Page 37 - Tegra Employee Handbook_2019_FINAL

Based on your position type and total continuous years of
service, you will be eligible for an annualized allotment of PTO.
During each pay period throughout the calendar year, you
accrue a portion of your annualized PTO allotment as follows:

SALARIED EMPLOYEES & HOURLY OFFICE/
ADMINISTRATIVE EMPLOYEES
YEARS OF ACCRUAL RATE ANNUAL
SERVICE PER HOUR ACCRUAL

0-4 YEARS .0577 120 HOURS

5+ YEARS .0769 160 HOURS

HOURLY PRODUCTION

YEARS OF ACCRUAL RATE ANNUAL
SERVICE PER HOUR ACCRUAL

0-4 YEARS .0384 80 HOURS

5-9 YEARS .0577 120 HOURS

10+ YEARS .0769 160 HOURS

At the end of each calendar year salaried employees are allowed to
carry over up to 40 hours and hourly employees can carry over up to
20 hours into the following calendar year, unless otherwise required
by applicable law.

Unless otherwise required by law, unused, accrued PTO is not paid
out at termination. If an employee has a negative PTO balance at the
time of termination, Tegra reserves the right to seek reimbursement
for that time. Employees may not use PTO in lieu of a notice of
resignation. If an employee terminates and is rehired within six
months, the employee is credited with his/her prior continuous
service for purposes of PTO accrual.

Generally, unapproved absences in excess of the PTO allotment will
be unpaid, considered excessive and may result in disciplinary action
unless they are part of an approved reasonable accommodation. In
addition, as a general rule, PTO should be exhausted before unpaid
leave is granted.

TEGRA EMPLOYEE HANDBOOK 37