Health Net 2009 Annual Report Download - page 201

5. Immigration Documentation. Not applicable – intentionally omitted.
6. Representations and Warranties of Executive.
A. No Violation; No Conflicts. Executive represents and warrants to the Company that the entering into of this Agreement
and Executive’s performance of Executive’s duties hereunder, will not violate any agreements with, or trade secrets of, any other
person or entity. Executive further represents and warrants that Executive does not have any relationship or commitment to any other
person or entity that might be in conflict with Executive’s obligations to the Company under this Agreement, including but not
limited to outside employment, sales broker relationships, investments or business activities. Executive understands and agrees that
while employed by the Company Executive is expected to refrain from engaging in any outside activities that might be in conflict
with the business interests of the Company. In addition, Executive represents and warrants to the Company that Executive has not
shared with or disclosed to, and will not share with or disclose to, the Company any proprietary or confidential information of
Executive’s previous employers or any other third party.
B. Legal Proceedings. Executive represents and warrants to the Company that Executive has not been arrested, indicted,
convicted or otherwise involved in any criminal or civil action or legal matter that could affect Executive’s ability to perform
Executive’s duties hereunder or that may have a negative impact on the Company, its reputation or its operations. Executive agrees, to
the extent permitted by applicable law, to notify the Company’s Senior Vice President of Organizational Effectiveness immediately in
the event that Executive becomes party to any criminal or civil action or other legal matter in the future that could have an affect on
the foregoing representation.
7. Executive Benefits.
A. Employee Benefit Programs. Executive shall be eligible to participate in the Company’s various employee benefit
programs and plans in place from time to time in accordance with their terms, as long as Executive remains employed by the
Company and Executive meets the applicable participation requirements. These benefit programs and plans currently include paid
time off (“PTO”), holidays, group medical, dental, vision, term life, and short and long term disability insurance and participation in
the Company’s 401(k) plan, tuition reimbursement plan and deferred compensation plan. The Company or its subsidiaries or affiliates
may modify, terminate or amend any benefit or plan in its discretion, retroactively or prospectively, subject only to applicable law.
B. Required Insurance. Executive will be covered by workers’ compensation insurance and state disability insurance, as
required by state law.
C. Fringe Benefits. Executive will be entitled to such fringe benefits and perquisites as are provided by the Company from
time to time, in accordance with the Company’s policies, practices and procedures, and shall receive such additional fringe benefits
and perquisites as the Company may, in its discretion, from time-to-time provide. Without limiting the generality of the foregoing,
Executive will be entitled to (i) be reimbursed up to the amount of $2,500 per year for documented costs incurred for personal
financial counseling services provided to Executive, including tax preparation, and (ii) receive a $1,000 per month car
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