Date: Monday, 29-Dec-97 19:13:39 GMT Server: WebSite/1.1 Allow-ranges: bytes Accept-ranges: bytes Content-type: text/html Last-modified: Tuesday, 25-Nov-97 20:50:22 GMT Content-length: 9142 YSI Employee Benefits

Benefits are available to all regular full-time YSI employees. A regular full-time employee is defined as an employee who is regularly scheduled to work at least 32 hours per week. Benefit eligibility is effective on the first day of the month following 90 days of service. Benefits include:

Medical/Dental/Prescription/Vision Insurance
401K Savings Plan
Disability Benefits
Flexible Spending Accounts
Life Insurance Benefits
Educational Assistance

Medical/Dental/Prescription/Vision Insurance

YSI makes available a comprehensive medical plan for its regular full-time employees. The plan covers up to 100% (Maximum Benefits) of the cost of services provided by a Preferred Provider Organization (PPO) or a Primary Care Physician (PCP) after a nominal co-payment; and 80% (Standard Indemnity Benefits) for non-PPO or non-PCP providers after the deductible. Prescription drug costs are covered by a prescription drug card after a small co-pay. A mail order maintenance drug program is also offered.

Dental coverage includes diagnostic and preventive, surgical and restorative, prosthetics, and orthodontics. This Dental plan covers a greater percentage of the cost of preventive care, and other services are available with a deductible and co-payment.

Vision coverage includes reimbursement for an annual eye exam, and for eyeglasses/contact lenses every two years.

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401K Savings Plan

YSI employees are eligible to participate in the plan if they are at least 18 years old and have completed a service requirement with the company. Employees can voluntarily defer--on a pre-tax basis--up to 15% of their salary per year, reducing taxable income by the amount saved through their contribution. A portion of the employee's voluntary deferral may be matched by YSI (to be determined annually at the end of the fiscal year).

The Company provides a variety of investment choices to enable employees to design a diversified portfolio suitable for their personal and financial needs.

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Disability Benefits

Short Term Disability Benefits

Short Term Disability Benefits provide 60% of your basic monthly earnings to a maximum of $10,000 per month for the first 90 days of disability. STD benefits begin on the first day of an accident or on the eighth consecutive day of an illness.

Long Term Disability Benefits

Long Term Disability Benefits are also provided and begin to pay you after the 90th day of disability. The LTD benefit continues to provide 60% of your basic monthly earnings to a maximum of $10,000 per month.

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Flexible Spending Accounts:
Health and Dependent Care

The Company's Medical and Dental plans involve some out-of-pocket costs: deductibles and co-payments, for example, or costs in excess of one's coverage. To help with these expenses, employees can voluntarily decide to set aside part of their pay in either a Health Care or Dependent Care Flexible Spending Account. The net result in participating in this benefit can increase an employee's take-home pay by paying for such mentioned expenses on a pre-tax basis.

Health Care Account - Funds in this account may be used to reimburse medical expenses not paid under your health plan. Eligible expenses typically include health plan deductibles and co-payments.

Dependent Care Account - Funds in this account can be used to reimburse child care expenses at a licensed day care center or care for a dependent who is not capable of caring for themselves because of a physical or mental disability.

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Life Insurance Benefits

Basic Life Insurance

Basic Life Insurance (and Accidental Death and Dismemberment Insurance) is provided to all regular full-time employees based on their annual salary. Exempt employees receive one and a half times their annual salary to a maximum of $250,000. Non-exempt employees receive one times their annual salary to a maximum of $50,000. There is no employee cost for Basic Life and AD&D coverage.

Supplemental Life Insurance

Supplemental Life Insurance may be purchased through payroll deduction. Employees may purchase additional Life Insurance in increments of $10,000 up to a maximum amount of five times their base annual salary or $250,000, whichever is less. Rates are based on age.

Dependent Life Insurance

Dependent Life Insurance may be purchased for spouse and children.

          Plan A                              Plan B
          Spouse - $5,000                     Spouse - $10,000
          Children - $1,500                   Children - $3,000

Personal Accident Insurance

Personal Accident Insurance is available for employees and family members from $10,000 to $300,000.

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Educational Assistance

Your continued professional and personal growth benefits both you and YSI. Consequently, the Company supports a variety of educational activities to enhance your development. The Company's policy is to assist employees who, with advanced approval, take courses which the Company determines are job related or related to our business activities.

Our objective is to support efforts that broaden knowledge and expertise in such areas as:
Leadership
Effective communication
Problem-solving
Management
Effective treatment techniques

For regular full-time and regular part-time employees, the Company will reimburse up to six credits per semester (12 credits per year) of job related courses.

Other courses not directly related to your job will only be approved by the Company when you need the courses to complete a job-related degree. These benefits cover only tuition; all other fees, such as books, parking, etc., are not eligible for reimbursement.

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