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401k

Benefit Summary 2018 v1.16.18.pdf

Benefit Summary 2018 v1.16.18.pdf


Employees can direct up to 10% of their taxable income into the plan through payroll deductions.
Enrollments held twice a year.
401(k) Plan: (eligible immediately)
The Coherent Employee Retirement and Investment Plan (CERIP) provides an opportunity for employees to

34706a cover.indd

34706a cover.indd

…fiscal years 2016, 2015, and 2014.
(4) During fiscal year 2016, each of the NEOs received a 401(k) match of approximately $10,600, with the exception of Ms. Simonet,
who received a 401(k) match of approximately $4,500. The dollar amounts in this column also include imputed income for group…

Coherent

Coherent

…``other
compensation'' other than perquisites, such as the regular Company-provided employee 401(k) plan contribution match (subject to applicable IRS rule limitations).
During fiscal 2014, each of the named executive officers received a 401(k) match of approximately $10,350.
28

Benefits

…of its employees and their families. Coherent’s benefit packages include: Health coverage (medical, dental, and vision) Life and Accident Insurance 401(k) Program with Employer Matching Vacation and Paid Holidays Employee Stock Purchase Plan Educational Assistance Employee Assistance Program Service…

32311a coverSinglesRR.indd

32311a coverSinglesRR.indd

…``other
compensation'' other than perquisites, such as the regular Company-provided employee 401(k) plan contribution match (subject to applicable IRS rule limitations).
During fiscal 2015, each of the named executive officers received a 401(k) match of approximately $10,500.
29

Benefit Summary 2019 v12 14 18.pdf

Benefit Summary 2019 v12 14 18.pdf


Employees can direct up to 10% of their taxable income into the plan through payroll deductions.
Enrollments held twice a year.
401(k) Plan: (eligible immediately)
The Coherent Employee Retirement and Investment Plan (CERIP) provides an opportunity for employees to

an rep 2018 workfile 02

an rep 2018 workfile 02


(3) Reflects the dollar amounts earned under the Variable Compensation Plan (VCP) during the applicable fiscal years.
(4) Reflects a 401(k) company match earned during fiscal year 2018.
(5) Mr. Palatnik joined the Company during fiscal year 2016. Accordingly, for fiscal 2016,…