Leaves of Absence/Transfer Between Locations Clause Example from Business Contracts

This example Leaves of Absence/Transfer Between Locations clause appears in 4 contracts from 3 companies

Leaves of Absence/Transfer Between Locations. Unless the Administrator provides otherwise or as required by Applicable Laws, vesting of Awards will be suspended during any unpaid leave of absence. An Employee will not cease to be an Employee in the case of (i) any leave of absence approved by the Company or (ii) transfers between locations of the Company or between the Company, its Parent, or any Subsidiary.