Synopsys Leaves of Absence
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1 Synopsys Leaves of Absence Synopsys offers several Leaves of Absence (LOA) programs, including but not limited to: Family Care and Bonding Leave Family and Medical Leave Pregnancy Disability Leave Personal Leave Bereavement Leave Voting Leave Military Leave Jury/Witness Duty The Company offers additional benefits and leaves beyond the ones listed here, in compliance with applicable federal, state and local laws. Employees should consult with Human Resources for more details if they believe they may need an alternate leave. On the next several pages you will find a leaves of absence chart with key provisions of the leaves discussed in the Policy. This is only a summary. For details about each type of leave, as well as definitions of key terms, please refer to the corresponding section of the Policy. 1
2 Family Care and Bonding Leave New parents, stepparents, foster parents or adoptive parents Regular employees working at least 20 hours/week 4 weeks Paid Employees providing family care: After the birth, adoption or foster care placement of a child To certain family members with serious health conditions To themselves, when suffering serious health conditions 2
3 Family and Medical Leave (FMLA) 12 months of employment at Synopsys Worked at least 1,250 hours in the 12 months prior to leave 1 12 weeks total in a rolling backward 12- month period 1, 2 Options for disability benefits and/or state insurance program Salary paid out for the first 4 weeks of family leave Employee providing Family Care after the birth, adoption or foster care placement of a child, or for the serious health condition of certain family members OR Medical Leave for employee s own serious health condition 1 The following benefits may be continued for up to one 1 year: Medical Life Insurance Accidental Death & Dismemberment (AD&D) coverage. Long-Term Disability (LTD) may be continued for up to 6 months. OR Military Family Leave for certain reasons related to a family member s military service 2 Contributions will be suspended for the following programs: Flexible Spending Accounts (FSAs) Health Savings Account (HSA) if in the HS Medical Plan Synopsys 401(k) Plan Employee Stock Purchase Plan (ESPP) stock vesting will continue. Notes: 1 Medical Leave is evaluated on a case-by-case basis. It may be granted when an employee does not meet all eligibility requirements and it may exceed 12 weeks. 2 Total leave may last up to 26 weeks to care for a military family service member. 3
4 Pregnancy Disability Leave Female employees Up to 4 months Options for disability benefits and/or state insurance programs Disability due to pregnancy, childbirth or a related medical condition The following benefits may be continued for up to one 1 year: Medical Life Insurance Accidental Death & Dismemberment (AD&D) coverage. Long-Term Disability (LTD) may be continued for up to 6 months. Contributions will be suspended for the following programs: Flexible Spending Accounts (FSAs) Health Savings Account (HSA) if in the HS Medical Plan Synopsys 401(k) Plan Employee Stock Purchase Plan (ESPP) stock vesting will continue. 4
5 Personal Leave No entitlement to leave Granted at the discretion of Synopsys Up to 6 months Unpaid Personal reasons, including personal business, family issues, emergencies, or to pursue education, travel or other interests All benefits end after 60 days from the start of the leave. Employees may continue health insurance through COBRA Bereavement Leave All regular employees 5 days Paid Death of an immediate family member Voting Leave All employees 2 hours Paid Voting in an election 5
6 Military Leave All employees Up to 5 years Paid for the first 180 days Performing duty in the military, including Army, Navy, Marine Corps, Air Force, Coast Guard, Public Health Service Commissioned Corps and Reserves The following benefits may be continued for up to 1 year: Medical Life Insurance Accidental Death & Dismemberment (AD&D) coverage. Long-Term Disability (LTD) may be continued for up to 6 months. Contributions will be suspended for the following programs: Flexible Spending Accounts (FSAs) Health Savings Account (HSA) if in the HS Medical Plan Synopsys 401(k) Plan Employee Stock Purchase Plan (ESPP) stock vesting will continue. 6
7 Jury/Witness Duty All employees As long as legally required to serve on a jury or as a witness. If working at least part time, paid for the first 90 days. Serving on a jury or as a witness in a legal proceeding pursuant to a subpoena, summons or other legal document. 7
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