Regular e mployees working 20 hours or more per week are eligible for SonoSite's benefits package. The Company reserves the right to change any of these benefits at its discretion. SonoSite has established a stock option plan under which employees may acquire an ownership interest in the Company. Employees may be awarded options to purchase shares of the Company's common stock at a fixed price per share as determined by the trading price on the date of grant. The number of options granted depends on the employee's level of responsibility within the company.
Options are subject to the terms of a Stock Option Agreement.
SonoSite offers medical, dental, and vision insurance for eligible employees and their eligible dependents. The Company pays the majority of the premium for this coverage. Coverage begins on the first of the month following the employee's date of hire. Long-Term Disability Insurance. In the event an employee is disabled and unable to work in his or her profession, SonoSite provides its eligible employees disability insurance.