executive Employee shall not receive any additional compensation from the Company Bank on account of his failure to take a vacation, and the Executive Employee shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive Employee shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment obligations with the Company Bank for such additional periods of time and for such valid and legitimate reasons as the Board may in its discretion determineapprove. Further, the Board may grant to the Executive Employee a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as such the Board in its discretion may determine. (d) In addition, the Executive Employee shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive The Employee shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment duties under this AgreementAgreement in accordance with the terms set forth below, all such voluntary absences to count as vacation time; provided that: (a) The Executive Employee shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives employees of the CompanyAssociation. (b) The Executive Employee shall not receive any additional compensation from the Company Association on account of his failure to take a vacation, and the Executive Employee shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive Employee shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment obligations with the Company Association for such additional periods of time and for such valid and legitimate reasons as the Board may in its discretion determineapprove. Further, the Board may grant to the Executive Employee a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as such the Board in its discretion may determine. (d) In addition, the Executive Employee shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive The Employee shall be entitled, without loss of pay, to absent himself herself voluntarily from the performance of his employment her duties under this AgreementAgreement in accordance with the terms set forth below, all such voluntary absences to count as vacation time; provided that: (a) The Executive Employee shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives employees of the CompanyAssociation. (b) The Executive Employee shall not receive any additional compensation from the Company Association on account of his her failure to take a vacation, and the Executive Employee shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive Employee shall be entitled without loss of pay, to absent himself herself voluntarily from the performance of his her employment obligations with the Company Association for such additional periods of time and for such valid and legitimate reasons as the Board may in its discretion determineapprove. Further, the Board may grant to the Executive Employee a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as such the Board in its discretion may determine. (d) In addition, the Executive Employee shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive The Employee shall be entitled, without loss of pay, to absent himself herself voluntarily from the performance of his employment her duties under this AgreementAgreement in accordance with the terms set forth below, all such voluntary absences to count as vacation time; provided that: (a) The Executive Employee shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives employees of the CompanyBank. (b) The Executive Employee shall not receive any additional compensation from the Company Bank on account of his her failure to take a vacation, and the Executive Employee shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive Employee shall be entitled without loss of pay, to absent himself herself voluntarily from the performance of his her employment obligations with the Company Bank for such additional periods of time and for such valid and legitimate reasons as the Board may in its discretion determineapprove. Further, the Board may grant to the Executive Employee a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as such the Board in its discretion may determine. (d) In addition, the Executive Employee shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment under this Agreement, all such voluntary absences to count as vacation time; provided that: (a) The Executive shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives executives of the Company. (b) The Executive shall not receive any additional compensation from the Company on account of his failure to take a vacation, and the Executive shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the BoardBoard of Directors. (c) In addition to the aforesaid paid vacations, the Executive shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment with the Company 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 such Board in its discretion may determine. (d) In addition, the Executive shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive shall be entitled, without loss of pay, to absent himself herself voluntarily from the performance of his employment under this Agreement, all such voluntary absences to count as vacation time; , provided that: (a) The Executive shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives employees of the CompanyBank. (b) The Executive shall not receive any additional compensation from the Company Bank on account of his failure to take a vacation, and the Executive shall not accumulate unused vacation or sick leave from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment with the Company Bank 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 such Board in its discretion may determine. (d) In addition, the Executive shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive Employee shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment under this Agreement, all such voluntary absences to count as vacation time; , provided that: (a) The Executive Employee shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives employees of the CompanyAssociation. (b) The Executive Employee shall not receive any additional compensation from the Company Association on account of his failure to take a vacationvacation or sick leave, and the Executive Employee shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board.not (c) In addition to the aforesaid paid vacations, the Executive Employee shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment with the Company Association 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 Employee a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as such Board in its discretion may determine. (d) In addition, the Executive Employee shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment under this Agreement, all such voluntary absences to count as vacation time; , provided that: (a) The Executive shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives executives of the Company. (b) The Executive shall not receive any additional compensation from the Company on account of his failure to take a vacation, and the Executive shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment with the Company for such additional periods of time and for such valid and legitimate reasons as the Board may in its reasonable discretion determine, including observance of religious holidays. 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 such Board in its discretion may determine. (d) In addition, the Executive shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive Employee shall be entitled, without loss of pay, to be absent himself voluntarily from the performance of his employment under this Agreement, all . All such voluntary absences to will count as vacation time; , provided that: (a) The Executive Employee shall be entitled to an annual vacation paid time off in accordance with the policies that the Board periodically establishes for senior management Executives employees of the Company. (b) The Executive Employee shall not receive any additional compensation from the Company on account of his the Employee's failure to take a vacation, and the Executive shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board.; (c) In addition to the aforesaid paid vacations, the Executive Employee shall be entitled entitled, without loss of pay, to be absent himself voluntarily from the performance of his employment with the Company 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 Employee a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as such Board Board, in its discretion discretion, may determine. (d) In addition, the Executive shall be entitled to an annual sick leave benefit as established by the Board.; and

Vacation and Sick Leave. At such reasonable times as the Board shall in its discretion permit, the Executive The Employee shall be entitled, ----------------------- without loss of pay, to absent himself voluntarily from the performance of his employment duties under this Agreement, all such voluntary absences to count as vacation time; provided that:Agreement in accordance (a) The Executive Employee shall be entitled to an annual vacation in accordance with the policies that periodically established by the Board periodically establishes for senior management Executives employees of the Company. (b) The Executive Employee shall not receive any additional compensation from the Company on account of his failure to take a vacation, and the Executive Employee shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive Employee shall be entitled entitled, without loss of pay, to absent himself voluntarily from the performance of his employment obligations with the Company for such additional periods of time and for such valid and legitimate reasons as the Board may in its discretion determineapprove. Further, the Board may grant to the Executive Employee a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as such the Board in its discretion may determine. (d) In addition, the Executive Employee shall be entitled to an annual sick leave benefit as established by the Board. 9.

Vacation and Sick Leave. At such reasonable times as the Board shall ----------------------- in its discretion permit, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment under this Agreement, all such voluntary absences to count as vacation time; provided that: (a) The Executive shall be entitled to an four weeks annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives of the Company. (b) The Executive shall not receive any additional compensation from the Company on account of his failure to take a vacation, and the Executive shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment with the Company 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 such Board in its discretion may determine. (d) In addition, the Executive shall be entitled to an annual sick leave benefit as established by the Board.

Vacation and Sick Leave. At such reasonable times as the Board shall ----------------------- in its discretion permit, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment under this Agreement, all such voluntary absences to count as vacation time; provided that: (a) The Executive shall be entitled to an annual vacation in accordance with the policies that the Board periodically establishes for senior management Executives of the Company. (b) The Executive shall not receive any additional compensation from the Company on account of his failure to take a vacation, and the Executive shall not accumulate unused vacation from one fiscal year to the next, except in either case to the extent authorized by the Board. (c) In addition to the aforesaid paid vacations, the Executive shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment with the Company 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 such Board in its discretion may determine. (d) In addition, the Executive shall be entitled to an annual sick leave benefit as established by the Board.