Sodexo Benefits

Dear Sodexo Employee:

You will receive a payout in your Dec. 6 pay of your previous vacation plan's vested vacation leave balance. You can see how much vested vacation leave balance is in your previous vacation plan by looking on your pay statement next to SS Vac Vested.

The Dec. 6 vacation payment will have the designation of GFV next to it on your pay statement. Federal taxes for this payment will be withheld at the supplemental tax rate. Other deductions, including state and local taxes, also will be withheld. Consult your tax advisor if you have questions about taxes. Deductions will not be taken for the Sodexo 401(k) Retirement Savings Plan.

We are making this payment now because on Jan. 1, 2013, we will be changing the administrative platform for tracking vacation and it no longer makes economic sense to continue to maintain records of these old balances. The intent of our vacation plans is for employees to take time off for personal balance. Allowing these balances to continue to carry over for many years is not the intent of the vacation program.

Your current vacation plan is not affected by this action.

Sincerely,

Sodexo Benefits