Common use of Paid Time Off Program Clause in Contracts

Paid Time Off Program. 12.1 Paid Time Off Accrual (a) Time off with pay for vacation, Holidays, and sickness is called Paid Time Off (PTO). PTO has two parts: The PTO plan and the Extended Illness Time (EIT) (See Article 13). Employees will begin accruing PTO and EIT upon first day of work. During introductory period employee is allowed to use PTO for Hospital recognized Holidays (Article 11.1). Departmental managers shall monitor employees with negative PTO balances.