Accrued Time Off. Mallinckrodt shall recognize and assume all Liability for all unused vacation, holiday, sick leave, flex days, personal days and paid-time off and other time-off benefits with respect to Mallinckrodt Group Employees which accrued on or prior to the Effective Time, and Mallinckrodt shall credit each Mallinckrodt Group Employee with such accrual.
Appears in 5 contracts
Samples: Employee Matters Agreement, Employee Matters Agreement (Covidien PLC), Employee Matters Agreement (Mallinckrodt PLC)
