Common use of Vacation Policy Clause in Contracts

Vacation Policy. The Executive shall be entitled to three (3) weeks of paid vacation during each year of the Term until Executive has been employed by the Company for ten (10) years when the Executive shall be entitled to four (4) weeks of paid vacation during each year of the Term until Executive has been employed by the Company for twenty (20) years when the Executive shall be entitled to five (5) weeks paid vacation during each year of the Term.

Appears in 4 contracts

Samples: Employment Agreement (Grey Wolf Inc), Employment Agreement (Grey Wolf Inc), Employment Agreement (Grey Wolf Inc)

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Vacation Policy. The Executive shall be entitled to three (3) weeks of paid vacation during each year of the Term until Executive has been employed by the Company for ten (10) years when the Executive shall be entitled to four (4) weeks of paid vacation during each year of the Term until Executive has been employed by the Company for twenty (20) years when the Executive shall be entitled to five (5) weeks paid vacation during each year of the Term.

Appears in 1 contract

Samples: Employment Agreement (Grey Wolf Inc)

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