Subject to the Company’s vacation policies as in effect from time to time, the Executive may accrue up to twenty (20) days of vacation per year, to be scheduled to minimize disruption to the Company’s operations. Vacation shall accrue ratably at the conclusion of each month and may not be carried over from one calendar year to the next. In addition, the Company’s scheduled holidays when the Company’s corporate offices are not generally open for business shall not count against the Executive’s vacation days.