Common use of Vacation and Sick Leave Clause in Contracts

Vacation and Sick Leave. The EMPLOYEE shall be entitled, without loss of pay, to be absent voluntarily from the performance of his duties under this AGREEMENT, subject to the following conditions: (i) The EMPLOYEE shall be entitled to an annual vacation in accordance with the policies periodically established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS, the duration of which shall not be less than four weeks each calendar year; (ii) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERS. The EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS in the event of his failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of unused vacation time in any calendar year may be carried over into any succeeding calendar year; and (iii) The EMPLOYEE shall be entitled to annual sick leave as established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS. In the event that any sick leave time shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, only to the extent authorized by the Boards of Directors of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leave.

Vacation and Sick Leave. The EMPLOYEE At such reasonable times as the Board of Directors shall in its discretion permit, the Employee shall be entitled, without loss of pay, to be absent himself voluntarily from the performance of his duties employment under this AGREEMENTAgreement, subject with all such voluntary absences to the following conditionscount as vacation time; provided that: (ia) The EMPLOYEE Employee shall be entitled to an annual vacation leave in accordance with the policies as are periodically established by the Boards Board of Directors of the EMPLOYERS for senior management officials employees of the EMPLOYERS, the duration of which shall not be less than four weeks each calendar year;Bank. (iib) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERS. The EMPLOYEE Employee shall not be entitled to receive any additional compensation from the EMPLOYERS in the event Bank on account of his failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of leave and Employee shall not be entitled to accumulate unused vacation time from one fiscal year to the next, except in any calendar year may be carried over into any succeeding calendar year; andeither case to the extent authorized by the Board of Directors for senior management employees of the Bank. (iiic) The EMPLOYEE In addition to the aforesaid paid vacations, the Employee shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment with the Bank for such additional periods of time and for such valid and legitimate reasons as the Board of Directors in its discretion may determine. Further, the Board of Directors shall be entitled to grant to the Employee a leave or leaves of absence with or without pay at such time or times and upon such terms and conditions as the Board of Directors in its discretion may determine. (d) In addition, the Employee shall be entitled to an annual sick leave benefit as established by the Boards Board of Directors of the EMPLOYERS for senior management officials employees of the EMPLOYERSBank. In the event that any sick leave time benefit shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, years only to the extent authorized by the Boards Board of Directors for employees of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leaveBank.

Vacation and Sick Leave. The EMPLOYEE shall be entitled, without loss of pay, to be absent voluntarily from the performance of his her duties under this AGREEMENT, subject to the following conditions: (i) The EMPLOYEE shall be entitled to an annual vacation in accordance with the policies periodically established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS, the duration of which shall not be less than four weeks each calendar year; (ii) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERS. The EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS in the event of his her failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of unused vacation time in any calendar year may be carried over into any succeeding calendar year; and (iii) The EMPLOYEE shall be entitled to annual sick leave as established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS. In the event that any sick leave time shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, only to the extent authorized by the Boards of Directors of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leave.

Vacation and Sick Leave. The EMPLOYEE shall be entitled, without loss of pay, to be absent voluntarily from the performance of his duties under this AGREEMENT, subject to the following conditions: (i) The EMPLOYEE shall be entitled to an annual vacation in accordance with the policies periodically established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS, the duration of which shall not be less than four 5 weeks each calendar year; (ii) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERS. The EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS in the event of his failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of unused vacation time in any calendar year may be carried over into any succeeding calendar year; and (iii) The EMPLOYEE shall be entitled to annual sick leave as established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS. In the event that any sick leave time shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, years only to the extent authorized by the Boards of Directors of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leave.

Vacation and Sick Leave. The EMPLOYEE At such reasonable times as the Board of Directors shall in its discretion permit, the Employee shall be entitled, without loss of pay, to be absent himself voluntarily from the performance of his duties employment under this AGREEMENTAgreement, subject with all such voluntary absences to the following conditionscount as vacation time; provided that: (ia) The EMPLOYEE Employee shall be entitled to an annual vacation leave in accordance with the policies as are periodically established by the Boards Board of Directors of the EMPLOYERS for senior management officials employees of the EMPLOYERS, the duration of which shall not be less than four weeks each calendar year;Association. (iib) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERS. The EMPLOYEE Employee shall not be entitled to receive any additional compensation from the EMPLOYERS in the event Association on account of his failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of leave and Employee shall not be entitled to accumulate unused vacation time from one fiscal year to the next, except in any calendar year may be carried over into any succeeding calendar year; andeither case to the extent authorized by the Board of Directors for senior management employees of the Association. (iiic) The EMPLOYEE In addition to the aforesaid paid vacations, the Employee shall be entitled without loss of pay, to absent himself voluntarily from the performance of his employment with the Association for such additional periods of time and for such valid and legitimate reasons as the Board of Directors in its discretion may determine. Further, the Board of Directors shall be entitled to grant to the Employee a leave or leaves of absence with or without pay at such time or times and upon such terms and conditions as the Board of Directors in its discretion may determine. (d) In addition, the Employee shall be entitled to an annual sick leave benefit as established by the Boards Board of Directors of the EMPLOYERS for senior management officials employees of the EMPLOYERSAssociation. In the event that any sick leave time benefit shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, years only to the extent authorized by the Boards Board of Directors for employees of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leaveAssociation.

Vacation and Sick Leave. The EMPLOYEE shall be entitled, without loss of pay, to be absent voluntarily from the performance of his her duties under this AGREEMENT, subject to the following conditions: (i) The EMPLOYEE shall be entitled to an annual vacation in accordance with the policies periodically established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS, the duration of which shall not be less than four three weeks each calendar year; (ii) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERS. The EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS in the event of his her failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of unused vacation time in any calendar year may be carried over into any succeeding calendar year; and (iii) The EMPLOYEE shall be entitled to annual sick leave as established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS. In the event that any sick leave time shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, years only to the extent authorized by the Boards of Directors of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leave.

Vacation and Sick Leave. The EMPLOYEE shall be entitled, without loss of pay, to be absent voluntarily from the performance of his her duties under this AGREEMENT, subject to the following conditions: (i) The EMPLOYEE shall be entitled to an annual vacation in accordance with the policies periodically established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS, the duration of which shall not be less than four 3 weeks each calendar year; (ii) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERS. The EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS in the event of his her failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of unused vacation time in any calendar year may be carried over into any succeeding calendar year; and (iii) The EMPLOYEE shall be entitled to annual sick leave as established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS. In the event that any sick leave time shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, years only to the extent authorized by the Boards of Directors of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leave.

Vacation and Sick Leave. The EMPLOYEE shall be entitled, without loss of pay, to be absent voluntarily from the performance of his duties under this AGREEMENT, subject to the following conditions: (i) The EMPLOYEE shall be entitled to an annual vacation in accordance with the policies periodically established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS, the duration of which shall not be less than four six weeks each calendar year; (ii) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERS. The EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS in the event of his failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of unused vacation time in any calendar year may be carried over into any succeeding calendar year; and (iii) The EMPLOYEE shall be entitled to annual sick leave as established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS. In the event that any sick leave time shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, only to the extent authorized by the Boards of Directors of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leave.

Vacation and Sick Leave. The EMPLOYEE shall be entitled, without loss of pay, to be absent voluntarily from the performance of his duties under this AGREEMENT, subject to the following conditions: (i) The EMPLOYEE shall be entitled to an annual vacation in accordance with the policies periodically established by the Boards of Directors of the EMPLOYERS BOARD for senior management officials of the EMPLOYERSEMPLOYER, the duration of which shall not be less than four two weeks each calendar yearyear of the EMPLOYMENT TERM; (ii) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERSBOARD. The EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS EMPLOYER in the event of his failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum year of one week of the EMPLOYMENT TERM nor shall unused vacation time in any calendar year may be carried over into any succeeding calendar yearyear of the EMPLOYMENT TERM; and (iii) The EMPLOYEE shall be entitled to annual sick leave as established by the Boards of Directors of the EMPLOYERS BOARD for senior management officials of the EMPLOYERSEMPLOYER. In the event that any sick leave time shall not have been used during any calendar yearyear of the EMPLOYMENT TERM, such leave shall accrue to subsequent calendar yearsyears of the EMPLOYMENT TERM, only to the extent authorized by the Boards of Directors of the EMPLOYERSBOARD. Upon termination of his employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS EMPLOYER for unused sick leave.

Vacation and Sick Leave. The EMPLOYEE shall be entitled, without loss of pay, to be absent voluntarily from the performance of his duties under this AGREEMENT, subject to the following conditions: (i) The EMPLOYEE shall be entitled to an annual vacation in accordance with the policies periodically established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS, the duration of which shall not be less than four weeks each calendar year; (ii) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERS. The EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS in the event of his failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of unused vacation time in any calendar year may be carried over into any succeeding calendar year; and (iii) The EMPLOYEE shall be entitled to annual sick leave as established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS. In the event that any sick leave time shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, years only to the extent authorized by the Boards of Directors of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leave.

Vacation and Sick Leave. The EMPLOYEE shall be entitled, without loss of pay, to be absent voluntarily from the performance of his her duties under this AGREEMENT, subject to the following conditions: (i) The EMPLOYEE shall be entitled to an annual vacation in accordance with the policies periodically established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS, the duration of which shall not be less than four ___ weeks each calendar year; (ii) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERS. The EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS in the event of his her failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of unused vacation time in any calendar year may be carried over into any succeeding calendar year; and (iii) The EMPLOYEE shall be entitled to annual sick leave as established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS. In the event that any sick leave time shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, years only to the extent authorized by the Boards of Directors of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leave.

Vacation and Sick Leave. The EMPLOYEE shall be entitled, without loss of pay, to be absent voluntarily from the performance of his duties under this AGREEMENT, subject to the following conditions: (i) The EMPLOYEE shall be entitled to an annual vacation in accordance with the policies periodically established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS, the duration of which shall not be less than four five weeks each calendar year; (ii) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERS. The EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS in the event of his failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of unused vacation time in any calendar year may be carried over into any succeeding calendar year; and (iii) The EMPLOYEE shall be entitled to annual sick leave as established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS. In the event that any sick leave time shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, only to the extent authorized by the Boards of Directors of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leave.

Vacation and Sick Leave. The EMPLOYEE shall be entitled, without loss of pay, to be absent voluntarily from the performance of his duties under this AGREEMENT, subject to the following conditions: (i) The EMPLOYEE shall be entitled to an annual vacation in accordance with the policies periodically established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS, the duration of which shall not be less than four ___ weeks each calendar year; (ii) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by the Boards of Directors of the EMPLOYERS. The EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS in the event of his failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of unused vacation time in any calendar year may be carried over into any succeeding calendar year; and (iii) The EMPLOYEE shall be entitled to annual sick leave as established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS. In the event that any sick leave time shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, years only to the extent authorized by the Boards of Directors of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leave.

Vacation and Sick Leave. The EMPLOYEE shall be entitled, without loss of pay, to be absent voluntarily from the performance of his duties under this AGREEMENT, subject to the following conditions: (i) The EMPLOYEE shall be entitled to an annual vacation in accordance with the policies periodically established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS, the duration of which shall not be less than four (4) weeks each calendar year; (ii) Vacation time shall be scheduled by the EMPLOYEE in a reasonable manner and shall be subject to approval by provide the Boards of Directors of the EMPLOYERSEMPLOYERS reasonable notice in advance of those dates during which he intends to take vacation time. The EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS in the event of his failure to take the full allotment of vacation time in any calendar year; provided, however, that a maximum of one week of unused vacation time in any calendar year may be carried over into any succeeding calendar year; and (iii) The EMPLOYEE shall be entitled to annual sick leave as established by the Boards of Directors of the EMPLOYERS for senior management officials of the EMPLOYERS. In the event that any sick leave time shall not have been used during any calendar year, such leave shall accrue to subsequent calendar years, years only to the extent authorized by the Boards of Directors of the EMPLOYERS. Upon termination of employment, the EMPLOYEE shall not be entitled to receive any additional compensation from the EMPLOYERS for unused sick leave.