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Filing tables
Filing exhibits
- 10-K Annual report
- 10.9.2 Form of Non-qualified Stock Option Award Pursuant to the Flexible Stock Plan
- 10.17 Description of Long-term Disability Arrangements with Certain Executives
- 12 Computation of Ratio of Earnings to Fixed Charges
- 21 Schedule of Subsidiaries
- 23 Consent of Independent Registered Public Accounting Firm
- 24 Power of Attorney
- 31.1 Section 302 Certification of CEO
- 31.2 Section 302 Certification of CFO
- 32.1 Section 906 Certification of CEO
- 32.2 Section 906 Certification of CFO
Related press release
LEG similar filings
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Exhibit 10.17
DESCRIPTION OF LONG-TERM DISABILITY ARRANGEMENTS
The Company makes available an executive disability coverage program to provide disability benefits to the named executive officers and other management employees. The executive disability coverage is designed to replace 66 ²/³ % of the base salary, bonuses and incentive compensation of the employee up to a maximum of $25,000 per month benefit. Under the executive disability coverage, the employee pays for the premiums.
In addition to the above coverage, the Company provides supplemental disability coverage for David S. Haffner and Karl G. Glassman under various policies. This supplemental disability coverage provides the following benefits:
Name | Current Age | Annual Premiums* | Monthly Benefit | Benefit Period | ||||||
David S. Haffner | 57 | $ | 4,874 | $ | 16,300 | Until Age 65 | ||||
Karl G. Glassman | 51 | $ | 1,185 | $ | 4,200 | Until Age 65 | ||||
| * | Under the supplemental disability coverage, the Company pays for the premium. |