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401(k) Plan | Paid Time Off 19

401(k) Plan

ABC Company provides employees with the opportunity to build savings for long term financial goals,
such as retirement. All employees are automatically enrolled in ABC Company 401(k) plan with Voya on
the first payroll following date of hire with a 6% contribution amount. If you do not wish to participate in
the 401(k), or wish to contribute at a rate other than 6%, you must provide an opt out form immediately.
To enroll on your own go to www.voyaretirementplans.com/enrollmentcenter (Plan #XYZXYZ,
Verification #XYZXYZ).

You may contribute between 1% – 60% of your total compensation on a pre-tax basis up to the IRS
maximum. The 401(k) plan offers a variety of investment options to meet your individual needs. If you are
new to ABC Company, you can rollover your 401(k) from a previous employer. As an existing employee,
you also have the option to take a loan on the vested balance in your 401(k) plan (restrictions apply).

For more information regarding the 401(k) plan, including enrollment, loans, contributions and investment
election changes, visit Voya at www.voyaretirementplans.com.

Paid Time Off

ABC recognizes that employees need time away from work and provides all regular full-time and
part-time employees with annual Personal Time Off (PTO).

PTO may be used for illness, vacation, to attend to personal business and for personal holidays. PTO
accrues according to the following schedule:
• Beginning upon date of hire, regular full-time employees accrue PTO at the rate of 10 hours per
month.
• For each subsequent year of employment, regular full-time employees accrue an additional hour of
PTO per month beginning on their anniversary date, up to 17 hours per month.
• Regular part time employees accrue PTO on a pro-rated based, subject to accrual maximums, but in any
event, PTO accrues at a rate of no less than 1 hour every 30 hours worked, consistent with applicable
law.

PTO rolls over from year to year and is capped at 250 hours.