Page 65 - PUI Handbook 8-21

Use and Accrual of all PTO
PTO must be earned before it may be used. Once an
employee enters a Paid Time Off eligible employment classification,
the employee begins to earn PTO according to the award schedule in
this policy.

PTO and Termination of Employment:
The company encourages all its employees to use their available PTO
each year for rest, relaxation and personal pursuits and for periods of
temporary absence due to illness, injuries, or other health
circumstances provided the PTO is approved by the Company
supervisor. If an employee terminates, the employee will be paid
unused PTO hours that have been earned through the employee’s last
day of work. PTO hours will be paid at the employee’s base pay rate
as is applicable on the last day of work and without regard to past
overtime or any other special forms of compensation such as bonuses.

Holidays
Precision Underground will be closed for the following
holidays; however, some employees may be asked to be “on call” in
case of an emergency. Refer to the On-Call Policy under
Compensation.

• Memorial Day
• Fourth of July
• Veterans Day
• Thanksgiving
• Christmas Day

Holidays are not paid by the Company. Employees may use PTO if
available. All other holidays may or may not be observed at the
discretion of management.

Worker’s Compensation
All states have Workers’ Compensation laws whose purpose
is to promote the general welfare of people by providing compensation
for accidental injuries or death suffered in the course of employment.
These laws are designed to provide protection to workers suffering
occupational disabilities through accidents arising out of, and in the
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