Yanfeng Hourly Nonexempt Handbook

In accordance with all state and federal regulations, all non-exempt and hourly employees will be paid overtime for all hours worked over 40 hours in a workweek at a rate of 1.5x the regular rate of pay. Overtime hours will be considered as part of the shift schedule whether it be voluntary or mandated. Double Time is paid on the 7 th consecutive day worked. Normal attendance policy guidelines will apply to missed time.

BENEFITS OVERVIEW

YANFENG is concerned with the health and well-being of its employees and their families and is proud to provide our employees with a package of comprehensive benefits. For information on group insurance plans, including plan eligibility, benefits, and obtaining enrollment forms, please contact Human Resources. The Company reserves the right to change or terminate plans or modify the terms of any plan, in its sole discretion and in accordance with applicable law. Upon termination of employment, employees who have enrolled and are participating in the Company’s health plan at the time their employment terminates, may be entitled to continuation of their group medical benefits in accordance with the terms of the plan under COBRA and similar state laws.

401K SAVINGS PLAN

The Company offers a 401K plan to eligible employees. See the plan documents for details.

VACATION

YANFENG recognizes that vacations are a valuable benefit designed to provide a time to relax and the opportunity to return to work refreshed. Accordingly, employees are encouraged to use all available vacation time in any given year. Vacation time cannot be transferred from one vacation year to the next vacation year. Every effort is made to accommodate employee desires with respect to scheduling of vacation time. Your supervisor is responsible for approving any such time.

Employees that have successfully completed their initial (90) day employment probationary period are eligible for vacation based on the following years of service:

Years of Service as of 12/31 of the Vacation Year

Vacation Allowance

Accrual Rate

Less than 1 year

Prorated – see below

See below

1 to 4 years 5 to 9 Years 10+ Years

80 Hours 120 Hours 160 Hours

6.66 hours per month 10 hours per month 13.33 hours per month

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