STAPLES, INC. LONG TERM CARE INSURANCE PLAN SUMMARY
EX-10.39 3 a2202158zex-10_39.htm EX-10.39
Exhibit 10.39
STAPLES, INC.
LONG TERM CARE INSURANCE PLAN SUMMARY
Staples provides long-term care insurance coverage which is fully paid by the company to officers of Staples, including the named executive officers. The coverage includes a maximum daily benefit of $150 per day or $54,750 per year, adjusted annually. The benefit continues post-retirement based on age and service at the time of separation from employment.
