XIDE » Topics » Personal Benefits and Perquisites

This excerpt taken from the XIDE DEF 14A filed Jul 24, 2009.
Personal Benefits and Perquisites
 
The Company’s named executive officers are provided with disability insurance, as well as term life insurance equal to 150% of base salary, consistent with the Company sponsored program provided to other covered employees. These insurance benefits are also provided to all of the Company’s other U.S. salaried employees.
 
Named executive officers are also provided with health insurance, the cost of which is substantially assumed by the Company, consistent with the Company sponsored program provided to other covered employees and their families. Employee contributions for individual and family coverage are set annually by the Benefits Administration Committee. Medical evacuation insurance is provided for the Company’s named executive officers, as well as to other senior level employees with significant international travel. This benefit is extended to the spouse of a named executive officer if the executive is on a long-term assignment living outside his or her home country.
 
Named executive officers receive a monthly automobile allowance between $750 and $1,000.
 
The Company maintains a membership at a country club near the Company’s headquarters. Messrs. Ulsh and O’Leary have exclusive use of this membership so that they can entertain clients and conduct business development activities.
 
This excerpt taken from the XIDE DEF 14A filed Jul 28, 2008.
Personal Benefits and Perquisites
 
The Company’s named executive officers are provided with disability insurance and life insurance equal to 150% of base salary consistent with the Company sponsored program provided to other covered employees. These insurance benefits are also provided to all of the Company’s other U.S. salaried employees.
 
Named executive officers are also provided with health insurance, the cost of which is substantially assumed by the Company, consistent with the Company sponsored program provided to other covered employees and their families. Employee contributions for individual and family coverage are set annually by the Benefits Administration Committee. Medical evacuation insurance is provided for the Company’s named executive officers, as well as to other senior level employees with significant international travel. This benefit is extended to the spouse of a named executive officer if the executive is on a long-term assignment living outside his or her home country.
 
Named executive officers receive a monthly automobile allowance between $750 and $1,000.
 
The Company maintains a membership at a country club near the Company’s headquarters. Messrs. Ulsh and O’Leary have use of this membership so that they can entertain clients, conduct business development activities and for employee recognition.
 
This excerpt taken from the XIDE DEF 14A filed Jul 16, 2007.
  Personal Benefits and Perquisites
 
The Company’s named executive officers are provided with disability insurance and life insurance equal to a certain percentage of base salary consistent with the Company sponsored program provided to other covered employees. Effective January 1, 2007, the amount of life insurance was raised from 100% of an employee’s base salary to 150% of an employee’s base salary.
 
Executive officers are also provided with health insurance, the cost of which is substantially assumed by the Company, consistent with the Company sponsored program provided to other covered employees and their families. Employee contributions for individual and family coverage are set annually by the Benefits Administration Committee. Medical evacuation insurance is provided for the Company’s executive officers, as well as to other senior level employees with significant international travel. This benefit is extended to the


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spouse of an executive officer if the executive is on a long-term assignment living outside his or her home country.
 
Executive officers receive a monthly automobile allowance between $750 and $1,000.
 
Pursuant to his employment agreement, Mr. Ulsh is reimbursed for the initiation fee and monthly dues for membership in a country club that enables Mr. Ulsh to entertain clients and conduct business development activities. Mr. O’Leary also receives reimbursement for his monthly country club dues.
 
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