Common use of Vacation Benefits Clause in Contracts

Vacation Benefits. The Executive shall be entitled to four (4) weeks of vacation time each calendar year during the term of this Agreement, to be taken at such times as the Executive and the Company shall mutually determine and provided that no vacation time shall interfere with the duties required to be rendered by the Executive hereunder. Notwithstanding the foregoing, in view of the Company's current circumstances the Executive will not (i) take more than one week of vacation time in any 30-day period unless otherwise mutually agreed with the Chief Executive Officer of the Company.

Appears in 5 contracts

Samples: Employment Agreement (Netcreations Inc), Employment Agreement (Netcreations Inc), Employment Agreement (Netcreations Inc)

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Vacation Benefits. The Executive shall be entitled to four (4) weeks of vacation time each calendar year during the term of this Agreement, to be taken at such times as the Executive and the Company shall mutually determine and provided that no vacation time shall interfere with the duties required to be rendered by the Executive hereunder. Notwithstanding the foregoing, in view of the Company's current circumstances the Executive will not (i) take more than one week of vacation time in any 30-day period period, or (2) take any vacation time until the earlier of (x) the completion of the IPO or (y) four (4) months from the date of this Agreement, unless otherwise mutually agreed with the Chief Executive Officer of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Netcreations Inc), Employment Agreement (Netcreations Inc), Employment Agreement (Netcreations Inc)

Vacation Benefits. The Executive shall be entitled to four (4) weeks of vacation time each calendar year during the term of this Agreement, to be taken at such times as the Executive and the Company shall mutually determine and provided that no vacation time shall interfere with the duties required to be rendered by the Executive hereunder. Notwithstanding the foregoing, in view of the Company's current circumstances the Executive will not (i) take more than one week of vacation time in any 30-day period unless otherwise mutually agreed with the Chief Executive Officer of the Company.

Appears in 1 contract

Samples: Employment Agreement (Netcreations Inc)

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Vacation Benefits. The Executive shall be entitled to four (4) weeks of vacation time each calendar year during the term Term of employment under this Agreement, to be taken at such times as the Executive and the Company shall mutually determine and provided that no vacation time shall interfere with the duties required to be rendered by the Executive hereunderdetermine. Notwithstanding the foregoing, in view of the Company's current circumstances the Executive will not (i) take more than one week of vacation time in any 30-day period unless otherwise mutually agreed with the Chief Executive Officer of the Company. Vacation time that is not used in one year may be carried over to the next year but may not be carried over beyond that year.

Appears in 1 contract

Samples: Employment Agreement (Netcreations Inc)

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