The program grants each employee the right to purchase a specified number of shares of the company's Common Stock at the specified price for a period of time. The price of the stock is determined by the Compensation Committee of the Board of Directors and all option grants are subject to their approval. Generally, the option price is determined by using the fair market value at close of the stock market on the first working day of the month following date of hire. All full-time NetApp employees are eligible to enroll in the plan at the first enrollment date following their employment with NetApp. The company provides a comprehensive medical, dental, vision, and prescription program.
New employees are eligible to enroll on their first day of regular employment.
The company provides its regular, full-time employees paid vacation based upon an individual's active service. 14 days 5 Years 15 days 1 additional day of vacation added per year up to 20 days Vacations are typically taken as earned, whenever work schedules permit. In addition to the above mentioned time off, the company is closed for scheduled U.S. holidays. International employees observe holiday schedules of their country or region. This coverage commences on the employee's first day of regular employment.