Common use of Vacation and Leaves of Absence Clause in Contracts

Vacation and Leaves of Absence. The Executive shall be entitled to 20 ------------------------------ vacation days during each calendar year. Vacation days will accrue, and unused vacation days may be carried over to subsequent years, in accordance with the Company's vacation policy in effect on the date of this Agreement. Upon any termination of this Agreement for any reason whatsoever, accrued and unused vacation for prior years and for the year in which this Agreement terminates will be paid to the Executive within 10 days of such termination based on his Base Compensation in effect on the date of such termination. In addition, the Executive may be granted leaves of absence with or without pay for such reasons as the Board in its sole and absolute discretion may determine, and shall be entitled to the same sick leave and holidays provided to other senior executive officers of the Company.

Vacation and Leaves of Absence. The Executive shall be entitled to 20 ------------------------------ vacation days during each calendar year. Vacation days will accrue, and unused Any vacation days may be carried that are not taken in a given calendar year shall not accrue or carry over from year to subsequent years, in accordance with the Company's vacation policy in effect on the date of this Agreementyear. Upon any termination of this Agreement for any reason whatsoever, accrued and unused vacation for prior years and for the year in which this Agreement terminates will be paid to the Executive within 10 days of such termination based on his Base Compensation Annual Salary in effect on the date of such termination. In addition, the Executive may be granted leaves of absence with or without pay for such reasons as the Board in its sole and absolute discretion may determine, and shall be entitled to the same sick leave and holidays provided to other senior executive officers executives of the Company.

Vacation and Leaves of Absence. The Executive shall be entitled to 20 ------------------------------ vacation days during each calendar year. Vacation days will accrue, and unused vacation days may be carried over to subsequent years, in accordance with the CompanyMacro's vacation policy in effect on the date of this Agreement. Upon any termination of this Agreement for any reason whatsoever, accrued and unused vacation for prior years and for the year in which this Agreement terminates will be paid to the Executive within 10 days of such termination based on his Base Compensation Annual Salary in effect on the date of such termination. In addition, the Executive may be granted leaves of absence with or without pay for such reasons as the Board in its sole and absolute discretion may determine, and shall be entitled to the same sick leave and holidays provided to other senior executive officers executives of the Company.

Vacation and Leaves of Absence. The Executive shall be entitled to 20 ------------------------------ vacation days during each calendar year, prorated for 1997 based on the number of days during which the Executive was employed by the Company. Vacation days will accrue, and unused Any vacation days may be carried that are not taken in a given calendar year shall not accrue or carry over from year to subsequent years, in accordance with the Company's vacation policy in effect on the date of this Agreementyear. Upon any termination of this Agreement for any reason whatsoever, accrued and unused vacation for prior years and for the year in which this Agreement terminates will be paid to the Executive within 10 days of such termination based on his Base Compensation her Annual Salary in effect on the date of such termination. In addition, the Executive may be granted leaves of absence with or without pay for such reasons as the Board in its sole and absolute discretion may determine, and shall be is entitled to the same sick leave and holidays provided to other senior executive officers of the Company.