Baked Products Foods Group

VACATION OR PAID TIME OFF (PTO) Everyone needs to have time off for rest and relaxation. The Company currently has two different programs, a traditional vacation accrual for hourly employees and a Paid Time Off (PTO) program for salaried exempt and non exempt administrative employees. Each week of your employment, you earn a certain amount of vacation or PTO based on your length of service. You earn vacation/PTO from the first day of your employment until the last active day of your employment. An account is established for you in which the Company credits the appropriate fraction of your annual accrual amount each week (e.g., 10 days = 80 hours per year = 1.538462 hours per week). Please refer to your specific Paid Time Off policy or your specific Vacation and Attendance policy for individual details. Employees who work a reduced work schedule may still participate in the Company’s vacation or PTO programs if the employee works at least 30 hours per week. The accrual of paid time away from work is based upon the employee’s reduced pay and/or number of hours worked. The Company strongly encourages you to use your vacation/PTO during the year in which it is earned. Salaried exempt and salaried non-exempt employees will stop earning PTO whenever their PTO account reaches the annual accrual amount. Hourly employees will stop earning vacation whenever their vacation account reaches two times the annual accrual amount. In either case, accrual will resume after time off is taken and deducted from the account. No payment will be made in lieu of time off. Accrued vacation or PTO is not payable at termination until an individual has completed the 30-day benefits eligibility waiting period , PAID HOLIDAYS All eligible hourly or salaried non-exempt employees who work their scheduled day immediately before and following the holiday (and the holiday if scheduled to work), will receive an amount equal to 8 hours straight-time pay for the holiday. Salaried exempt employees receive their regular salary. Employees who work a reduced work schedule may still participate in the Company’s holiday plan provided the employee works at least 30 hours per week. The accrual of benefits is based upon the employee’s reduced pay and/or number of hours worked. Employees must complete a 30-day introductory period before becoming eligible for holiday pay. Paid holidays are: New Year’s Day Memorial Day Independence Day Labor Day Thanksgiving Day Christmas Day 2 Personal Holidays Due to the diversity in personal and religious preferences, the Company has designated two of the paid holidays as “Personal Holidays.” You should provide your supervisor with as much advance notice as possible concerning your selection of a Personal Holiday. This will ensure that action can be taken to accommodate your request. Hourly and salaried non-exempt employees who are required to work on a designated company holiday will receive, in addition to their holiday pay, their regular straight-time hourly rate for hours actually worked on that day and the appropriate overtime pay, if applicable. If one of the above holidays falls within a period of paid time off, the appropriate holiday pay will either be added to your vacation/PTO pay or time off will be given at a later date.