The Executive shall not be eligible to earn, and shall not earn, paid vacation or any other paid time off.  Rather, the Company expects the CEO to determine for himself, consistent with his responsibilities, how much time can reasonably be spent away from the office for purposes such as personal vacation, relaxation, or personal or family needs.  Executive, at his discretion, shall be entitled to take leave from work as he deems appropriate and as is consistent, in the judgment of the Board of Directors, with his ability to perform the necessary and appropriate tasks required by his job as President, Chief Executive Officer and Chairman of the Board of Directors.