Restrictions of Use of Paid Time Off While On Voluntary Time Off Sample Clauses

Restrictions of Use of Paid Time Off While On Voluntary Time Off. (1) All voluntary unpaid time off granted pursuant to this section shall be without pay. (2) Employees granted voluntary unpaid time off are precluded from using sick leave with pay credits, vacation credits, compensatory time off credits, floating holidays, training days or any other form of pay for the time period involved.
Restrictions of Use of Paid Time Off While On Voluntary Time Off. All voluntary unpaid time off granted pursuant to this section shall be without pay.

Related to Restrictions of Use of Paid Time Off While On Voluntary Time Off

  • Paid Time Off (PTO) During the Term, the Executive shall be entitled to four (4) weeks of vacation per calendar year, to be taken at such times and intervals as shall be determined by the Executive, subject to the reasonable business needs of the Company. The Executive may not accumulate or carry over from one (1) calendar year to another any unused, accrued vacation time. The Executive shall not be entitled to compensation for vacation time not taken. In addition, the Executive shall be entitled to five (5) days of emergency/medical PTO per calendar year.