It’s for vacation, sick time, and personal leave. It goes up a little bit every year, after one year it goes to 0.054 PTO hrs/hr, after 2 years 0.057 and so on. The only think I see about holidays is that they are not accrued, but deposited on the date observed. I’m not sure what this means, I’m coming from a place with no paid holidays, no extra pay for them or anything.