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SECTION 3

FOR WHAT BENEFITS ARE YOU ELIGIBLE

AS A SEKO EMPLOYEE?

3.1 Are you eligible for Vacation Days?

One of SEKO’s Core Values is “Work Hard/Play Hard” - so we understand the importance of taking time to
relax, unwind, and enjoy a well-deserved break from work. As such, all full-time employees are eligible to
accrue paid vacation time. Vacation is granted as an incentive to future work, not as compensation for past
work. Vacation is earned on a pro rata basis, as follows:

Years of Hours Accrued Per Pay Maximum Calendar Year
Service Period - Full Time Accrual - Full Time

Hire date up to 5 years 3.08 hours 10 days/80 hours
More than 5 years but 4.62 hours 15 days/120 hours
less than 10 years

More than 10 years 6.15 hours 20 days/160 hours

ELIGIBLE NEW HIRES. For new hires, vacation During Family and Medical Leave, VESSA Leave, or
time will accrue on a pro-rata basis throughout the other leaves of absence, employees will not accrue
calendar year as stated above. Accrued vacation any vacation time (unless otherwise required by law).
time during an employee’s first full calendar year In the event of an employee’s resignation or
of employment with SEKO will be reflected pro- termination, the monetary equivalent of all accrued
rata beginning on the employee’s first paycheck but unused vacation time will be paid to the employee.
following thirty (30) days of continuous employment.
PROCESS FOR SUBMITTING REQUESTS FOR
EXISTING EMPLOYEES. Vacation time may be VACATION TIME. All employees must submit
advanced before it is accrued on a case-by-case vacation time requests through SEKO’s Payroll/
basis within SEKO’s sole discretion. This policy HR System with sufficient advance notice to enable
exists to allow employees to take time off before SEKO to meet its business needs. Employees are
it is actually accrued and earned throughout the also encouraged to submit extended vacation
year. Employees advanced time will be expected to requests (i.e., for more than one week’s vacation)
continue working to accrue the time already taken at the beginning of the calendar year, or as soon as
before additional time is earned. practically possible, to avoid scheduling conflicts
with their coworkers. All vacation requests will be
Employees may carry over a maximum of five (5) sent to the employee’s immediate supervisor who
vacation days into the following calendar year, will either approve or deny the request.
provided these vacation days are used within the
first quarter of the following calendar year. If not SEKO will generally grant requests for vacation
used within the first quarter of the following time when possible, taking the business needs
calendar year, these carried-over days will be lost of SEKO into consideration. If necessary, an
and will not be considered as accruals for payroll employee’s vacation time will be scheduled or re-
purposes. Accrued but unused vacation time will scheduled to avoid interfering with SEKO’s business
not be paid to employees at the end of each or operations. When multiple employees request
calendar year, and will not be banked or carried the same time off for vacation, operational needs
over to any succeeding calendar year in excess of and seniority may determine priority in scheduling
the allowance in this policy for any “carry over” vacation times.
days. “Carry over” days will not be paid out to
employees if unused.

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