Common use of Benefits/Paid Time Off Clause in Contracts

Benefits/Paid Time Off. Executive shall be eligible to participate in the benefit plans and perks and on the same terms as may be extended generally to other senior executives of the Companies and to the extent Executive is eligible under the terms of the applicable plan. Executive shall also receive Two Hundred Sixteen (216) hours of paid time off, which amount shall include hours for paid holidays, as well as be required to take such hours of mandatory-time-off in accordance with the Company’s policies and procedures.

Appears in 4 contracts

Samples: Executive Employment Agreement (Vail Resorts Inc), Executive Employment Agreement (Vail Resorts Inc), Executive Employment Agreement (Vail Resorts Inc)

AutoNDA by SimpleDocs

Benefits/Paid Time Off. Executive shall be eligible to participate in the benefit plans and perks and on the same terms as may be extended generally to other senior executives of the Companies and to the extent Executive is eligible under the terms of the applicable plan. Executive shall also receive Two Hundred Sixteen two hundred sixteen (216) hours of paid time off, which amount shall include hours for paid holidays, as well as be required to take such hours of mandatory-time-off in accordance with the Company’s policies and procedures.

Appears in 1 contract

Samples: Executive Employment Agreement (Vail Resorts Inc)

AutoNDA by SimpleDocs

Benefits/Paid Time Off. Executive shall be eligible to participate in the benefit plans and perks and on the same terms as may be extended generally to other senior executives of the Companies and to the extent Executive is eligible under the terms of the applicable plan. Executive shall also receive Two One Hundred Sixteen Eighty Four (216184) hours of paid time off, which amount shall include hours for paid holidays, as well as be required to take such hours of mandatory-time-off in accordance with the Company’s policies and procedures.

Appears in 1 contract

Samples: Executive Employment Agreement (Vail Resorts Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!