Vacations, Holidays and Leave Time Sample Clauses

Vacations, Holidays and Leave Time. The Superintendent shall be entitled to twenty-five days of vacation, with no more than 10 days to be carried over to the following year. The Superintendent may elect to be paid out, based on the per diem rate of his current salary, for no more than 10 unused vacation days per year. The Board shall be notified of the number of unused vacation days each year. Upon retirement or severance from the District, Superintendent shall be entitled to the payout of any accumulated vacation days based on a per diem rate of his current salary ÷ 260 days. A. Vacations & Holidays. Holidays are as follows: July 4; Labor Day; Thanksgiving Day; Friday following Thanksgiving Day; December 24, 25, 26, 31; January 1; Good Friday; Memorial Day NOTE: Holidays which fall on Saturday or Sunday shall be observed on Friday or Monday, respectively, provided that school is not in session. B. Leave Time i. Superintendent shall be entitled to fourteen (14) annual sick days, six (6) of which may be used for personal leave. Any unused sick days shall accumulate with no limit. ii. Should the Superintendent be unable to perform any or all of his duties by reason of illness, accident, or other cause beyond his control and has exhausted his sick leave, the District may grant up to a maximum of thirty (30) additional days per year for extenuating circumstances. If the illness or disability does not qualify for long term disability, the District may in its discretion make a proportionate deduction from the salary stipulated. In the event an illness or disability qualifies for LTD, the number of days needed to qualify for LTD shall be granted.
Sample 1
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Vacations, Holidays and Leave Time. The Superintendent shall be entitled to twenty-five days of vacation, with no more than 10 days to be carried over to the following year. The Superintendent may elect to be paid out, based on the per diem rate of his current salary, for no more than 10 unused vacation days per year. The Board shall be notified of the number of unused vacation days each year. Upon retirement or severance from the District, Superintendent shall be entitled to the payout of any accumulated vacation days based on a per diem rate of his current salary  260 days.
Sample 1

Related to Vacations, Holidays and Leave Time

  • 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.

  • Vacation; Holidays The Executive shall be entitled to all public holidays observed by the Company and vacation days in accordance with the applicable vacation policies for senior executives of the Company, which shall be taken at a reasonable time or times.

  • 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. b. In addition to paid vacations and other leave, the Board may grant Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board, in its discretion, may determine.

  • 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.

  • Holidays and Vacation A) Employee shall be paid for the following seven (7) holidays: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and the day after Thanksgiving, and Christmas Day and all other holidays for Employees of the Company as approved by the Chief Executive Officer or Board of Directors.

  • 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.

  • 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.

  • 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.

  • Vacation and Leave a. The Executive shall be entitled to vacation and other leave in accordance with policy for senior executives, or otherwise as approved by the Board. b. In addition to paid vacation and other leave, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may in its discretion determine. Further, the Board may grant to the Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board in its discretion may determine.

  • Vacation and Sick Leave During the Term, Executive shall be entitled to (a) sick leave in accordance with the Company’s policies applicable to similarly situated executive officers of the Company from time to time and (b) 4 weeks paid vacation each calendar year (up to 40 hours of which may be carried forward to a succeeding year).

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