Leave of Absence Clause Example with 7 Variations from Business Contracts

This page contains Leave of Absence clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
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

Variations of a "Leave of Absence" Clause from Business Contracts

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, Restricted Stock, the Company may, in its sole discretion, determine that if you are the Participant is on leave of absence for any reason you reason, the Participant will be considered to still be in the employ of, or providing services for, to, 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 3 Contracts from LSB Industries, Inc.
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 2 Contracts from FIRST UNITED CORP
Leave of Absence. With respect to the Award, Option, 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 Option 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 Solaris Oilfield Infrastructure, Inc. 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
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 2 Restricted Stock Units Shares 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 RSP Permian, 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 be considered to still be in the employ of, or providing services for, the Company, provided that rights to the Restricted Stock Performance Share 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 HUNTSMAN INTERNATIONAL LLC contract