BL Companies | Employee Handbook | 2022

EMPLOYEE: A person who receives wages or salary from the Company.

EXEMPT EMPLOYEE: Employees who are not subject to the overtime provisions of the wage and hour laws. Their positions have qualified for exemption under the law as executive, administrative, outside sales or professional employees.

NON-EXEMPT EMPLOYEE: Employees who are compensated hourly or who are eligible for overtime as provided in applicable wage and hour laws.

In addition to the above categories, each employee will belong to one of the following classifications:

REGULAR FULL-TIME : An employee who has successfully completed the Introductory Period and who regularly works forty (40) or more hours weekly. Regular full-time employees are eligible for all Company benefits.

REGULAR PART-TIME: An employee who has successfully completed the Introductory Period and who regularly works fewer than forty (40) hours weekly. These employees are not eligible to receive Company benefits, with the exception that they may be able to participate in the Company’s Health Insurance, 401K and ESOP Plan if the employee meets plan eligibility requirements. (See Health Insurance, 401K & ESOP Plan elsewhere in this Handbook).

INTRODUCTORY PERIOD: A newly-hired person, whether full-time or part-time, who has not yet completed ninety (90) days of uninterrupted employment or who, in the Company’s determination, has not yet demonstrated sufficient competency in the performance of his or her job duties. Successful completion of the Introductory Period does not guarantee continued employment and does not change the at-will nature of the employment relationship. The eligibility for benefits during the Introductory Period varies by benefit. See the discussion under “Introductory Period” in the Handbook.

TEMPORARY/ON-CALL: A temporary employee is one who is hired for a limited duration or to assist in the completion of a specific project. These employees are not eligible to receive Company benefits, with the exception that they may be able to participate in the Company’s 401K Plan if the employee meets plan eligibility requirements. (See 401K Plan elsewhere in this Handbook). There is no restriction regarding duration of employment as long as the employee understands and accepts the terms of employment. He or she can be employed for a specific time or it can be open ended. There is no requirement that he or she be converted to a Regular employee after some specified time. Temporary employees can be paid on an hourly or salary basis based on job classification. There is

no limit on the amount of hours they can work per week. Temporary employees may be hired as a full time employee (40 hours per week), part-time (a specified number of hours per week that is less than 40) or on-call (the hours fluctuate from week- to-week). If an employee is hired as a part-time temporary employee, like all hourly employees, he or she must be paid according to wage and hour law (i.e. time and a half after 40 worked hours.) A temporary employee should receive an employment letter stating the terms of his or her employment. If the terms include the possibility of being reviewed to become a regular full- time employee, that review should occur as specified in the employment letter and should be documented.

INTERN: An employee, full-time or part-time, typically a student, who is hired to work for a fixed period of time such as a school semester or summer break. Interns are not eligible to receive Company benefits, with the exception that they may be able to participate in the Company’s 401K Plan if the employee meets plan eligibility requirements. (See 401K Plan elsewhere in this Handbook).

10 Employee Handbook BL Companies