Page 24 - HB-NATIONAL EWP Jan 2017_Neat

Company-Observed Paid Holidays

The Company observes the following paid holidays for regular full-time employees. Only Full-time employees will be paid
for the following observed six paid holidays:

• New Year's Day
• Memorial Day
• Independence Day
• Labor Day
• Thanksgiving Day
• Christmas Day

When a holiday falls on a Saturday or Sunday, it is usually observed on the preceding Friday or the following Monday.
However, the Company may grant another day off in lieu of closing. Holiday observance will be announced in advance.

Holiday Pay Eligibility
All full time status employees (exempt and non-exempt) eligibility for holiday pay begins after completion of 30 days of
service. Non-exempt employees must be regularly scheduled to work on the day on which the holiday is observed and
must work your regularly scheduled working days immediately preceding and immediately following the holiday, unless
an absence on either day is approved in advance by your supervisor.

If a non-exempt employee is required to work on a paid scheduled holiday, s/he will receive regular pay that they would
normally earn for that work day (regular pay and overtime pay, if applicable) plus an additional eight (8) hours of holiday
pay (at straight-time pay).

Under special circumstances exempt-salaried employees may be required to perform work on the above referenced
holidays due to specific job requirements. On such occasions, another day will be granted off with pay or the employee
shall be paid the holiday pay at the discretion of the Company.

National EWP’s Business Services Group in California includes personnel within the Accounting/Finance, Employee Services, IT, and Administrative Support teams who
may have different holiday provision over year.

PTO – Paid-Time-Off Program
We know how hard employees work and recognize the importance of providing time for rest and relaxation. We fully
encourage employees to get this rest by taking paid time off. Time off under this policy includes extended time off, such
as for a vacation, and incidental time due to sickness, attend to personal or family medical needs, or to simply handle
personal affairs.

Only full-time status employees accrue paid time off (PTO). The Company recognizes the need for employees to have time
away from their normal work duties in order to maintain a work-life balance; therefore, the Company has established a
Paid-Time-Off (PTO) program where regular full-time employees earn PTO hours based upon their length of service. For
exempt employees, personal time off duration of one day or more will be considered PTO.
Eligible full-time employees accrue PTO as follows:

Weekly PTO Accrual Rate
Months of Continuous Service Award Annual YOS Award *Exempt-salaried employees accrue Maximum Carry
at a bi-weekly rate (multiply weekly Over Rate
rate by 2)

Date of Hire through first 30 days 0 0 hours 0 hours
2nd Month - 1st Yr of Service 40 0.77 60
2nd Yr - 5 Yrs of Service 80 1.54 120
6th - 7th Yrs of Service 120 2.31 180
8+ Yrs 160 3.08 240

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