Common use of Paid Time Off; Holidays Clause in Contracts

Paid Time Off; Holidays. During the Term, Executive shall be eligible for paid time off (PTO) in accordance with policies approved from time to time by the Company for the benefit of executives generally. As of the Effective Date, the Company’s policy is not to place a fixed limit on the amount of PTO that executives may take, provided that PTO is taken at such times and in such periods as shall not interfere with the duties required to be rendered by Executive hereunder. Because no PTO accrues under this policy, there will be no payment for “unused” PTO upon Executive’s separation from employment. Executive shall also be entitled to paid holidays as provided by Company policy from time to time.

Paid Time Off; Holidays. During the Term, Executive shall be eligible for paid time off (PTO) in accordance with policies approved from time to time by the Company for the benefit of executives generally. As of the Effective Date, the Company’s policy is not to place a fixed limit on the amount of PTO that executives may take, provided that that, subject to applicable law, PTO is taken at such times and in such periods as shall not interfere with the duties required to be rendered by Executive hereunder. Because no PTO accrues under this policy, there will be no payment for “unused” PTO upon Executive’s separation from employment. Executive shall also be entitled to paid holidays as provided by Company policy from time to time.

Paid Time Off; Holidays. During the Term, Executive shall be eligible for paid time off (“PTO”) in accordance with policies approved from time to time by the Company for the benefit of executives generally. As of the Effective Date, the The Company’s policy is not to place a fixed limit on the amount of PTO that executives may take, provided that that, subject to applicable law, PTO is taken at such times and in such periods as shall not interfere with the duties required to be rendered by Executive hereunder. Because no PTO accrues under this policy, there will be no payment for “unused” PTO upon Executive’s separation from employment. Executive shall also be entitled to paid holidays as provided by Company policy from time to time.

Paid Time Off; Holidays. During the Term, Executive shall be eligible for paid time off (“PTO”) in accordance with policies approved from time to time by the Company for the benefit of executives generally. As of the Effective Date, the Company’s policy is not to place a fixed limit on the amount of PTO that executives may take, provided that that, subject to applicable law, PTO is taken at such times and in such periods as shall not interfere with the duties required to be rendered by Executive hereunder. Because no PTO accrues under this policy, there will be no payment for “unused” PTO upon Executive’s separation from employment. Executive shall also be entitled to paid holidays as provided by Company policy from time to time.