Employee will be entitled to four weeks of vacation each year, in addition to the 10 paid holidays each year. Carry over from one year to the next will be as per the Company’s paid leave policy. In addition, the Company recognizes that Employee, very likely, will be completing his regular work from Australia each year during a period of time of at least one week and, upon approval by the CEO of the Company, two weeks. These work periods of time, if pre-approved by the Board of Directors of the Company, will not be charged to Employee’s paid leave account. Likewise, travel and lodging for these periods of time will not be charged by Employee as a business expense unless pre-approved by the Board of Directors.