Vacation and Sick Pay Liabilities. Notwithstanding the provisions of Section 2.07 of the Employee Matters Agreement to the contrary, on and after the Closing Date, accrual of vacation and sick leave in respect of each Vistana Employee working in California, shall be according to an accrual schedule that is substantially similar to Starwood’s accrual schedule as in effect immediately prior to the Closing Date, rather than one which is identical.
Appears in 4 contracts
Samples: Employee Matters Agreement, Employee Matters Agreement (Interval Leisure Group, Inc.), Matters Agreement (Starwood Hotel & Resorts Worldwide, Inc)
