Common use of Time-Off Benefits Clause in Contracts

Time-Off Benefits. Unless otherwise required in a Collective Bargaining Agreement, the Transfer Regulations or applicable Law, Veralto shall (i) credit each Veralto Employee with the amount of accrued but unused vacation time, paid time-off and other time-off benefits as such Veralto Employee had with the Xxxxxxx Group as of immediately before the date on which the employment of the Veralto Employee transfers to Veralto and (ii) permit each such Veralto Employee to use such accrued but unused vacation time, paid time off and other time-off benefits in the same manner and upon the same terms and conditions as the Veralto Employee would have been so permitted under the terms and conditions of the applicable Xxxxxxx policies in effect for the year in which such transfer of employment occurs, up to and including full exhaustion of such transferred unused vacation time, paid-time off and other time-off benefits (if such full exhaustion would be permitted under the applicable Xxxxxxx policies in effect for that year in which the transfer of employment occurs).

Time-Off Benefits. Unless otherwise required in a Collective Bargaining Agreement, the Transfer Regulations or applicable Law, Veralto Envista shall (i) credit each Veralto Envista Employee with the amount of accrued but unused vacation time, paid time-off and other time-off benefits as such Veralto Envista Employee had with the Xxxxxxx Group as of immediately before the date on which the employment of the Veralto Envista Employee transfers to Veralto Envista and (ii) permit each such Veralto Envista Employee to use such accrued but unused vacation time, paid time off and other time-off benefits in the same manner and upon the same terms and conditions as the Veralto Envista Employee would have been so permitted under the terms and conditions of the applicable Xxxxxxx policies in effect for the year in which such transfer of employment occurs, up to and including full exhaustion of such transferred unused vacation time, paid-time off and other time-off benefits (if such full exhaustion would be permitted under the applicable Xxxxxxx policies in effect for that year in which the transfer of employment occurs).