Common use of Vacation and Other Absences Clause in Contracts

Vacation and Other Absences. So long as the Executive is employed by the Corporation, he shall be entitled to paid vacation and such other paid absences whether for holidays, illness, personal time or any similar purposes, in accordance with the plans, policies, programs and practices of the Corporation and its Affiliated Companies in effect from time to time, commensurate with his position and at least comparable to those received by other senior executives of the Corporation.

Appears in 5 contracts

Samples: Change of Control Agreement (Dana Corp), Employment Agreement (Dana Corp), Change of Control Agreement (Dana Corp)

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Vacation and Other Absences. So During the Employment Period and so long as the Executive is employed by the Corporation, he shall be entitled to paid vacation and such other paid absences whether for holidays, illness, personal time or any similar purposes, in accordance with the plans, policies, programs and practices of the Corporation and its Affiliated Companies in effect from time to time, commensurate with his position and at least comparable to those received by other senior executives of the Corporation.

Appears in 3 contracts

Samples: Employment Agreement (Valassis Communications Inc), Employment Agreement (Valassis Communications Inc), Employment Agreement (Valassis Communications Inc)

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Vacation and Other Absences. So long as During the Employment Period, the Executive is employed by the Corporation, he shall be entitled to paid vacation and such other paid absences whether for holidays, illness, personal time or any similar purposes, in accordance with the plans, policies, programs and practices of the Corporation and its Affiliated Companies Subsidiaries and Affiliates in effect from time to time, commensurate with his position and at least comparable to those received by other senior executives of the Corporation.

Appears in 1 contract

Samples: Employment Agreement (Dana Corp)

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