Common use of Accrued Vacation Pay Clause in Contracts

Accrued Vacation Pay. The monetary value of any vacation days earned and accrued by the Employees as of the time in question (computed by reference to, as applicable, the rate of the salaries and wages earned by such Employees as of the time in question), under and in accordance with Manager’s employment policies (including all employment taxes with respect thereto).

Appears in 6 contracts

Samples: Agreement for Sale, Agreement for Sale (Carey Watermark Investors Inc), Agreement for Sale and Purchase (Carey Watermark Investors Inc)

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Accrued Vacation Pay. The monetary value of any vacation days earned and accrued by the Employees as of the time in question (computed by reference to, as applicable, the rate of the salaries and wages earned by such Employees as of the time in question), under and in accordance with Manager’s employment policies (including all employment taxes with respect thereto).. ACTIVE/85506504.17 LEGAL_US_W # 85494519.11

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Carey Watermark Investors 2 Inc)

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