Accrued Days Off. Chaparral shall recognize and assume all Liability for all vacation, holiday, flex days and personal days off, including banked vacation, accrued by Chaparral Business Employees as of the Cessation Time, and Chaparral shall credit each Chaparral Business Employee with such days off accrual.
Appears in 4 contracts
Samples: Separation and Distribution Agreement (Texas Industries Inc), Separation and Distribution Agreement (Chaparral Steel CO), Separation and Distribution Agreement (Chaparral Steel CO)