Common use of Paid Time Off (PTO) Clause in Contracts

Paid Time Off (PTO). Employee will accrue five (5) weeks of PTO benefits during each calendar year of the Employment Period in accordance with the Company policy in effect for executive officers.

Paid Time Off (PTO). Employee will accrue five four (54) weeks of PTO benefits during each calendar year of the Employment Period in accordance with the Company policy in effect for executive officers.

Paid Time Off (PTO). Employee will accrue five (5) weeks of PTO benefits during each calendar year of the Employment Period in accordance with the Company policy in effect for executive officers. In calendar year 2005, Employee’s PTO benefits will be prorated, and he shall accrue PTO at the rate of 8.33 hours per pay period.

Paid Time Off (PTO). Subject to the Company’s paid time off policy, Employee will accrue five four (54) weeks of PTO benefits during each calendar year of the Employment Period in accordance with the Company policy in effect for executive officers.

Paid Time Off (PTO). Employee will accrue five (5) weeks of PTO benefits during each calendar year of the Employment Period in accordance with the and subject to Company policy in effect for executive officers. In calendar year 2009, Employee’s PTO benefits will be prorated, and he will accrue PTO at the rate of 7.69 hours per pay period.

Paid Time Off (PTO). Employee will accrue five four (54) weeks of PTO benefits during each calendar year of the Employment Period in accordance with the Company policy in effect for executive officers. In calendar year 2009, Employee’s PTO benefits will be pro-rated, and he will accrue PTO at the rate of 6.15 hours per pay period.