How is Flex leave defined in a legal contract?
- Flex leave means a period of leave that a staff member can take as outlined in the [clause] pertaining to Flexible Working Hours. Seen in 12 SEC filings.
- Flex leave means any unused or already accumulated Flextime during a [number] period, that is then utilized to cover approved time off from work in the same period. Seen in 6 SEC filings.
- Flex leave means a period or periods where an employee can be absent from work with the approval of their manager as per [clause] in this agreement, during which no time is added to the employee's accumulated work time. Seen in 1 SEC filing.
- Flex leave means the term used to define periods of time where an employee can be absent from work with the approval of their supervisors/managers, during which no time is added towards the employee's accumulated work time. 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 flex 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
- Flex leave means an approved period of absence during which an employee's accumulated work time remains unchanged.
Relevant Contract Types
Relevant Circumstances
- To formalize the flexible work arrangements in the employment agreement.
- To manage employee absences and unpaid leave.
- To provide flexibility to employees who have accrued leave but do not want to use it up.
Relevant Sectors
Genie Definition 2
- Flex leave means using pre-accumulated Flextime to cover approved time off.
Relevant Contract Types
Relevant Circumstances
- To cater to employees who have roles that require covering different shifts.
- To provide a mechanism for approving absence to part-time or shift employees.
- To ensure employees can make use of their accrued Flextime for approved absences.
Relevant Sectors
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Flex leave means an approved period of absence during which an employee's accumulated work time remains unchanged
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