Vacation, Personal, and Sick Leave. On the Closing Date, Buyer shall cause the Company and the Company Subsidiaries to: (i) assume all liabilities of Parent or any Affiliate of Parent with respect to any accrued but unused vacation time, personal time and sick leave of the employees of the Company and the Company Subsidiaries; and (ii) allow such employees to receive paid time off on or after the Closing Date for any unused vacation time, personal time or sick leave accrued prior to the Closing Date. On and after the Closing Date, Company and Company Subsidiary employees shall accrue vacation time, personal time and sick leave under the Buyer's policies or practices as then in effect. The full amount of the vacation time and personal time shall be a current liability as of the Closing Date for purposes of Adjusted Working Capital.
Vacation, Personal, and Sick Leave. Xx Xxxxxxxx shall be entitled to take three weeks of paid vacation during each year of this Agreement. Xx Xxxxxxxx shall be entitled on an annual basis to three (3) days of paid sick leave and three (3) days personal leave. Unused vacation time, sick leave and/or personal leave may not be carried over to subsequent years and will not be paid-out if not taken for any reason.
Vacation, Personal, and Sick Leave. Section 18.1 Rate of Accrual Employees will earn vacation, personal leave, and sick leave based on the number of hours worked in the pay period. Rate of Accrual
1. Annual rate of Accrual for full time status: Vacation 80 Hours Personal leave 40 Hours Sick Leave 80 Hours Vacation for employees with more than 6 years 120 Hours Vacation for employees with more than 12 years 140 Hours 2. Rate of Accrual per 80 hour pay period: Vacation 3.41 Hours Personal leave 1.7 Hours Sick Leave 3.41 Hours Vacation for employees with more than 6 years 5.1 Hours Vacation for employees with more than 12 years 6.8 Hours
Vacation, Personal, and Sick Leave. The Executive acknowledges and agrees that (i) prior to the commencement of the Second Employment Period, the Executive will have taken all vacation, personal and sick leave to which the Executive will have become entitled as of Xxxxx 00, 0000, (xx) the Executive will not accrue vacation, personal or sick leave during any portion of the Term following commencement of the Second Employment Period, and (iii) the Executive will not be entitled to any payment for accrued but unused vacation, personal or sick leave at any time, including upon termination of the Executive's employment with the Company.
Vacation, Personal, and Sick Leave. Pita shall be entitled to take three weeks of paid vacation during each year of this Agreement. Pita shall be entitled on an annual basis to three (3) days of paid sick leave and three (3) days personal leave. Unused vacation time, sick leave and/or personal leave may not be carried over to subsequent years and will not be paid-out if not taken for any reason.
Vacation, Personal, and Sick Leave. Zwexxxx xxall be entitled to take three weeks of pxxx xxxation during each year of employment. Zwerner will automatically be entitled to his firsx xxxxx weeks of vacation upon commencing employment with Supreme. Zwerner shall be entitled to three (3) days of paid xxxx leave and three (3) days of paid personal leave. Unused vacation time, sick leave and/or personal leave may not be carried over to subsequent years and will not be paid-out if not taken for any reason.
Vacation, Personal, and Sick Leave. Paid leave is available to the Superintendent when the following specific conditions are met: (1) the Superintendent is currently employed by the District and (2) the paid leave day is taken on a day Superintendent would otherwise be expected to be at work.
Vacation, Personal, and Sick Leave. Rate of Accrual Employees will earn vacation, personal leave, and sick leave based on the number of hours worked in the pay period.
Vacation, Personal, and Sick Leave. Employee shall be entitled to “Vacation” and “Personal Leave” during each calendar year as set forth in this Section 4.1 and as follows:.
Vacation, Personal, and Sick Leave. Page shall be entitled to take three weeks of paid vacation during each year of this Agreement. Page shall be entitled on annual basis to three (3) days of paid sick leave and three (3) days personal leave. Unused vacation time, sick leave and/or personal leave may not be carried over to subsequent years and will not be paid-out if not taken for any reason.