How is Annual Leave defined
- Annual Leave Entitlement means the right to take a set amount of leave per month, or on specific dates, or at a defined rate per day. Seen in 1 SEC filing
- Annual Leave Entitlement means the right of an employee to take a 5-week annual leave each year which equals to 25 days annually. The leave year is consistently set for all staff and proceeds from the 1st of January to the 31st of December each year. Leave must be gathered on a monthly pro-rated foundation before it can be accessed. Presently, staff are authorized to carry over up to 5 days of leave from one year to the following, and this should be utilized within the initial three months of the new leave year. Leave is acquired by the employee upon termination or resignation of their employment. Seen in 1 SEC filing
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of annual leave entitlement' yourself to verify these results. We are always keen to point people to source documents.
in a legal contract?
- Annual Leave means the authorized regular work time off provided by an employer, which is paid. This does not include leave for sickness, personal affairs that are separate from vacation leave, or any other type of paid time off. If an employer only authorizes one category of leave like vacation, illness, or any other approved absence from work, then such leave is considered as annual leave. Seen in 18 SEC filings
- Annual Leave means paid leave allotted to an employee for the purpose of rehabilitation, restoration, or maintaining work efficiency. It may also be used for personal affairs. Seen in 10 SEC filings
- Annual Leave means the leave time earned bi-weekly by an employee. This is based on the number of years spent in service, and may include holiday leave and recognition leave. Seen in 9 SEC filings
- Annual Leave means the paid leave earned by an employee and commonly utilized as vacation leave. The employee has the responsibility to request for this leave at least [number] days prior to the desired leave period and must be approved by the relevant authority before being used. Where applicable, annual leave can act as a substitute for sick leave when the employee has exhausted all their accumulated sick leave. Seen in 6 SEC filings
- Annual Leave means a period of approved leave with pay which is not classified under any other category of leave. Seen in 5 SEC filings
- Annual Leave means the accrued leave for every hour an employee works. Seen in 4 SEC filings
- Annual Leave means after an employee has exhausted their paid military leave, they may use their accumulated annual leave. If an employee chooses not to use their accrued leave, they are considered to be on leave without pay. Seen in 4 SEC filings
Note: The GeGenie Definition 1
- Annual Leave Entitlement means the employee's right to take a set duration of leave yearly, which must be accumulated monthly.
Relevant Contract Types
- Employment Contract
- Consulting Agreement
- Freelance Contract
- Staffing Agency Agreement
- Executive Employment Agreement
Relevant Circumstances
- Hiring of permanent employees
- Consulting or freelance arrangements
- Engagement of interim executives
- Staffing agency placements
Relevant Sectors
nie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of annual leave' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Annual Leave means paid time off granted by an employer for purposes of rest, recovery, and personal affairs.
Relevant Contract Types
Relevant Circumstances
- Hire of full-time employees
- Hire of part-time employees
- Contracting of consultants
Relevant Sectors
Genie Definition 2
- Annual Leave means accumulated leave earned biweekly, based on years of service and hours worked.
Relevant Contract Types
Relevant Circumstances
- Hire of full-time employees
- Hire of part-time employees
- Civil Service Appointments
Relevant Sectors
Are you creating, reviewing or negotiating a document?
🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)
Annual Leave Entitlement means the employee's right to take a set duration of leave yearly, which must be accumulated monthly.
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs