Common use of Working Hours and Holidays Clause in Contracts

Working Hours and Holidays. (a) The working hours shall be fixed in accordance with the applicable legal provisions in the Grand-Duchy of Luxembourg and the Employee's salary is based on a minimum average of forty (40) working hours per week and eight (8) hours per day scheduled in principle from Monday to Friday. The Employee hereby acknowledges that general working hours or overtime statutory provisions are not applicable to his position as a higher level employee ("cadre supérieur") within the meaning of article L.211-3 of the Luxembourg Labor Code, and in accordance with article L.211-27 (4) of the Luxembourg Labor Code. Working hours may thus vary according to the Employer's requirements.

Working Hours and Holidays. (a) The working hours shall be fixed in accordance with the applicable legal provisions in the Grand-Duchy of Luxembourg Grand- Xxxxx xx Xxxxxxxxxx and the Employee's salary is based on a minimum average of forty (40) working hours per week and eight (8) hours per day scheduled in principle from Monday to Friday. The Employee hereby acknowledges that general working hours or overtime statutory provisions are not applicable to his position as a higher level employee ("cadre supérieur") within the meaning of article L.211-3 of the Luxembourg Labor Code, and in accordance with article L.211-27 (4) of the Luxembourg Labor Code. Working hours may thus vary according to the Employer's requirements.

Working Hours and Holidays. (a) The working hours shall be fixed in accordance with the applicable legal provisions in the Grand-Duchy of Luxembourg Luxembourg, and the EmployeeExecutive's salary is based on a minimum average of forty (40) working hours per week and eight (8) hours per day scheduled in principle from Monday to Friday. The Employee Executive hereby acknowledges that general working hours or overtime statutory provisions are not applicable to his position as a higher level employee ("cadre supérieur") within the meaning of article L.211-3 of the Luxembourg Labor Code, and in accordance with article L.211-27 (4) of the Luxembourg Labor Code. Working hours may thus vary according to the Employer's requirements.. Executive _MM_/ Employer _WBS_ Page 8 of 16

Working Hours and Holidays. (a) The working hours shall be fixed in accordance with the applicable legal provisions in the Grand-Duchy of Luxembourg and the Employee's ’s salary is based on a minimum average of forty (40) working hours per week and eight (8) hours per day scheduled in principle from Monday to Friday. The Employee hereby acknowledges that general working hours or overtime statutory provisions are not applicable to his her position as a higher level employee ("cadre supérieur"“cadre”) within in the meaning of article L.211-3 of the Luxembourg Labor Labour Code, and in accordance with article L.211-27 (4) of the Luxembourg Labor Labour Code. Working hours may thus vary according to the Employer's ’s requirements.