Common use of Additional Benefits and Working Facilities Clause in Contracts

Additional Benefits and Working Facilities. (a) The Company shall furnish Employee with the equipment, office space, secretarial support and such other items related to his employment that Employee determines are necessary, useful, and appropriate to him for the duties required by his employment. The Company shall reimburse for reasonable travel, entertainment and other business related expenses, including but not limited to, conference membership fees and cellular phone costs and charges, Employee incurs on behalf of the Company. (b) The Company shall provide Employee health and dental insurance, 401(k), and any other benefits included in its corporate benefit program on terms no less favorable than those applicable to the Company's Chief Executive Officer. In addition, Employee shall have the benefit of such other employee benefit plans that the Company may, from time to time, establish and in which Employee would be entitled to participate pursuant to the terms thereof. THE COMPANY AT ITS SOLE DISCRETION SHALL HAVE THE RIGHT TO CHANGE OR DISCONTINUE SUCH PLANS. (c) Employee shall be entitled to annual paid vacation accruing at the rate of four weeks per year of employment. Unused vacation will carry over into subsequent years. (d) In addition to Section 7(c) above, Employee shall accrue personal days at the rate of six (6) personal days per year of employment. Any personal days not used within one year following accrual shall lapse. (e) The Company shall reimburse Employee for all reasonable expenses incurred by Employee in connection with the Company's business, upon presentation of itemized statements therefore. (f) As additional consideration for the Employee's services under this Agreement, the Company agrees to grant Employee an option grant to purchase 25,000 shares of the Company's Common Stock at the fair market value on April 3, 2001, vesting ratably over a 4 year period on each anniversary of the grant date. Vested options are exercisable until the earliest of (i) the ten year anniversary of the grant date; or (ii) the one-year anniversary of employment termination for any reason. The options granted to Employee pursuant to this Section shall be "incentive stock options," intended to qualify, and as permitted, under Section 422 of the Internal Revenue Code of 1986.

Additional Benefits and Working Facilities. (a) The Company shall furnish Employee with the equipment, office space, secretarial support and such other items related to his employment that Employee determines are necessary, useful, useful and appropriate to him for the duties required by his employment. The Company shall reimburse for reasonable travel, entertainment and other business related expenses, including but not limited to, conference membership fees and cellular phone costs and charges, Employee incurs on behalf of the Company. (b) The Following one month of employment, the Company shall provide Employee health and dental insurance, 401(k)401K, and any other benefits included in its corporate benefit program on terms no less favorable than those applicable to the Company's Chief Executive Officerprogram. In addition, Employee shall have the benefit of such other employee benefit plans that the Company may, from time to time, establish and in which Employee employee would be entitled to participate pursuant to the terms thereof. THE COMPANY AT ITS SOLE DISCRETION SHALL HAVE THE RIGHT TO CHANGE OR DISCONTINUE SUCH PLANS. (c) Employee shall be entitled to annual paid vacation accruing at the rate of four two weeks per year of employment. Unused employment and otherwise consistent with the Company's existing vacation will carry over into subsequent yearspolicy, and as amended from time to time. (d) In addition to Section 7(c6(c) above, Employee shall accrue personal days at the rate of six (6) personal days per year of employment. Any personal days not used within one year following accrual shall lapse. (e) The Company shall reimburse Employee for all reasonable expenses incurred by Employee in connection with the Company's business, upon presentation of itemized statements thereforetherefor. (f) As additional consideration for the Employee's services under this Agreement, the Company agrees to grant Employee an initial option grant to purchase 25,000 shares of the Company's Common Stock at the fair market value on April 3, 2001the date of this Agreement, vesting ratably over a 4 year period on at the end of each anniversary of five years from the date of grant, subject to all of the grant date. Vested options are exercisable until the earliest of (i) the ten year anniversary terms of the grant date; or (ii) Company's stock option plan, including accelerated vesting upon change in control. Based upon the one-year anniversary of employment termination for any reason. The options granted to Employee pursuant to this Section shall annual performance review, additional option grants may be "incentive stock options," intended to qualify, and as permitted, under Section 422 awarded at the sole discretion of the Internal Revenue Code Chief Executive Officer and Compensation Committee of 1986the Company's Board of Directors.

Additional Benefits and Working Facilities. (a) The Company shall furnish Employee with the equipment, office space, secretarial support and such other items related to his employment that Employee determines are necessary, useful, and appropriate to him for the duties required by his employment. The Company shall reimburse for reasonable travel, entertainment and other business related expenses, including but not limited to, conference membership fees and cellular phone costs and charges, Employee incurs on behalf of the Company. (b) The Following one month of employment, the Company shall provide Employee health and dental insurance, 401(k)401K, and any other benefits included in its corporate benefit program on terms no less favorable than those applicable to the Company's Chief Executive Officerprogram. In addition, Employee shall have the benefit of such other employee benefit plans that the Company may, from time to time, establish and in which Employee employee would be entitled to participate pursuant to the terms thereof. THE COMPANY AT ITS SOLE DISCRETION SHALL HAVE THE RIGHT TO CHANGE OR DISCONTINUE SUCH PLANS. (c) Employee shall be entitled to annual paid vacation accruing at the rate of four two weeks per year of employment. Unused employment and otherwise consistent with the Company's existing vacation will carry over into subsequent yearspolicy, and as amended from time to time. (d) In addition to Section 7(c6(c) above, Employee shall accrue personal days at the rate of six (6) personal days per year of employment. Any personal days not used within one year following accrual shall lapse. (e) The Company shall reimburse Employee for all reasonable expenses incurred by Employee in connection with the Company's business, upon presentation of itemized statements thereforetherefor. (f) The Company shall reimburse Employee up to $15,000 in moving expenses if such move is made by Employee. (g) As additional consideration for the Employee's services under this Agreement, the Company agrees to grant Employee an initial option grant to purchase 25,000 125,000 shares of the Company's Common Stock at the fair market value on April 3, 2001the date of this Agreement, vesting ratably over a 4 year period on at the end of each anniversary of four years from April 1, 1999, subject to all of the grant date. Vested options are exercisable until the earliest of (i) the ten year anniversary terms of the grant date; or (ii) Company's stock option plan, including accelerated vesting upon change in control. Based upon the one-year anniversary of employment termination for any reason. The options granted to Employee pursuant to this Section shall annual performance review, additional option grants may be "incentive stock options," intended to qualify, and as permitted, under Section 422 awarded at the sole discretion of the Internal Revenue Code Chief Executive Officer and Compensation Committee of 1986the Company's Board of Directors.

Additional Benefits and Working Facilities. (a) The Company shall furnish Employee with the equipment, office space, secretarial support and such other items related to his employment that Employee determines are necessary, useful, and appropriate to him for the duties required by his employment. The Company shall reimburse for reasonable travel, entertainment and other business related expenses, including but not limited to, conference membership fees and cellular phone costs and charges, Employee incurs you incur on behalf of the Company. (b) The Company shall provide Employee health and dental insurance, 401(k), and any other benefits included in its corporate benefit program on terms no less favorable than those applicable to the Company's Chief Executive Officerprogram. In addition, Employee shall have the benefit of such other employee benefit plans that the Company may, from time to time, establish and in which Employee employee would be entitled to participate pursuant to the terms thereof. THE COMPANY COMPANY, AT ITS SOLE DISCRETION DISCRETION, SHALL HAVE THE RIGHT TO CHANGE OR DISCONTINUE SUCH PLANS. (c) Employee shall be entitled to annual paid vacation accruing at consistent with the rate of four weeks per year of employment. Unused Company's existing vacation will carry over into subsequent yearspolicy, and as amended from time to time. (d) In addition to Section 7(c6(c) above, Employee shall accrue personal days at the rate of six (6) personal days per year of employment. Any personal days not used within one the year following of accrual shall lapse. (e) The Company shall reimburse Employee for all reasonable expenses incurred by Employee in connection with the Company's business, upon presentation of itemized statements therefore. (f) Employee shall be entitled to an automobile allowance of $700.00 per month payable as a taxable fringe benefit and in accordance with the regular payroll practices of the Company. (g) As additional consideration for the Employee's services under this Agreement, the Company agrees to grant has granted Employee an a stock option. The details of this option grant to purchase 25,000 shares of are set forth in the Company's Common Stock at the fair market value on April 3, 2001, vesting ratably over a 4 year period on each anniversary of the grant date. Vested options are exercisable until the earliest of (i) the ten year anniversary of the grant date; or (ii) the one-year anniversary of employment termination for any reason. The options granted to Employee pursuant to this Section shall be "incentive stock options," intended to qualify, and as permitted, under Section 422 of the Internal Revenue Code of 1986attached addendum.