Common use of Alternative 2 Clause in Contracts

Alternative 2. The Company undertakes to take out a separate health insurance, with the insurance company spec- ified by NN. Comments: Regulations under Alternative 1 are based on the fact that the employer has a collective bar- gaining agreement, i.e. that the employer is bound by general employment terms and con- ditions and the ITP plan, etc. These regulations apply to all salaried employees at the Com- pany. Ahead of your negotiations with the employer, it can be useful for you to know that the col- lective bargaining agreement entitles you to the following remunerations: The first sick day is a qualifying day on which sick pay is not paid out. The Company pays sick pay as from day 2 up to and including day 14 at 80% of salary, by law and in accordance with the general employment terms and conditions in the applicable collective bargaining agreement. The following currently applies. As from the 15th calendar day in the illness period, sick- ness benefit is paid by the Social Insurance Office. From day 15 to day 90, the employer also pays sick pay at 10% on salary below 7.5 price base amounts and at 90% on salary above 7.5 price base amounts, in accordance with the general employment terms and con- ditions in the collective bargaining agreement. Disability pension is paid as from day 91. This is a collectively agreed disability pension, which is paid by Xxxxxx in accordance with the ITP plan. For further information, please visit PTK’s website, xxx.xxx.xx. If the Company does not have a collective bargaining agreement, the Company may in- stead take out a separate health insurance, which e.g. pays compensation at 90% of the xxx- ary. However, you should be aware that the insurance company may demand a health check. You are recommended to check this before you submit such a request. You may in- stead want to try to negotiate some other benefit. Contact the Swedish Tax Agency for relevant information about any tax on benefits, xxx.xxxxxxxxxxxx.xx.

Alternative 2. The Company undertakes to take out a separate health insurance, with the insurance company spec- ified com- pany specified by NN. Comments: Regulations under Alternative 1 are based on the fact that the employer has a collective bar- gaining collec- tive agreement, i.e. that the employer is bound by general employment terms and con- ditions conditions and the ITP plan, etc. These regulations apply to all salaried employees at the Com- panyCompany. The Company can also affiliate you as the CEO to these collective agreements. Ahead of your negotiations with the employer, it can be useful for you to know that the col- lective bargaining collective agreement entitles you to the following remunerations: The first sick day is a qualifying day on which sick pay is not paid out. The Company pays sick pay as from day 2 up to and including day 14 at 80% of salaryxxx- ary, by law and in accordance with the general employment terms and conditions in the applicable collective bargaining agreement. The following currently applies. As from the 15th calendar day in the illness period, sick- ness sickness benefit is paid by the Social Insurance Office. From day 15 to day 90, the employer also pays sick pay at 10% on salary below 7.5 price base amounts and at 90% on salary above 7.5 price base amounts, in accordance with the general employment terms and con- ditions conditions in the applicable collective bargaining agreement. Disability pension is paid by Xxxxxx as from day 91. This is a collectively agreed disability dis- ability pension, which is paid by Xxxxxx in accordance with the ITP plan. For further information, please visit PTK’s website, xxx.xxx.xx. If the Company does not have a collective bargaining agreement, the Company may in- stead instead take out a separate health insurance, which e.g. pays compensation at 90% of the xxx- arysalary. However, you should be aware that the insurance company may 9 (17) demand a health check. You are recommended to check this before you submit such a request. You may in- stead instead want to try to negotiate some other benefit. Contact the Swedish Tax Agency for relevant information about any tax on benefits, xxx.xxxxxxxxxxxx.xx.

Alternative 2. The Company undertakes to take out a separate health insurance, with the insurance company spec- ified by NN. Comments: Regulations under Alternative 1 are based on the fact that the employer has a collective bar- gaining agreement, i.e. that the employer is bound by general employment terms and con- ditions and the ITP plan, etc. These regulations apply to all salaried employees at the Com- pany. Ahead of your negotiations with the employer, it can be useful for you to know that the col- lective bargaining agreement entitles you to the following remunerations: The first sick day is a qualifying day on which sick pay is not paid out. The Company pays sick pay as from day 2 up to and including day 14 at 80% of salary, by law and in accordance with the general employment terms and conditions in the applicable collective bargaining agreement. The following currently applies. As from the 15th calendar day in the illness period, sick- ness benefit is paid by the Social Insurance Office. From day 15 to day 90, the employer also pays sick pay at 10% on salary below 7.5 price base amounts and at 90% on salary above 7.5 price base amounts, in accordance with the general employment terms and con- ditions in the collective bargaining agreement. Disability pension is paid as from day 91. This is a collectively agreed disability pension, which is paid by Xxxxxx Alecta in accordance with the ITP plan. For further information, please visit PTK’s website, xxx.xxx.xx. If the Company does not have a collective bargaining agreement, the Company may in- stead take out a separate health insurance, which e.g. pays compensation at 90% of the xxx- ary. However, you should be aware that the insurance company may demand a health check. You are recommended to check this before you submit such a request. You may in- stead want to try to negotiate some other benefit. Contact the Swedish Tax Agency for relevant information about any tax on benefits, xxx.xxxxxxxxxxxx.xx.

Alternative 2. The Company undertakes to take out a separate health insurance, with the insurance company spec- ified com- pany specified by NN. Comments: Regulations under Alternative 1 are based on the fact that the employer has a collective bar- gaining collec- tive agreement, i.e. that the employer is bound by general employment terms and con- ditions conditions and the ITP plan, etc. These regulations apply to all salaried employees at the Com- panyCompany. The Company can also affiliate you as the CEO to these collective agreements. Ahead of your negotiations with the employer, it can be useful for you to know that the col- lective bargaining collective agreement entitles you to the following remunerations: The first sick day is a qualifying day on which sick pay is not paid out. The Company pays sick pay as from day 2 up to and including day 14 at 80% of salaryxxx- ary, by law and in accordance with the general employment terms and conditions in the applicable collective bargaining agreement. The following currently applies. As from the 15th calendar day in the illness period, sick- ness sickness benefit is paid by the Social Insurance Office. From day 15 to day 90, the employer also pays sick pay at 10% on salary below 7.5 price base amounts and at 90% on salary above 7.5 price base amounts, in accordance with the general employment terms and con- ditions conditions in the applicable collective bargaining agreement. Disability pension is paid by Alecta as from day 91. This is a collectively agreed disability dis- ability pension, which is paid by Xxxxxx Alecta in accordance with the ITP plan. For further information, please visit PTK’s website, xxx.xxx.xx. If the Company does not have a collective bargaining agreement, the Company may in- stead instead take out a separate health insurance, which e.g. pays compensation at 90% of the xxx- arysalary. However, you should be aware that the insurance company may 9 (17) demand a health check. You are recommended to check this before you submit such a request. You may in- stead instead want to try to negotiate some other benefit. Contact the Swedish Tax Agency for relevant information about any tax on benefits, xxx.xxxxxxxxxxxx.xx.