Common use of Vacation and Sick Time Clause in Contracts

Vacation and Sick Time. Executive shall be entitled to three weeks' paid vacation per year and up to ten paid sick/personal days per year; provided that, subject to, and in accordance with, Company policies applicable to all similarly situated executives, any vacation not taken during any given year shall accrue and must be taken by Executive by April 30th of the subsequent year.

Vacation and Sick Time. Executive shall be entitled to three four weeks' paid vacation per year and up to ten paid sick/personal days per year; provided that, subject to, and in accordance with, Company policies applicable to all similarly situated executives, that Executive shall be paid for any vacation not taken during any given year shall accrue and must be taken by Executive in a lump sum cash payment by April 30th of the subsequent year.