American Home Shield 2011 Annual Report Download - page 185

If you choose to purchase the shares offered to you, you will also be granted four (4) options for each share purchased. Each option
will have a strike price equal to the Fair Market Value of a share of stock at the time of the grant of the options and will vest ratably
over a four year period.
You will also be granted 60,000 restricted stock units (RSUs) upon approval of the Compensation Committee that will vest ratably
over a period of three years from the date of the grant.
Additional information on the Plan, including the Plan documents, will be provided to you.
You will be eligible for reimbursement of commuting expenses of up to $100,000 (gross) during your first year of service and $50,000
(gross) during your second year of service.
You will receive the Tier V relocation package per the attached relocation policy. You will be eligible for benefits under the
relocation program for a period of 21 months from your date of hire. You will be required to sign a Relocation Repayment
Agreement, included with your new hire paperwork. Please contact Jennifer McDonald, Relocation Manager, at 901-597-XXXX if
you have any questions.
All compensation, including bonus and incentive payments, if applicable, will be subject to payroll deductions.
This offer of employment is contingent on your execution of a ServiceMaster Non-Compete/Non-Solicitation/Confidentiality
agreement (enclosed) and your agreement to utilize ServiceMaster's alternative dispute resolution program We Listen (full details
enclosed) to resolve any and all work-related disputes/concerns and to arbitrate such disputes if they are not resolved.
ServiceMaster offers you a comprehensive and flexible benefits package that allows you to choose coverage that best meet your
needs. Regular, full-time associates are eligible to participate in medical, dental, vision, disability and life insurance, the legal services
plan, and reimbursement accounts. Coverage for most plans is effective the first of the month following or coincident with three
consecutive months of service; however, disability coverage is effective the day following the completion of twelve consecutive
months of service. The ServiceMaster LifeManagement Program—ServiceMaster's EAP—is available to you and your immediate
family members on your first day of employment.
The ServiceMaster Profit Sharing and Retirement Plan provides you a convenient way to save for retirement. You will be
automatically enrolled in the 401(k) at a 3% contribution rate after completing 90 days of service. You may increase, decrease, or
stop your 401(k) contributions at any time before or after your automatic contributions to the plan begin.
Additional information on all health and welfare and retirement benefits will be mailed to your home approximately six weeks after
your date of hire.
You are eligible for four (4) weeks vacation per calendar year in addition to personal days, sick time and holidays.
This offer of employment is contingent upon successfully passing a drug-screening test and criminal background check. This offer is
also contingent upon the completion of verification of the facts you have given on your application for employment and I-9 form.