Flexible Time Off definition

Flexible Time Off. ("FTO") commensurate with a "Grade I" Executive, as described in Employer's EXECUTIVE HANDBOOK.
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Flexible Time Off policy (your “PTO Balance”) as set forth in the PTO Balance Acknowledgement Form attached and fully incorporated by reference for the purposes hereto as Exhibit E, and as further required by Section 4.3(b) in the Employment Agreement, and do so as a lump-sum payment, subject to standard payroll deductions and withholdings. You understand and agree that other than this PTO Balance the Company owes you no other compensation for vacation or other paid time off during your employment period. You are entitled to the payments covered by this Section 2 regardless of whether or not you sign this Agreement.
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Flexible Time Off policy (your “PTO Balance”) as set forth in the PTO Balance Acknowledgement Form attached and fully incorporated by reference for the purposes hereto as Exhibit E, and as further required by Section 4.3(b) in the Employment Agreement, and do so as a lump-sum payment, subject to standard payroll deductions and withholdings, unless requested by you in writing to the Company be paid earlier, in which the Company shall make the payment of the PTO Balance on the Company’s next regularly scheduled payroll date following such request. You understand and agree that other than this PTO Balance the Company owes you no other compensation for vacation or other paid time off during your employment period. You are entitled to the payments covered by this Section 2 regardless of whether or not you sign this Agreement.
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Examples of Flexible Time Off in a sentence

  • Flexible Time Off shall be taken with due consideration for the services required of Employee and to the requirements of Company.

  • Employee shall also be entitled to paid time off in accordance with Company's then-current Flexible Time Off (FTO) program.

  • Employee shall also be entitled to paid time off in accordance with Company's then current Flexible Time Off (FTO) program.

  • Flexible Time Off will not accrue or vest and therefore will not be paid out at the time of separation of employment.

  • Notwithstanding the foregoing, earned Flexible Time Off ("FTO") shall stop accruing and/or being earned as of the Date of Termination and all contributions to the Company's 401K and "cafeteria" benefit plan shall stop as of the Date of Termination.

  • During the terms hereof, Employer agrees to pay all compensation, benefits, allowances, deferred compensation and Flexible Time Off due to Employee as set forth herein.

  • Executive shall be entitled each year to "Flexible Time Off" ("FTO") commensurate with a "Grade I" Executive, as described in Employer's EXECUTIVE HANDBOOK.

  • In accordance with Enfusion’s Flexible Time Off policy, which may be amended from time to time, Employee is entitled to Flexible Time Off as needed each calendar year.

  • The City computerized payroll system is the official record for Flexible Time Off, Extended Medical Benefit, and Personal Conversion Account balances.

  • Additionally, Flexible Time Off (FTO) will accrue at the rate of 4.31 hours upon the completion of each pay period in which you are employed as Chief Executive Officer.