Page 22 - Tegra Employee Handbook_2020_FINAL_English

According to the rules of the Internal Revenue Service (the
“IRS”), because cash and cash equivalents, such as gift cards/
certificates, have a readily ascertainable value, they are
considered taxable income regardless of the face amount of
the gift card/certificates. For employees, the value of gifts and
gift cards/certificates is considered compensation subject to
federal, state and employment tax withholding, and reporting
on Form W-2. There is no de minimis fringe benefit amount
relating to gift cards/certificates. Therefore, Human Resources
must approve and directly purchase all gift cards that are used
as employee recognition. No other employee is authorized
to purchase gift cards for employee recognition. Human
Resources will be responsible for reporting recipient names of
gift cards to payroll to allow for proper tax treatment.

PROCEDURE TO REPORT CONCERNS
If you have questions about deductions from your pay,
please contact Human Resources immediately or to report
suspected violations of pay policies, call the 24-hour Corporate
Compliance Hotline at 844-765-6704. Every report will be
fully investigated, and disciplinary action will be taken where
appropriate, including reimbursement for improper deductions
or unpaid hours worked and correction of processes. In
addition, the Company will not allow any form of retaliation
against individuals who report alleged violations of this policy
or who cooperate in the Company’s investigation of such
reports. Retaliation is unacceptable, and any form of retaliation
in violation of this policy will result in disciplinary action, up to
and including discharge.

22 © 2020, Tegra, LLC. All rights reserved