Professional Development Time. Executive shall be entitled to a period of fifteen (15) days per year (accrued fully at the beginning of each calendar year) of Professional Development Time to attend conventions or continuing education seminars or any other reason approved by the Board, in its reasonable discretion. There shall be a carryover of such time from year to year. However, no compensation shall be paid to Executive for any unused Professional Development Time upon termination of this Agreement.
Appears in 2 contracts
Sources: Employment Agreement (Kesselring Holding Corporation.), Employment Agreement (Kesselring Holding Corporation.)
Professional Development Time. Executive shall be entitled to a period of fifteen twenty (1520) days per year (accrued fully at the beginning of each calendar year) of Professional Development Time to attend conventions or continuing education seminars or any other reason approved by the Board, in its reasonable discretionCEO. There shall be a no carryover of such time from year to year. However, no No compensation shall be paid to Executive for any unused Professional Development Time upon termination of this Agreementemployment.
Appears in 1 contract
Sources: Employment Agreement (nFinanSe Inc.)