Common use of Vacation/PTO Clause in Contracts

Vacation/PTO. During the Term, Executive shall be entitled to paid vacation/personal time off in accordance with the Company’s Policies. Any vacation shall be taken at the reasonable and mutual convenience of the Company and Executive.

Appears in 3 contracts

Sources: Employment Agreement (Sorrento Therapeutics, Inc.), Employment Agreement (Sorrento Therapeutics, Inc.), Employment Agreement (Sorrento Therapeutics, Inc.)

Vacation/PTO. During the Term, Executive shall be entitled to paid vacation/personal time off in accordance with the Company’s PoliciesPolicies for senior level executives, but not less than four (4) weeks of paid vacation per calendar year. Any vacation shall be taken at the reasonable and mutual convenience of the Company and Executive.

Appears in 1 contract

Sources: Employment Agreement (Sorrento Therapeutics, Inc.)