Common use of Fringe Benefits, Perquisites, and Paid Time Off Clause in Contracts

Fringe Benefits, Perquisites, and Paid Time Off. During the Term, Executive shall be entitled to participate in all fringe benefits and perquisites made available to other senior executives of PubCo, such participation to be at levels, and on terms and conditions, that are commensurate with his or her or their position and responsibilities at PubCo and that are no less favorable than those applicable to other senior executives of PubCo. In addition, Executive shall be eligible for 6 weeks of paid time off (“PTO”) per calendar year in accordance with the Company’s (or its Affiliates’) vacation and PTO policy, inclusive of vacation days and sick days and excluding standard paid Company holidays. Accrued and unused PTO days from one annual period may be carried over to the following calendar year, but not be carried over into a subsequent calendar year. At the Company’s request for the purpose of improving Company’s balance sheet, Executive may be required to use outstanding PTO that exceeds 6 weeks.

Fringe Benefits, Perquisites, and Paid Time Off. During the Term, Executive shall be entitled to participate in all fringe benefits and perquisites made available to other senior executives of PubCothe Company, such participation to be at levels, and on terms and conditions, that are commensurate with his or her or their position and responsibilities at PubCo the Company and that are no less favorable than those applicable to other senior executives of PubCothe Company. In addition, Executive shall be eligible for 6 weeks of paid time off (“PTO”) per calendar year in accordance with the Company’s (or its Affiliates’) vacation and PTO policy, inclusive of vacation days and sick days and excluding standard paid Company holidays. Accrued and unused PTO days from one annual period may be carried over to the following calendar year, but not be carried over into a subsequent calendar year. At the Company’s request for the purpose of improving Company’s balance sheet, Executive may be required to use outstanding PTO that exceeds 6 weeks.

Fringe Benefits, Perquisites, and Paid Time Off. During the Term, Executive Employee shall be entitled to participate in all fringe benefits and perquisites made available to other senior executives Employees of PubCothe Company, such participation to be at levels, and on terms and conditions, that are commensurate with his or her or their position and responsibilities at PubCo the Company and that are no less favorable than those applicable to other senior executives Employees of PubCothe Company. In addition, Executive Employee shall be eligible for 6 weeks of paid time off (“PTO”) per calendar year in accordance with the Company’s (or its Affiliates’) vacation and PTO policy, inclusive of vacation days and sick days and excluding standard paid Company holidays. Accrued and unused PTO days from one annual period may be carried over to the following calendar year, but not be carried over into a subsequent calendar year. At the Company’s request for the purpose of improving Company’s balance sheet, Executive Employee may be required to use outstanding PTO that exceeds 6 weeks.