Common use of Accumulation of Paid Time Off (PTO Clause in Contracts

Accumulation of Paid Time Off (PTO. Hours: The amount of PTO carried forward into a new payroll year is limited to a maximum of two hundred forty (240) hours. Each payroll year, employees must use or lose one-half (1/2) of the PTO hours earned in the payroll year or they shall be subject to forfeiture.

Accumulation of Paid Time Off (PTO. Hours: The amount of PTO carried forward into a new payroll year is limited to a maximum of two three hundred forty twenty (240320) hours. Each payroll year, employees must use or lose one-half (1/2) of the PTO hours earned in the payroll year or they shall be subject to forfeiture.