During the Term, Executive shall be entitled to four weeks paid vacation each calendar year, in accordance with the Company’s vacation policy to be taken at such times as may be mutually agreed by Executive and the Company.  Unused vacation in any calendar year shall be carried over to the next calendar year; provided that, in no event shall Executive’s eligible vacation time exceed 8 weeks in any calendar year.  Within thirty (30) days following the execution of this Agreement, the Company shall make a payment to Executive in respect of all accrued but unused vacation through December 31, 2015.