Common use of PAID VACATIONS Clause in Contracts

PAID VACATIONS. The Employee shall be entitled to annual paid vacations of six (6) weeks in each year of the Term and any extension of the Term at such times and for such periods as may be mutually acceptable to the Company and the Employee, in accordance with the Company’s policies governing vacations for its executive officers generally. Unused vacation in any given year shall not accumulate from year to year and Employee shall not be entitled to any cash payment for, or payment in lieu of, unused vacation time.

PAID VACATIONS. The Employee shall be entitled to annual paid vacations of six (6) weeks in each year of the Initial Term and any extension of the Initial Term at such times and for such periods as may be mutually acceptable to the Company and the Employee, in accordance with the Company’s 's policies governing vacations for its executive officers generallyof the Company. Unused vacation in any given year shall not accumulate from year to year and Employee shall not be entitled to any cash payment for, for or payment in lieu of, of unused vacation time.

PAID VACATIONS. The Employee shall be entitled to annual paid vacations of six (6) weeks in each year of the Initial Term and any extension of the Term Initial Term, at such times and for such periods as may be mutually acceptable to the Company and the Employee, in accordance with the Company’s 's policies governing vacations for its executive officers generallyof the Company. Unused vacation in any given year shall not accumulate from year to year and Employee shall not be entitled to any cash payment for, for or payment in lieu of, of unused vacation time.

PAID VACATIONS. The Employee shall be entitled to an annual paid vacations vacation of six (6) five weeks in each year of the Term and any extension of the Term at such times and for such periods as may be mutually acceptable to the Company and the Employee, in accordance with the Company’s 's policies governing vacations for its executive officers generallyand key employees. Unused vacation in any given year shall not accumulate from year to year and Employee shall not be entitled to any cash payment for, or payment in lieu of, unused vacation timeaccumulate.