Summary of Xandex Employee Benefits

Immediate Benefits Upon Hire

• Paid Holidays (9 days)

• Sick and Vacation Accrual (8 days non-vested for sick; 2 week vacation vested during 1-3 years of employment, increasing with years of service)

• Access to Company Library (self/skill development books and tapes)  

• Wellness Program (reimbursement of costs for weight-loss and smoking cessation programs)

• Worker's Compensation Coverage

Benefits Upon Satisfactory Completion of 60-Day Introductory Period

• Health Coverage* (Blue Shield HMO or PPO)

• Dental Coverage* (Premier Access) including Orthodontics for Dependent Children

• Life Insurance/Accidental Death & Dismemberment* (Blue Shield) (Employee only - $25,000)

• Vision Coverage* (VSP)

• Supplemental Cash Disability Plan offered by American Family Life Assurance Company (AFLAC) (Paid by Employee)

• Cafeteria Plan (Permits "pre-tax" deduction of Health Premiums and Child Care Expenses)

• Membership to Redwood Credit Union

• Employee Educational and Financial Assistance Programs (Reimbursement on tuition and books and 'no interest' loans secured against vacation accrual)

• Profit Sharing (approved by Board)

• Stock Option (Granted per Management's recommendation and Board of Directors' Discretion)

• Recognition/Safety Incentive Programs

• 401(k) Plan - Option to participate for those 21 years of age or older. This program offers dollar for dollar matching of up to 4% of your gross annual salary which is 100% vested immediately.

* Xandex pays 100% for employee health premiums.