Page 33 - SpaceVR Inc Handbook
P. 33

BENEFITS


                   HOLIDAYS


                   Regular  full‐time  employees  are  entitled  to  the  following  paid

                   holidays observed by the Company:

                   •  New Year's Day                              •  Labor Day

                   •  Martin Luther King, Jr. Day                 •  Columbus Day
                   •  Memorial Day                                •  Thanksgiving

                   •  Independence Day                            •  Christmas Day


                   Other days or parts of days may be designated as holidays with or
                   without pay. No holiday pay will be paid to an employee who is on

                   an  unpaid  status,  on  any  leave,  or  absent  due  to  workers'
                   compensation. If a holiday falls on a Sunday, the holiday may be
                   observed  on  the  following  Monday.  If  the  holiday  falls  on  a

                   Saturday, the holiday may be observed on the preceding Friday.


                   SICK LEAVE


                   All employees will accrue one hour of paid sick leave for every 30
                   hours worked and may use any time accrued beginning on their

                      th
                   90  day of employment. Exempt employees will be presumed to
                   work  40  hours  per  week  unless  they  are  regularly  scheduled  to
                   work  fewer  hours,  in  which  case  accrual  will  be  based  on  their

                   usual schedule.


                   When sick leave is used, it will be paid at the employee’s regular
                   rate of pay. Sick leave can be used in increments of one hour or

                   more.










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