request such extension and have it approved before the expiration of the currently approved leave. While Company Name will make a reasonable effort to return the employee to his or her former position or a comparable position following an approved leave of absence, there is no guarantee that the employee will be reinstated to his or her former (or any) position, except as required by law. 6.2 Paid Time Off Eligible employees are entitled to five paid time off ("PTO") days per year. A PTO day’s pay for hourly full-time employees will be calculated based on the employee's base pay rate times the number of hours the employee would otherwise have worked on that day. Regular part-time employees will be paid on a pro-rata basis. Employees may not accrue more than five days of time off. When employees who are eligible for paid time off do not take the full amount of time off they could have taken in a year, that amount will be forfeited at the end of the year. Upon termination, employees will not be paid accrued but unused time off as wages. 6.3 Holidays Company Name observes the following paid holidays: New Year's Day Martin Luther King, Jr. Day Memorial Day Independence Day Labor Day Thanksgiving Day Christmas Day New Year's Eve Company Name will grant paid holiday time off to all eligible employees. Holiday pay for regular full-time employees will be calculated based on the employee's base pay rate (as of the date of the holiday) times the number of hours the employee would otherwise have worked on that day. Part-Time Employees, Temporary Employees, and Independent Contractors are not eligible for paid holiday time off. If an eligible Non-Exempt Employee works on a recognized holiday with Company approval, he or she will receive his or her regular rate for hours worked on the holiday. (No overtime is offered in such instances.) Employees who travel to attend and/or manage events on behalf of Company Name shall be compensated for time worked and any applicable per diem at a rate to be determined by ___________________.
request such extension and have it approved before the expiration of the currently approved leave. While Company Name will make a reasonable effort to return the employee to his or her former position or a comparable position following an approved leave of absence, there is no guarantee that the employee will be reinstated to his or her former (or any) position, except as required by law. 6.2 Paid Time Off Eligible employees are entitled to five paid time off ("PTO") days per year. A PTO day’s pay for hourly full-time employees will be calculated based on the employee's base pay rate times the number of hours the employee would otherwise have worked on that day. Regular part-time employees will be paid on a pro-rata basis. Employees may not accrue more than five days of time off. When employees who are eligible for paid time off do not take the full amount of time off they could have taken in a year, that amount will be forfeited at the end of the year. Upon termination, employees will not be paid accrued but unused time off as wages. 6.3 Holidays Company Name observes the following paid holidays: New Year's Day Martin Luther King, Jr. Day Memorial Day Independence Day Labor Day Thanksgiving Day Christmas Day New Year's Eve Company Name will grant paid holiday time off to all eligible employees. Holiday pay for regular full-time employees will be calculated based on the employee's base pay rate (as of the date of the holiday) times the number of hours the employee would otherwise have worked on that day. Part-Time Employees, Temporary Employees, and Independent Contractors are not eligible for paid holiday time off. If an eligible Non-Exempt Employee works on a recognized holiday with Company approval, he or she will receive his or her regular rate for hours worked on the holiday. (No overtime is offered in such instances.) Employees who travel to attend and/or manage events on behalf of Company Name shall be compensated for time worked and any applicable per diem at a rate to be determined by ___________________.