Intervoice, Inc. Extension of Health Care Coverage to Non-Employee Directors Agreement
Intervoice, Inc. has amended its group health care coverage contract to allow non-employee directors to buy health insurance through the company's provider at the same group rates offered to employees. However, unlike employees, non-employee directors must pay the full cost of this coverage themselves. This agreement outlines the eligibility and payment terms for non-employee directors seeking health care coverage through the company's plan.
Exhibit 10.3
Extension of Health Care Coverage to Non-Employee Directors
Intervoice, Inc. (the “Company”) amended the contract with its provider of group health care coverage to permit non-employee directors to purchase coverage through the provider based on the group rates available for employees. While the Company does pay a significant amount of the costs associated with providing group health care coverage for employees, non-employee directors will be required to pay all costs associated with their purchase of group health care coverage.
