The "Annual Vacation" clause outlines the entitlement of employees to a specified number of vacation days each year, during which they continue to receive regular compensation. It typically includes provisions on how vacation time is accrued, the process for scheduling, and any limitations on carrying over unused days to subsequent years.
Annual Vacation - Executive shall be entitled to paid vacation days during each year of Executive’s employment in the amount per applicable law (the “Annual Vacation Allowance”). Notwithstanding the above, the Company will allow the Executive to take vacation days exceeding the Annual Vacation Allowance (the “Additional Vacation Days”) and will allow Executive to enter into a negative accrual of vacation days which will be deleted at the end of each calendar year. The Employee shall not be allowed to carry over vacation days from one year to another, and, unless otherwise prescribed by law, any unused vacation days, including, without limitation, the Annual Vacation Allowance and the Additional Vacation Days, shall be forfeited and shall not be redeemed upon termination of employment.
Annual Vacation Annual Vacation Quota 23 working days per year of employment, and in any event no less than the minimum under applicable law; Maximum Vacation Quota 30 working days
Annual Vacation. The Annual Vacation Quota is defined for each full year of employment. Without derogating from the Company’s right to set unified vacation for its employees, the vacation shall be coordinated with the Supervisor and is subject to the Company’s approval and its business needs. The Executive will make every effort to exercise his/her Annual Vacation Quota, and in any event is required to utilize at least five (5) paid vacation days during each year of employment. If the Executive is unable to utilize the entire Annual Vacation Quota by the end of any year of employment, the Executive shall be entitled to accumulate the unused balance of the Annual Vacation Quota up to the Maximum Vacation Quota. For the avoidance of doubt, any unused vacation days in excess of the Maximum Vacation Quota shall be forfeited with no advance notice nor compensation payable, at the end of each year of employment.
Vacation. Subject to the provision of the Annual Vacation Law-1951 (the “Annual Vacation Law”), the Employee shall be entitled to the number of paid Annual Vacation Days as set forth in Exhibit A hereto, which shall be taken in accordance with the Company’s policy and subject to prior approval by the Supervising Officer. The Annual Vacation Days may be accrued and redeemed through the immediately succeeding year (the “Accrual Period”), in accordance with the Annual Vacation Law.
Vacation Time, Holidays, and Sick Leave: Company provides an annual vacation entitlement of 10 days, calculated on a monthly basis; with an increase to 12 days upon completion of two years of service and 15 days upon completion of five years and 20 days upon completion of 10 years of service subject to maximum caps as outlined in the Employee Handbook. In addition to this annual vacation accrual, Company grants 7 days of sick leave and standard paid holidays as announced each year.
Vacation 10.1 The Executive shall be entitled to 16 business days of paid vacation each year (“Annual Vacation”). 10.2 It is hereby expressed that the Executive must make every effort to exercise his Annual Vacation; however, if he/she is unable to utilize all the vacation days, the Executive shall be entitled to accumulate the unused balance of the vacation days standing to his credit up to a ceiling of double the number of the Annual Vacation (the “Ceiling”), provided that the Executive takes at least seven consecutive annual working days vacation. If the Executive accumulates vacation days exceeding the Ceiling, the balance shall be deleted. - 5 - 10.3 The Company may instruct the Executive to use his Annual Vacation, in the event that Company employees are sent by the Company on an organized vacation.
Vacation: (i) The Employee’s annual vacation entitlement shall be 21 days per annum (“Annual Vacation”). This is in addition to other holidays normally observed by the Employer, including but not limited to all statutory and observed holidays if any. The Employee’s paid vacation entitlement will be adjusted as per the Employer’s vacation policy which may be amended from time to time;
Holidays and Annual Vacation Leave. Mr. Prabodh shall be entitled to all public holidays in the country/territories where he is located at the time, in addition, to annual vacation leave which shall accrue on a pro rata basis during the Contract term at the rate of fourteen (14) days per annum which vacation and/or personal day(s) shall be taken by him at such time or times as are consistent with the needs of the business of SEATech.
Annual Vacation: Employee shall be entitled to paid annual vacation days as detailed in Annex A, for each year of employment with the Company. Employee shall use each year at least 7 consecutive vacation days (including Friday-Saturday). Employee may accumulate vacation days and carry them forward provided that at any given time the Employee shall not be entitled to carry forward any more than the annual vacation allowance to the next year. Notwithstanding, any unused vacation days exceeding the annual vacation allowance shall be forfeited. The dates of the Employee’s vacation shall be determined by the Company, at its own discretion, in accordance with the Company’s needs, and to the extent possible, taking into consideration the Employee’s request. The Company shall be entitled to set uniform dates for vacation for all or part of its employees, with respect to all or any part of the vacation days, as it shall deem fit.
28 calendar days of annual vacation leave in each year, in addition to the national holidays of the Republic of Kazakhstan declared as public holidays. Additionally, he is entitled to 2 days of paid leave if he has used 28 guaranteed vacation leave days; 5.receive annual vacation leave in two months after signing this Agreement in proportion to the time worked. Subsequent annual leave is taken at such times as may be most appropriate for the Board of Directors: if the Chairman of the Board of Directors wishes to take vacation leave, the Chairman of the Board of Directors must give the Company represented by its Chief Executive Officer at least ten (10) Business Days prior written notice, the Company pays the vacation leave allowance no later than five (5) Business Days before the vacation leave; annual vacation leave may be cut short by the Company only with the written consent of the Chairman of the Board of Directors; by agreement of the Parties hereto, the unused part of the paid annual leave is provided during the current year or in the next working years at any time, and a part of the unused paid annual leave, due to the cut short, is added to the paid annual leave for the following working years; at the request of the Chairman of the Board of Directors, he may be granted unpaid leave for the duration determined by agreement of the Parties; upon termination of this Agreement, the Chairman of the Board of Directors is entitled to a payment in lieu of unused days of the vacation leave.
Vacation Days – The Company shall provide you with a total of ___ annual vacation days (your “Vacation Allotment”), which includes the vacation days which you are entitled to receive under law. A portion of your annual vacation shall be exercised during initiated/joined vacations of the Company, as shall be determined by the Company’s management from time to time. The Company encourages and expects its employees to utilize their Vacation Allotment. You must use at least five (5) vacation days each year and the remainder may be accumulated each year for a maximum of two years accrual. Any accrual in excess of two annual Vacation Allotments will automatically be voided, and you will not be entitled to redeem these days for payment. Although we will monitor compliance with the Company’s vacation policy, we expect you to act responsibly in using your vacation days after coordinating your vacation with your supervisor.
Vacation Time: You will be entitled to 4 weeks annual vacation plus all statutory US holidays.
An annual vacation allotment of four weeks, subject to future increases based on length of service. For your first year, the vacation allotment will be prorated based on your date of hire. In addition, Pacific Gas and Electric Company recognizes ten paid company holidays annually and provides three floating holidays immediately upon hire. Sick time accrues annually upon hire at eight hours a month with a maximum of 96 hours.
VACATION TIME: The Employee shall be entitled during each year of her employment, pursuant to this Agreement, to an annual vacation leave of three (3) weeks at full salary. No more than two (2) weeks may be taken consecutively and no more than one (1) week may be taken during summer prime time. (In compliance with company policy, no more than a total of six (6) weeks may be accrued.)
Three weeks of annual vacation with no carryover: You will earn one additional vacation day for every year of service at PaySimple.
An annual vacation refers to a designated period of time granted to employees for rest and relaxation, typically with pay, as part of their employment benefits. It allows employees to take an extended break from work duties, promoting work-life balance and personal well-being. Annual vacations are often specified as a number of days or weeks per year, accruing over time or granted in full at the start of each employment year.
Employees should use their annual vacation to recharge and rejuvenate, ensuring they return to work with renewed energy and focus. It is advisable to plan and request vacation time in advance, considering the needs of the business or team to minimize disruptions. Typically, annual vacations are taken over contiguous days or weeks, but splitting the time into smaller increments can be arranged if agreed upon by both the employer and employee.
When writing an annual vacation request, ensure it’s clear, concise, and considerate of workplace protocols. Here is an example:
Subject: Vacation Request for [Your Name]
Dear [Manager’s Name],
I am writing to formally request annual vacation time from [start date] to [end date]. During this period, I have ensured all my duties and responsibilities will be covered by [colleague’s name] or completed in advance. This time off will help me recharge and return to work with greater efficiency.
Please let me know if you require any further information or if there are any concerns with the proposed dates.
Thank you for your consideration.
Best regards,
[Your Name]
Annual vacation clauses are typically included in employment contracts, collective bargaining agreements, and employee handbooks. They outline the details regarding the amount of vacation time allocated, the accrual method, conditions for approval, and any carryover provisions. Ensuring this clause is detailed helps protect both the employer’s operational needs and the employee’s rights to rest and leisure.
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