Employee Handbook 2024

1. INTRODUCTORY STATEMENT This Handbook is designed to acquaint you with Merritt Properties, LLC (“Merritt” or the “Company”), to provide you with general information about working conditions, employee benefits, and some of the policies affecting your employment. This Handbook replaces and supersedes any prior employment policies and procedures. This Handbook is an attempt to describe current policies, practices, and employee responsibilities at Merritt. While Merritt hopes to keep the information set forth in the Handbook accurate and up to date, this may not be possible. In addition, the Handbook cannot anticipate all possible situations or future business or economic conditions. Accordingly, all employees should be aware of the following: • This Handbook is not an express or implied contract. It does not guarantee employment for any definite period of time or warranty of any benefits. • Merritt reserves the right to revise, supplement, or rescind any policies or portion of the Handbook from time to time as it deems appropriate, without prior notice, in its sole and absolute discretion. • Merritt complies with any and all applicable federal, state, and local laws or regulations. To the extent any of the policies in this Handbook conflict with applicable federal, state, or local law, the law will control and supersede this Handbook. Additionally, the policies and procedures set forth in the Handbook do not limit employee rights under the National Labor Relations Act (“NLRA”) or other laws, or limit employees in their speaking, writing, or otherwise communicating about their wages, hours, benefits, and other terms and conditions of employment or in acting for their individual or mutual benefit under the NLRA or other laws. • This Handbook is not intended to describe every Merritt policy and benefit or address every possible employment question or scenario. These Handbook provisions are no more than general summaries of the benefits, work rules and policies they address. Merritt further reserves the discretion to act with or without a policy or rule previously in place. • Your employment at Merritt is “at will.” This means that employees are free to terminate their employment with Merritt at any time, with or without a reason and with or without notice, and Merritt has the right to terminate any employee’s employment at any time, with or without a reason and with or without notice. Although Merritt may choose to terminate employment for cause, cause is not required in order to terminate employment.

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