Common use of Vacation Policy Clause in Contracts

Vacation Policy. The Executive shall have the right during each year of the Term to take an aggregate of four weeks of paid vacation at such time as may be mutually agreed by the Company and the Executive. Notwithstanding anything in any Company manual or policy to the contrary, any unused vacation shall not accumulate and the Company will not reimburse the Executive for such time at the conclusion of the Term.

Appears in 2 contracts

Samples: Employment Agreement (Team Communication Group Inc), Employment Agreement (Team Communication Group Inc)

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Vacation Policy. The Executive shall have the right during each year of the Term term to take an aggregate of four three weeks of paid vacation time at such time as may be mutually agreed by the Company and the Executive. Notwithstanding anything in any Company manual or policy to the contrary, any unused vacation shall not accumulate and the Company will not shall be required to reimburse the Executive for such time time, at the applicable rate, at the conclusion of the Term.

Appears in 2 contracts

Samples: Employment Agreement (Team Communication Group Inc), Employment Agreement (Team Communication Group Inc)

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Vacation Policy. The Executive shall have the right during each year of the Term term to take an aggregate of four (4) weeks of paid vacation time at such time as may be mutually agreed by the Company and the Executive. Notwithstanding anything in any Company manual or policy to the contrary, any unused vacation shall not accumulate and the Company will not shall be required to reimburse the Executive for such time time, at the applicable rate, at the conclusion of the Term.

Appears in 1 contract

Samples: Employment Agreement (Team Communication Group Inc)

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