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Starting base salary: $125,000 per year. Performance appraisal within six
months in position. Performance and salary reviewed on your anniversary
date thereafter. |
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Bonus: You have the opportunity to earn up to 30% of your base salary. This
bonus is based on the company achieving its financial objectives and you
achieving mutually agreed upon personal goals. The bonus period runs from
January 1 through December 31 and is paid 45 days after the fiscal year-end
audit pro-rated for this fiscal year. |
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Stock Option — You will receive a grant of pre-I.P.O. stock options for
50,000 shares of NetRadio Common Stock which vests over a three year period
at 33 1/3% per year. This option price will be approximately $5.00 per
share and will vest 100% if employee is terminated without cause. |
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Employee medical insurance core plan through Medica with co-pays of $15.00
per office visit, $11.00 for pharmacy, and $50.00 for emergency room.
Hospitalization is covered at 80% of the first $750.00; 100% thereafter.
(Dependent coverage is available at employee’s expense.) |
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Company-paid employee dental insurance through Delta Dental, covering two
free cleanings per year and 80/20 payment for routine work. (Dependent
coverage is available at employee’s expense.) |
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Company-paid life insurance at 1 times salary (up to $50,000). |
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Company-paid short-term and long-term disability insurance. |
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401(k) plan program eligibility after six months of employment with April 1
and October 1 entry dates. |
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Tuition reimbursement up to $500/semester or quarter, paid based on grade
point. |
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Three weeks of vacation within first year through the tenth year of
employment, and 4 weeks after ten years. |
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Sick leave of six days annually. (Accrued at 1/2 day per month). |
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Nine paid holidays per year. |
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Underground parking in the Riverplace parking ramp will be paid for you by
NetRadio. |
