Common use of SECTION THREE COMPENSATION Clause in Contracts

SECTION THREE COMPENSATION. The last two sentences of Section Three of the Agreement are deleted and amended to read in their entirety its entirety as follows: "Employee shall be entitled to vacation periods that are commensurate with the policies of the Corporation that are applicable to exempt employees; provided, however, that Employee shall be entitle to a minimum paid vacation of F o u r ( 4 ) weeks in each calendar year during which Employee is employed by the Corporation. If Employee fails to use all of his or her vacation days in a calendar year, such unused vacation days shall automatically deemed to have been forfeited by Employee, and the Corporation shall have no obligation to pay or otherwise compensate Employee for the same." AMENDMENT TO EMPLOYMENT AGREEMENT- 1

Appears in 1 contract

Samples: Employment Agreement (Revett Mining Company, Inc.)

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SECTION THREE COMPENSATION. The last two sentences of Section Three of the Agreement are deleted and amended to read in their entirety its entirety as follows: AMENDMENT TO EMPLOYMENT AGREEMENT- 4 "Employee shall be entitled to vacation periods that are commensurate with the policies of the Corporation that are applicable to exempt employees; provided, howeverHowever, that Employee shall be entitle to a minimum paid vacation of F o u r ( 4 ) four weeks in each calendar year during which Employee is employed by the Corporation. If Employee fails to use all of his or her vacation days in a calendar year, such unused vacation days shall automatically deemed to have been forfeited by Employee, and the Corporation shall have no obligation to pay or otherwise compensate Employee for the same." AMENDMENT TO EMPLOYMENT AGREEMENT- 1"

Appears in 1 contract

Samples: Employment Agreement (Revett Mining Company, Inc.)

SECTION THREE COMPENSATION. The last two sentences of Section Three of the Agreement are deleted and amended to read in their entirety its entirety as follows: "Employee shall be entitled to vacation periods that are commensurate with the policies of the Corporation that are applicable to exempt employees; provided, however, that Employee shall be entitle to a minimum paid vacation of F o u r ( 4 ) four weeks in each calendar year during which Employee is employed by the Corporation. If Employee fails falls to use all of his or her vacation days in a calendar year, such unused vacation days shall automatically deemed to have been forfeited by Employee, and the Corporation shall have no obligation to pay or otherwise compensate Employee for the same." AMENDMENT TO EMPLOYMENT AGREEMENT- 1"

Appears in 1 contract

Samples: Employment Agreement (Revett Mining Company, Inc.)

SECTION THREE COMPENSATION. The last two sentences of Section Three of the Agreement are deleted and amended to read in their entirety its entirety as follows: AMENDMENT TO EMPLOYMENT AGREEMENT- 2 "Employee shall be entitled to vacation periods that are commensurate with the policies of the Corporation that are applicable to exempt employees; provided, however, that Employee shall be entitle to a minimum paid vacation of F o u r ( 4 ) four weeks in each calendar year during which Employee is employed by the Corporation. If Employee fails to use all of his or her vacation days in a calendar year, such unused vacation days shall automatically deemed to have been forfeited by Employee, and the Corporation shall have no obligation to pay or otherwise compensate Employee for the same." AMENDMENT TO EMPLOYMENT AGREEMENT- 1"

Appears in 1 contract

Samples: Employment Agreement (Revett Mining Company, Inc.)

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SECTION THREE COMPENSATION. The last two sentences of Section Three of the Agreement are deleted and amended to read in their entirety its entirety as follows: "Employee shall be entitled to vacation periods that are commensurate with the policies of the Corporation that are applicable to exempt employees; provided, however, that Employee shall be entitle to a minimum paid vacation of F o u r ( 4 ) Four weeks in each calendar year during which Employee is employed by the Corporation. If Employee fails to use all of his or her vacation days in a calendar year, such unused vacation days shall automatically deemed to have been forfeited by Employee, and the Corporation shall have no obligation to pay or otherwise compensate Employee for the same." AMENDMENT TO EMPLOYMENT AGREEMENT- 15

Appears in 1 contract

Samples: Employment Agreement (Revett Mining Company, Inc.)

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