Vacation Personal Leave Days Sample Clauses

Vacation Personal Leave Days. During the Term, the Executive shall be entitled to 20 days per calendar year of paid vacation and/or paid personal leave. The Executive’s vacation/personal leave day entitlement shall be prorated for 2014. The Executive shall also be entitled to paid sick leave as provided in the Company’s human resources policies for senior executives and to the same paid holidays granted to other executives in the Company’s Denver office.
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Vacation Personal Leave Days. 14.1 Vacation‌ Paid vacation entitlement is earned from January 1st to December 31st. Vacations may be taken at any time during the calendar year in accordance with processes jointly developed at each site to ensure fair and equitable distribution. The Company will not unreasonably deny vacation requests, provided that the scheduling is arranged to suit Company work schedules. Vacation requests for the year will be submitted by February 28th, and Management will confirm approval within thirty (30) days. Vacation is credited to each employee at the start of each calendar year and is based on years of service: • Three (3) weeks on hire (one hundred and twenty [120] hours at his/her regular straight- time rate) • Four (4) weeks in the year in which an employee completes seven (7) years of service (one hundred and sixty [160] hours at his/her regular straight-time rate) • Five (5) weeks in the year in which an employee completes seventeen (17) years of service (two hundred [200] hours at his/her regular straight-time rate) The employee will be provided the greater of the value of their vacation time at their straight time rate, payable at time of taking vacation, or the value of the vacation pay outlined under the Employment Standards Act, which will be calculated and paid where applicable, in the first quarter of the following year. Notwithstanding the foregoing, said vacation is credited based on the understanding the employee will earn said vacation by continuing to work throughout the calendar year; in the event the employee’s employment is terminated for any reason during the calendar year, the Company shall deduct from final pay the value of any taken, but yet unearned, vacation. Employees who start during the year will be provided a pro-rated number of hours, based on the foregoing principles. Part-time employees will be paid out vacation bi-weekly based on years of service. • From date of hire – six percent (6%) of normal bi-weekly pay • In the year in which an employee completes seven (7) years of service – eight percent (8%) of normal bi-weekly pay Temporary Employees and Summer / Coop Students – vacation pay of four percent (4%) and vacation time-off in accordance with the Employment Standards Act. An employee may carry over vacation as per Company policy (which is currently eighty [80] hours). It is recognized that interruption or cancellation of scheduled vacation can create significant disruption to family life. It is agreed that all reasonable e...
Sample 1
Vacation Personal Leave Days 
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Related to Vacation Personal Leave Days

  • Personal Leave Written request for a personal leave of absence without pay will be considered on an individual basis by the Hospital. Such requests are to be submitted to the employee's immediate supervisor at least four (4) weeks in advance, unless not reasonably possible to give such notice, and a written reply will be given within fourteen (14) days except in cases of emergency in which case a reply will be given as soon as possible. Employees needing personal leave days for appointments with medical practitioners may utilize the personal leave language. Such leave shall not be unreasonably withheld.

  • Vacation; Leave A part-time employee shall earn vacation leave credits for each month in which the employee receives pay for at least twice the number of hours in the employee’s normal workweek, at the rate for years of service established in clause 34.02 of this Agreement, prorated and calculated as follows:

  • Personal Time Off Executive shall be entitled to paid time off in accordance with the Company’s policies applicable to executives.

  • Annual Leave (a) An employee may elect with the consent of the employer, subject to the Annual Xxxxxxxx Xxx 0000, to take annual leave not exceeding five days in single day periods or part thereof, in any calendar year at a time or times agreed by the parties.

  • Vacation, Holidays and Sick Leave During the Term, the Executive shall be entitled to paid vacation, paid holidays and sick leave in accordance with the Company's standard policies for its senior executive officers.

  • Vacations and Sick Leave The Executive shall be entitled to paid annual vacation leave in accordance with the policies as established from time to time by the Board of Directors, which shall in no event be less than four weeks per annum. The Executive shall also be entitled to an annual sick leave benefit as established by the Board for senior management employees of the Bank. The Executive shall not be entitled to receive any additional compensation from the Bank for failure to take a vacation or sick leave, nor shall he be able to accumulate unused vacation or sick leave from one year to the next; provided, however, such Executive may carry forward from year to year a maximum of ten days of unused vacation leave.

  • Vacations; Leave The Employee shall be entitled to annual paid vacation in accordance with the policies established by the Board of Directors for executive employees and to voluntary leave of absence, with or without pay, from time to time at such times and upon such conditions as the Board of Directors may determine in its discretion.

  • Vacations and Leave a. Executive may take vacations and other leave in accordance with the Bank’s policy for senior executives, or otherwise as approved by the Board.

  • Vacation; Sick Leave During the Employment Term, the Executive shall be entitled to not less than four (4) weeks of vacation during each calendar year and sick leave in accordance with the Company’s policies and practices with respect to its executives.

  • Vacation, Sick Leave and Holidays Executive shall be entitled to four (4) weeks (28 business days) of vacation, and also sick leave and holidays at full pay in accordance with the Company’s policies established and in effect from time to time.

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