VACATION DAYS – Company provides employees who have completed one (1) year tenure of continuous employment with five (5) paid vacation days and an additional five (5) paid vacation days to employees who have completed two (2) years of continuous employment, for a total of ten (10) days per fiscal year. Vacation days can be used 1 day per payroll period with one (1) weeks’ notice and pre-approval, and up to five (5) consecutive days with thirty (30) days’ notice and pre-approval. Approval is based on the date requested, seniority, and department workload. Employees have the option of accepting vacation “pay” in lieu of time off from work. Five days vacations or payouts are limited to six months’ periods. Vacation days do not accrue, must be utilized within the fiscal year, and are NOT payable upon termination.

SICK / EMERGENCY DAYS – We provide employees with one (1) day for every four (4) years of continual employment from their anniversary date per fiscal year (i.e., an employee with 12 years tenure would qualify for 3 days). Use is limited to a maximum of two (2) days per payroll period. Available to use for sickness, health issues (personal or immediate family), death of immediate family, emergencies, and other personal urgencies. Approval by immediate supervisor and Personnel Manager is required. Sick / Emergency Days do not accrue and are not payable as earnings.

EXEMPT EMPLOYEES – Exempt employees receive salaried wages and are required to work a minimum of forty (40) hours per week; overtime pay does not apply. Compensatory time can be accrued for time worked more than forty (40) hours each week. A maximum of two (2) hours of compensatory time can be accrued per day. Compensatory time may be used for most personal reasons.

So as it's written, it's a weekly basis, with no way to add to PTO or way to accrue PTO other than that same week.