Page 168 - Washington Nationals 2023 Benefits Guide -10.26.22_Neat

APPENDIX D

WASHINGTON NATIONALS BASEBALL CLUB LLC GROUP LIFE INSURANCE,
GROUP LONG TERM DISABILITY INSURANCE, AND VISION PLAN

Life Insurance Benefits

Eligible Employees: All active owner-employees or non-seasonal employees of the Employer
regularly working a minimum of 65 hours per pay period other than employees covered under the
Major League Baseball Players Benefit Plan or the Minor League Baseball Health and Welfare
Plan who have a life benefit of $80,000 or greater under one of those plans (“Full-Time
Employees”).

Eligible Dependents:

• your spouse
• children (including your natural born children, adopted children, or step-children living
with you) under age 25; and
• disabled dependent children age 25 and older, if covered by this program (or a prior
program) upon attainment of age 25.

Employee Contributions: Basic coverage is provided at no cost to you. You are required to
contribute towards the cost of the additional coverage you elect at the rates established each year
by your Employer.

Insurance Effective Date: June 1, 2020

New Hire Effective Date: Coverage will become effective on the first of the month coinciding
with, or next following, your date of hire; provided that you are an Eligible Employee on that date.

Date Coverage Terminates: The date on which you terminate employment or, if earlier in the
case of additional coverage that you elect, the last day of the period for which required
contributions are made.

Benefits:

In general, this program pays your beneficiary two times your annual earnings, up to a maximum
of $80,000, upon your death. If you are covered under the Major League Baseball Players Benefit
Plan, your benefit will be two times your annual earnings, minus the amount of your Major League
benefit, up to $80,000 when combined with the Major League Baseball Players Benefit Plan. If
you are covered under the Minor League Health and Welfare Plan, your benefit under this plan is
two times your annual salary minus $20,000, up to a maximum of $80,000 when combined with
the Minor League benefit. Your spouse will also have coverage in the amount of $5,000 and each
of your children will have coverage in the amount of $2,000.

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