Common use of Vacation Time Clause in Contracts

Vacation Time. Executive shall be entitled to four (4) weeks paid vacation time per annum; provided, however, that all vacation time shall be pre-approved by the CEO, and Executive shall not be able to take vacation time at any time that would materially interfere with the business or operations of the Company. Executive shall not be permitted to carry over unused vacation time from year to year during the Employment Term, and unused vacation time shall not be paid out to Executive.

Appears in 4 contracts

Samples: Employment Agreement (Origin, Inc.), Employment Agreement (Origin, Inc.), Employment Agreement (Origin, Inc.)

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Vacation Time. The Executive shall be entitled to four (4) weeks paid vacation time and holidays per annumannum as is consistent with his position with the Company and the performance of his duties hereunder; provided, however, provided that all vacation time shall be pre-approved by the CEO, and Executive shall not be able to take vacation time at any time that would materially interfere with the business or operations of the Company. The Executive shall not be permitted entitled to carry over unused four (4) weeks of paid vacation time from year to year during the Employment Term, and unused vacation time shall not be paid out to Executivefor each twelve (12) months of employment.

Appears in 4 contracts

Samples: Executive Employment Agreement (Stratex Oil & Gas Holdings, Inc.), Executive Employment Agreement (Idle Media, Inc.), Executive Employment Agreement (Stratex Oil & Gas Holdings, Inc.)

Vacation Time. The Executive shall be entitled to four (4) weeks paid vacation time and holidays per annumannum as is consistent with his position with the Company and the performance of his duties hereunder; provided, however, provided that all vacation time shall be pre-approved by the CEO, and Executive shall not be able to take vacation time at any time that would materially interfere with the business or operations of the Company. The Executive shall not be permitted entitled to carry over unused three (3) weeks of paid vacation time from year to year during the Employment Term, and unused vacation time shall not be paid out to Executivefor each twelve (12) months of employment.

Appears in 4 contracts

Samples: Executive Employment Agreement (GrowGeneration Corp.), Executive Employment Agreement (GrowGeneration Corp.), Executive Employment Agreement (GrowGeneration Corp.)

Vacation Time. The Executive shall be entitled to four (4) weeks paid vacation time and holidays per annumannum to be administered in accordance with the Company’s policies governing the same; provided, however, that all vacation time shall be pre-approved by the CEO, and Executive shall not be able to take vacation time at any time that would materially interfere with the business or operations of the Company. Executive shall not be permitted to carry over unused vacation time from year to year during the Employment Term, and unused vacation time shall not be paid out to Executive.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement (HedgePath Pharmaceuticals, Inc.), Employment Agreement (HedgePath Pharmaceuticals, Inc.)

Vacation Time. The Executive shall be entitled to four (4) weeks paid vacation time and holidays per annum; provided, however, annum as is consistent with his position with the Company and the performance of his duties hereunder: provided that all vacation time shall be pre-approved by the CEO, and Executive shall not be able to take vacation time at any time that would materially interfere with the business or operations of the Company. The Executive shall not be permitted entitled to carry over unused four (4) weeks of paid vacation time from year to year during the Employment Term, and unused vacation time shall not be paid out to Executivefor each twelve (12) months of employment.

Appears in 2 contracts

Samples: Executive Employment Agreement (GrowGeneration Corp.), Executive Employment Agreement (GrowGeneration Corp.)

Vacation Time. The Executive shall be entitled to four (4) weeks paid vacation time and holidays per annumannum as is consistent with his position with the Company and the performance of his duties hereunder; provided, however, provided that all vacation time shall be pre-approved by the CEO, and Executive shall not be able to take vacation time at any time that would materially interfere with the business or operations of the Company. The Executive shall not be permitted entitled to carry over unused three (3) weeks of paid vacation time from year for each twelve (12) months of employment. The timing is subject to year during the Employment Term, and unused vacation time shall not be paid out to Executiveapproval of the CEO.

Appears in 2 contracts

Samples: Executive Employment Agreement (GrowGeneration Corp.), Executive Employment Agreement (GrowGeneration Corp.)

Vacation Time. Executive shall be entitled to four (4) weeks paid vacation time per annum; provided, however, that all vacation time shall be pre-approved by the CMO or CEO, and Executive shall not be able to take vacation time at any time that would materially interfere with the business or operations of the Company. Executive shall not be permitted to carry over unused vacation time from year to year during the Employment Term, and unused vacation time shall not be paid out to Executive.

Appears in 1 contract

Samples: Employment Agreement (Origin, Inc.)

Vacation Time. The Executive shall be entitled to four (4) weeks paid vacation time and holidays per annum; provided, however, annum as is consistent with his position with the Company and the performance of his duties hereunder: provided that all vacation time shall be pre-approved by the CEO, and Executive shall not be able to take vacation time at any time that would materially interfere with the business or operations of the Company. The Executive shall not be permitted entitled to carry over unused three (3) weeks of paid vacation time from year for each twelve (12) months of employment. The timing is subject to year during the Employment Term, and unused vacation time shall not be paid out to Executiveapproval of the CEO.

Appears in 1 contract

Samples: Executive Employment Agreement (GrowGeneration Corp.)

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Vacation Time. Executive shall be entitled to four (4) weeks paid vacation time and holidays per annum; provided, however, that all vacation time shall be pre-approved by the CEO, and Executive shall not be able to take vacation time at any time that would materially interfere with the business or operations of the Company. Executive shall not be permitted to carry over unused vacation time from year to year during the Employment Term, and unused vacation time shall not be paid out to Executive.

Appears in 1 contract

Samples: Employment Agreement (Origin, Inc.)

Vacation Time. The Executive shall be entitled to four (4) weeks paid vacation time and holidays per annum; provided, however, annum as is consistent with his position with the Company and the performance of his duties hereunder: provided that all vacation time shall be pre-approved by the CEO, and Executive shall not be able to take vacation time at any time that would materially interfere with the business or operations of the Company. The Executive shall not be permitted entitled to carry over unused four (4) weeks of paid vacation time from year for each twelve (12) months of employment. The timing is subject to year during the Employment Term, and unused vacation time shall not be paid out to Executiveapproval of the CEO.

Appears in 1 contract

Samples: Executive Employment Agreement (GrowGeneration Corp.)

Vacation Time. Executive shall be entitled to four five (45) weeks paid vacation time per annum; provided, however, that all vacation time shall be pre-approved by the CEO, and Executive shall not be able to take vacation time at any time that would materially interfere with the business or operations of the Company. Executive shall not be permitted to carry over two weeks of unused vacation time from year to year during the Employment Term, and unused . Unused vacation time shall not be paid out to Executive.

Appears in 1 contract

Samples: Employment Agreement (PARETEUM Corp)

Vacation Time. The Executive shall be entitled to four (4) weeks paid vacation time per annum; provided, however, that all vacation time shall be pre-approved by the CEO, and Executive shall not be able to take vacation time at any time that would materially interfere with the business or operations of the Company. Executive shall not be permitted to carry over unused vacation time from year to year during the Employment Term, Company and unused vacation time shall during a year may not be rolled over into the next year or paid out in cash or any other kind and therefore shall be forfeited without any compensation. Other terms of the Executive’s vacation shall be subject to Executivethe Company’s vacation policy, which may be amended from time to time.

Appears in 1 contract

Samples: Employment Agreement (Document Security Systems Inc)

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