Leave of Absence Contract Clauses (141)

Grouped Into 8 Collections of Similar Clauses From Business Contracts

This page contains Leave of Absence clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Leave of Absence. With respect to the Award, the Company may, in its sole discretion, determine that if you are on leave of absence for any reason you will be considered to still be in the employ of, or providing services for, the Company, provided that rights to the Restricted Stock Units during a leave of absence will be limited to the extent to which those rights were earned or vested when the leave of absence began.
Found in TRECORA RESOURCES contract
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Leave of Absence. With respect to the Award, the Company may, in its sole discretion, determine that if you are on leave of absence for any reason you will be considered to still be in the employ of, or providing services for, of the Company, provided that that, except as set forth in Section 2(b), rights to the Restricted Stock Units and Cash Grant during a leave of absence will be limited to the extent to which those rights were earned or vested when the leave of absence began.
Found in W&T OFFSHORE INC contract
Leave of Absence. With respect to the Award, the Company may, in its sole discretion, determine that if you are on leave of absence for any reason you will shall be considered to still be in the employ of, or providing services for, the Company, Service; provided that rights to the Restricted Stock Units RSUs during a leave of absence will shall be limited to the extent to which those rights were earned or vested when the leave of absence began.
Found in FIRST UNITED CORP contract
Leave of Absence. With Subject to Section 409A of the Code, with respect to the Award, the Company may, in its sole discretion, determine that if you are on an approved leave of absence for any reason you will be considered to still be in the employ of, or providing services for, the Company, provided that rights to the Restricted Stock Units during a leave of absence will be limited to the extent to which those rights were earned or vested when the leave of absence began.
Found in Energy XXI Gulf Coast, Inc. contract
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Leave of Absence. For purposes of the Award, Service does not terminate when Employee goes on a bona fide employee leave of absence that was approved by the Company or an Affiliate in writing, if the terms of the leave provide for continued Service crediting, or when continued Service crediting is required by applicable law. However, Service will be treated as terminating 90 days after Employee went on the approved leave, unless Employee's right to return to active work is guaranteed by law or by a contract. Serv...ice terminates in any event when the approved leave ends unless Employee immediately returns to active Service. The Committee determines, in its sole discretion, which leaves of absence count for this purpose, and when Service terminates for all purposes under the Plan. View More
Found in M.D.C. Holdings, Inc. contract
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Leave of Absence. For purposes of the Award, Restricted Stock Units, Service does not terminate when Employee Grantee goes on a bona fide employee leave of absence that was approved by the Company or an Affiliate affiliate in writing, if the terms of the leave provide for continued Service crediting, or when continued Service crediting is required by applicable law. However, Service will be treated as terminating 90 days after Employee Grantee went on the approved leave, unless Employee's Grantee's right to retur...n to active work is guaranteed by law or by a contract. Service terminates in any event when the approved leave ends unless Employee Grantee immediately returns to active Service. The Compensation Committee determines, in its sole discretion, which leaves of absence count for this purpose, and when Service terminates for all purposes under the Plan. View More
Found in LIGHTBRIDGE Corp contract
Leave of Absence. For purposes of the Award, Restricted Stock and Additional Shares, Service does not terminate when Employee Grantee goes on a bona fide employee leave of absence that was approved by the Company or an Affiliate in writing, if the terms of the leave provide for continued Service crediting, or when continued Service crediting is required by applicable law. However, Service will be treated as terminating 90 days after Employee Grantee went on the approved leave, unless Employee's Grantee's right to... return to active work is guaranteed by law or by a contract. Service terminates in any event when the approved leave ends unless Employee Grantee immediately returns to active Service. The Committee determines, in its sole discretion, which leaves of absence count for this purpose, and when Service terminates for all purposes under the Plan. View More
Found in National CineMedia, LLC contract
Leave of Absence. For purposes of the Award, Restricted Stock, Service does not terminate when Employee Grantee goes on a bona fide employee leave of absence that was approved by the Company or an Affiliate in writing, if the terms of the leave provide for continued Service crediting, or when continued Service crediting is required by applicable law. However, Service will be treated as terminating 90 days after Employee Grantee went on the approved leave, unless Employee's Grantee's right to return to active work... is guaranteed by law or by a contract. Service terminates in any event when the approved leave ends unless Employee Grantee immediately returns to active Service. The Committee determines, in its sole discretion, which leaves of absence count for this purpose, and when Service terminates for all purposes under the Plan. View More
Found in National CineMedia, Inc. contract
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Leave of Absence. Unless otherwise determined by the Administrator, the following provisions shall apply in the case of an authorized leave of absence by Participant: (a) Subject to Applicable Laws and the terms of a written employment agreement, if any, between the Participant and the Company or a Subsidiary, no Restricted Stock Units subject to this Award shall vest after the 120th day of the leave of absence. If Applicable Laws or the terms of a written employment agreement, if any, between the Participant and... the Company or a Subsidiary provide for a later date upon which vesting may cease, then no Restricted Stock Units subject to this Award shall vest upon the earliest date possible under Applicable Laws or the employment agreement. (b) If vesting has ceased under Section 5(a) and Participant subsequently returns to active Service, vesting of the Restricted Stock Units subject to this Award shall resume on the 15th day of the month following the date on which Participant returns to active Service (for the avoidance of any doubt, the Participant shall not accrue vesting credit during the period between the date that the Participant ceased vesting and the date that vesting resumes after the Participant's return to active Service as set forth in this Section 5(b)). View More
Found in LOGITECH INTERNATIONAL SA contract
Leave of Absence. Unless otherwise determined by the Administrator, the following provisions shall apply in the case of an authorized leave of absence by Participant: 2 (a) Subject to Applicable Laws and the terms of a written employment agreement, if any, between the Participant and the Company or a Subsidiary, no additional Restricted Stock Units subject to this Award shall vest after the 120th day of the leave of absence. If Applicable Laws or the terms of a written employment agreement, if any, between the Pa...rticipant and the Company or a Subsidiary provide for a later date upon which vesting may cease, then no additional Restricted Stock Units subject to this Award shall vest upon the earliest date possible under Applicable Laws or the employment agreement. (b) If vesting has ceased under Section 5(a) and Participant subsequently returns to active Service, vesting of the additional Restricted Stock Units subject to this Award shall resume on the 15th day of the month following the date on which Participant returns to active Service (for the avoidance of any doubt, the Participant shall not accrue vesting credit during the period between the date that the Participant ceased vesting and the date that vesting resumes after the upon Participant's return to active Service as set forth in this Section 5(b)). Service. View More
Found in LOGITECH INTERNATIONAL SA contract
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Leave of Absence. The vesting of Restricted Stock Units will not be suspended and will continue in accordance with the vesting schedule under this Agreement during Participant's authorized leave of absence from the Company, or the Parent or Subsidiary employing Participant, subject to the remaining terms of this Agreement and the Plan. 8 13. Binding Agreement. Subject to the limitation on the transferability of this grant contained herein, this Agreement will be binding upon and inure to the benefit of the heirs,... legatees, legal representatives, successors and assigns of the parties hereto. View More
Found in NetApp contract
Leave of Absence. The vesting of Restricted Stock Units will not be suspended and will continue in accordance with the vesting schedule under this Agreement during Participant's authorized leave of absence from the Company, Corporation, or the Parent or Subsidiary employing Participant, subject to the remaining terms of this Agreement and the Plan. 8 Exhibit 10.2 13. Binding Agreement. Subject to the limitation on the transferability of this grant contained herein, this Agreement will be binding upon and inure to... the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto. View More
Found in NetApp contract
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Leave of Absence. The vesting of Restricted Stock Units will not be suspended and will continue in accordance with the vesting schedule under this Agreement during Participant's authorized leave of absence from the Company, or the Parent or Subsidiary employing Participant, subject to the remaining terms of this Agreement and the Plan.
Found in NetApp contract
Leave of Absence. The vesting of Restricted Stock Units will not be suspended and will continue in accordance with the vesting schedule under this Award Agreement during Participant's authorized leave of absence from the Company, or the Parent or Subsidiary any Service Recipient employing Participant, subject to the remaining terms of this Award Agreement and the Plan.
Found in NetApp contract
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Leave of Absence. Unless otherwise required by law, in the event you have an authorized leave of absence at any time during the Measurement Period which absence extends beyond three full calendar months (including any absence that began before the Grant Date), your PSU payout will be prorated based on the number of full and partial months spent on the active payroll (beginning with the first full calendar month after the Grant Date). Payout for the award will be made at the same time as payment would have been ma...de without regard to any leave of absence, and will in all respects be subject to the Company's actual Relative Total Shareholder Return achievement for the full Measurement Period. View More
Found in Magellan Health, Inc. contract
Leave of Absence. Unless otherwise required by law, in the event you have an authorized leave of absence at any time during the Measurement Period which absence extends beyond three full calendar months (including any absence that began before the Grant Date), your PSU payout PBRSU payout, including any dividend equivalent PBRSUs, will be prorated based on the number of full and partial calendar months you spent on the active payroll during the Measurement Period (beginning with the first full calendar month afte...r the Grant Date). Payout for the award Award will be made at the same time as payment would have been made without regard to any leave of absence, and will in all respects be subject to the Company's actual Relative Total Shareholder Return achievement for the full Measurement Period. View More
Found in Boeing contract
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Leave of Absence. The Board or the Committee shall determine the extent to which military or Government services or leave of absence for any other reason shall constitute Separation from Service, boardship or consultancy for the purposes of the Plan or any Options granted hereunder.
Found in CommerceHub, Inc. contract
Leave of Absence. The Board or the Committee shall determine the extent to which military or Government services or leave of absence for any other reason shall constitute Separation from Service, boardship Boardship or consultancy for the purposes of the 2010 Plan or any Options Stock Appreciation Rights granted hereunder.
Found in CommerceHub, Inc. contract
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Leave of Absence. If the Participant is officially granted a leave of absence for illness, military or governmental service or other reasons by the Company, for purposes of this Option, such leave of absence shall not be treated as termination of employment.
Found in EVANS & SUTHERLAND COMPUTER CORP contract
Leave of Absence. If the Participant is officially granted a leave of absence for illness, military or governmental service or other reasons by the Company, for purposes of this Option, such leave of absence shall not be treated as termination of employment. employment or Board membership.
Found in EVANS & SUTHERLAND COMPUTER CORP contract
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