Common use of Personal Time Off Clause in Contracts

Personal Time Off. Executive shall receive a combined total of thirty (30) days’ paid vacation and holidays each year during the Term, to be taken in increments of two weeks or less. Up to ten (10) days of vacation or holiday time not used during any calendar year of the Term will be carried forward to the next calendar year only, and any unused balance remaining after the carryover year will be forfeited. In no event will the Company or any Affiliate have any obligation to pay Executive for any unused vacation or holiday time not used.