Accrual Year. Any of the benefits provided under this Agreement or under Employer's personnel policies generally which are accrued on a "per year" basis, are deemed to accrue during each of Employer's fiscal years in accordance with Employer's personnel policies applicable to its employees generally. Any benefits accruing from the Effective Date of hire through the end of the current fiscal year will be prorated for such year. 2.
Appears in 2 contracts
Samples: Employment Agreement (Schimatic Cash Transactions Network Com Inc), Employment Agreement (Schimatic Cash Transactions Network Com Inc)
Accrual Year. Any of the benefits provided under this Agreement or under Employer's personnel policies generally which are accrued on a "per year" basis, are deemed to accrue during each of Employer's fiscal years in accordance with Employer's personnel policies applicable to its employees generally. Any benefits accruing from the Effective Date of hire through the end of the current fiscal year will be prorated for such year. 2.
Appears in 2 contracts
Samples: Employment Agreement (Schimatic Cash Transactions Network Com Inc), Employment Agreement (Schimatic Cash Transactions Network Com Inc)