Common use of VACATIONS AND TIME OFF Clause in Contracts

VACATIONS AND TIME OFF. The Employee shall be entitled to three weeks of paid vacation in each year of employment under the terms of this Agreement, without reduction of salary. Unused vacation time may be carried over to future years of employment, consistent with Company policy affecting use by executive employees of employee vacation time. In addition, Employee shall be entitled to such additional time off from work, without loss of compensation, for attendance at professional meetings, conventions, approved "other business activities", as per Section 12, and educational courses in accordance with the Company's general policies in this regard, and as from time to time determined by its Board. This three weeks will accrue as of January 1, 2005, and renew on a calendar-year basis every January 1 during the term of this Agreement, or as extended under Section 2 above.

VACATIONS AND TIME OFF. The Employee shall be entitled to three four weeks of paid vacation in each year of employment under the terms of this Agreement, without reduction of salary. Unused vacation time may be carried over to future years of employment, consistent with Company policy affecting use by executive employees of employee vacation time. In addition, Employee shall be entitled to such additional time off from work, without loss of compensation, for attendance at professional meetings, conventions, approved "other business activities", as per Section 12, and educational courses in accordance with the Company's general policies in this regard, and as from time to time determined by its Board. This three four weeks will accrue as of January 1, 2005, and renew on a calendar-year basis every January 1 during the term of this Agreement, or as extended under Section 2 above.

VACATIONS AND TIME OFF. The Employee shall be entitled to three weeks of paid vacation in each year of employment under the terms of this Agreement, without reduction of salary. Unused vacation time may be carried over to future years of employment, consistent with Company policy affecting use by executive employees of employee vacation time. In addition, Employee shall be entitled to such additional time off from work, without loss of compensation, for attendance at professional meetings, conventions, approved "other business activities,", as per Section 12, and educational courses in accordance with the Company's general policies in this regard, and as from time to time determined by its Board. This three weeks will accrue as of January 1, 2005, and renew on a calendar-calendar- year basis every January 1 during the term of this Agreement, or as extended under Section 2 above.

VACATIONS AND TIME OFF. The Employee shall be entitled to three two weeks of paid vacation in each year of employment under the terms of this Agreement, without reduction of salary. Unused vacation time may be carried over to future years of employment, consistent with Company policy affecting use by executive employees of employee vacation time. In addition, Employee shall be entitled to such additional time off from work, without loss of compensation, for attendance at professional meetings, conventions, approved "other business activities", as per Section 1211, and educational courses in accordance with the Company's general policies in this regard, and as from time to time determined by its Board. This three two weeks will accrue as of January 1, 2005, and renew on a calendar-year basis every January 1 during the term of this Agreement, or as extended under Section 2 above.