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Benefits

Egenera is committed to protecting our employees by providing comprehensive benefits for both individuals and their families. The benefits package includes, but is not limited to:

Health

Blue Cross/Blue Shield HMO

This health maintenance organization is a referral system designed to provide employees with access to health care routed from within the Blue Cross/Blue Shield network. Under the HMO plan, employees are required to select a primary care physician (PCP).

Blue Cross/Blue Shield PPO

The preferred provider organization plan is designed to provide employees with open access to any independent physician, hospital, or other health-care provider who participates in the Blue Cross/Blue Shield network. Members may also choose to receive services from providers outside of the network covered at a lower, "non-preferred" level after meeting the deductible.

Dental

The Delta Dental PPO Plus Premier plan combines two of Delta Dental's national dental networks, giving members access to dentists that participate in either network. Through this plan we offer a broad range of preventative, restorative and orthodontic services.

Voluntary Vision Insurance

A voluntary vision plan is offered through VSP. This managed vision plan is designed to offer employees a comprehensive network of doctors and services. To find a VSP provider in your area, log onto www.vsp.com  and click on "Members & Consumers".

Fitness Center Reimbursement

Egenera recognizes the importance of regular exercise, and will match the Blue Cross/Blue Shield reimbursement of $150 per year for employees who join a fitness center.

Disability Plans

Short Term

The short-term disability plan offered by Egenera provides up to 67 percent of an employee's wages, from the first day if from an accident or the eighth day if from an illness, for up to 13 weeks, if medically necessary.

Long Term

The long-term disability plan offered by Egenera pays up to 60 percent of an employee's wages after 90 days of disability.

Life Insurance

Life

Life insurance is provided by the Company. Employees are automatically covered for twice their basic annual earnings with a guaranteed issue maximum.

Supplemental Life

Employees may elect to purchase additional insurance for themselves or their spouses and children. Employee options are for once, twice and thrice basic annual earnings.

Business Travel Accident Insurance

When traveling on business for Egenera you are covered by Business Travel Accident Insurance. In the event of your accidental death, or if you sustain injuries while on company business, you are covered for up to three times your annual salary to a maximum of $600,000.

Pre-tax Spending Account

A Flexible Spending Account is available which allows employees to contribute on a pre-tax basis into accounts for medical or dependant-care expenses.

Investment Plans

A 401K plan is available for employees to contribute on a pre-tax basis into a retirement account. A menu of 40 Fidelity funds is provided as investment options.

Employee Assistance

Egenera provides employee assistance through Horizon Care - a free, voluntary, confidential counseling service which provides professional help to employees and their family members.

Time Off

Egenera recognizes that all employees need to recharge! The Company sponsors nine paid holidays, two paid floating holidays and three weeks' paid vacation per year.

Tuition Reimbursement

Egenera seeks to support employee education activities so that employees can fully contribute their talents to achieve Egenera's vision and business objectives. Egenera will cover 100% of employee's tuition costs, books and fees after being employed by Egenera for six months. A maximum of four courses can be taken within a year for a maximum payout of $3,000 for relevant, pre-approved courses

529 College Savings Plan

Egenera offers a 529 College Savings plan to all eligible employees. This plan is an investment plan designed to help families prepare for the expense of a college education.

Group Automobile and Homeowners Insurance

Discounted insurance plans for autos, homeowners, and renters are available through the Group Savings Plus® Program offered by Liberty Mutual Insurance Company. Contact Tom Duval, 1-877-665-7123, extension 203 for quotes and more information.

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