Common use of Vacation and Paid Time Off Clause in Contracts

Vacation and Paid Time Off. As of the Plan Separation Date, the applicable member of the Xxxxxxx Group shall have credited each Xxxxxxx Employee with the unused vacation days and personal and sickness days that such individual has accrued immediately prior to the Plan Separation Date (not previously paid or required to be paid) in accordance with the vacation and personnel policies applicable to such employee immediately prior to the Plan Separation Date.

Appears in 4 contracts

Samples: Employee Matters Agreement (Knowles Corp), Employee Matters Agreement (DOVER Corp), Employee Matters Agreement (Knowles Corp)

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