Massey Energy Company Executive Physical Program Agreement
Contract Categories:
Human Resources
›
Compensation Agreements
Summary
Massey Energy Company has established a program for its 16(b) officers and select senior managers, including those at its subsidiaries, to receive executive physical examinations. Participants under age 50 must have a physical every two years, while those 50 and older must have one annually. The physicals include a patient history, examination, and screenings, with costs capped at $1,200 per exam.
EX-10.3 6 0006.txt EXHIBIT 10.3 EXHIBIT 10.3 MASSEY ENERGY COMPANY EXECUTIVE PHYSICAL PROGRAM Eligibility: - Massey Energy Company 16(b) officers; select senior managers of Massey Energy Company and its subsidiaries Description of Coverage: - Eligible participants are required to undergo executive physicals every other year if under age 50 and annually beginning at age 50. Executive physicals include patient history, physical examination, and various screening procedures, with allowable cost not to exceed $1,200.
