A valve timing control device comprises a drive side rotation member for rotating
with a crank shaft with synchronization, a driven side rotation member arranged
coaxially with the drive side rotation member and slidable therewith, the driven
side rotation member rotating with the camshaft, and a rotation phase position
adjustment mechanism for adjusting a relative rotation phase between the drive
side rotation member and the driven side rotation member by an operating oil. The
drive side rotation member and the driven side rotation member form a vertical
sliding surface relative to a rotation axis, and an oil reservoir is formed at
the driven side rotation member. The oil reservoir is open to the sliding surface
and is connected to a drain for the operating oil.