Common use of Vacation; Illness Clause in Contracts

Vacation; Illness. Executive shall be entitled to the number of weeks of vacation per year provided to the Company’s senior executive officers, but in no event less than three (3) weeks annually. Executive shall be entitled to take up to 30 days of sick leave per year; provided, however, that any prolonged illness resulting in absenteeism greater than the sick leave permitted herein or disability shall not constitute “Cause” for termination under the terms of this Agreement.

Appears in 8 contracts

Samples: Employment Agreement (Equity One, Inc.), Employment Agreement (Equity One, Inc.), Employment Agreement (Equity One, Inc.)

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Vacation; Illness. Executive shall be entitled to the number of weeks of vacation per year provided to the Company’s other senior executive officers, but in no event less than three four (34) weeks annually. In all other respects, the Company’s vacation policy shall apply to vacation time on terms no less favorable than those applied to the Company’s other senior executive officers, including with respect to a cap on accrued but unused vacation time. Executive shall be entitled to take up to 30 days of sick leave per year; provided, however, that any prolonged illness resulting in absenteeism greater than the sick leave permitted herein or disability shall not constitute “Cause” for termination under the terms of this Agreement.

Appears in 5 contracts

Samples: Employment Agreement (Equity One, Inc.), Employment Agreement (Equity One, Inc.), Employment Agreement (Equity One, Inc.)

Vacation; Illness. Executive shall be entitled to the number of weeks of vacation per year provided to the Company’s other senior executive officersofficers (exclusive of its Chief Executive Officer and its Chairman), but in no event less than three (3) weeks annually. Executive shall be entitled to take up to 30 days of sick leave per year; provided, however, that any prolonged illness resulting in absenteeism greater than the sick leave permitted herein or disability shall not constitute “Cause” for termination under the terms of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Equity One, Inc.), Employment Agreement (Equity One, Inc.), Employment Agreement (Equity One, Inc.)

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Vacation; Illness. Executive shall be entitled to the number of weeks of vacation per year provided to the Company’s other senior executive officers, but in no event less than three (3) weeks annually. Executive shall be entitled to take up to 30 days of sick leave per year; provided, however, that any prolonged illness resulting in absenteeism greater than the sick leave permitted herein or disability shall not constitute “Cause” for termination under the terms of this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Equity One, Inc.)

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