Page 20 - Lupin Employee Handbook and Supplements - July 2018

Lupin Employee Handbook

If an employee has borrowed against their PTO balance and has a negative balance at termination,
that amount will be deducted from their final pay, unless otherwise prohibited by applicable law.

Payout of Accrued, Unused PTO
No payment will be made in lieu of taking PTO during employment. Upon termination of
employment, employees will receive a payout of accrued, unused PTO time.

Health Care Benefits

Lupin provides comprehensive health care benefits for its eligible full-time employees and their
eligible dependents through medical, dental, and vision insurance plans. Coverage is generally
available on the first day of the month following your hire date for eligible employees.

Flexible spending accounts for medical and dependent care are also available to assist in additional
approved expenses.

Additional Insurance

Lupin provides basic group term life insurance for all full-time employees, which is typically
effective on the first day of the month following the employee’s hire date.

Lupin also provides both Short Term (STD) and Long Term Disability (LTD) insurance for full-
time employees which is typically effective on the first day of the month following the 90 days of
employment. In addition, all employees also may be entitled to receive statutory STD payments
for non-occupational injuries or illnesses depending on their work location.

Retirement - 401(k) Plan

Lupin provides employees with a 401(k) Profit Sharing Plan. Employees will be automatically
enrolled in the 401(k) plan as of the first day of the month following your hire date if you are at
least 21 years of age. If you are not interested in participating in the Plan, you will need to “opt
out” of the Plan by contacting HR.

Tuition Reimbursement

The Company encourages employees to seek out educational opportunities that will strengthen
their skills and knowledge in a current job or prepare them for other internal jobs to which transfer
or promotions is a reasonable possibility. To be prepared for higher and more challenging positions
that may become available within Lupin, full-time employees may be eligible for financial support
through Lupin’s separate Tuition Reimbursement Policy and Repayment Agreement. The
responsibility of professional development rests with each employee, but Lupin provides financial
assistance for qualifying courses or degree programs directly related to an employee’s present job
or to a job to which the employee may reasonably expect to be transferred or promoted.

You may obtain a copy of the Tuition Reimbursement Policy and Repayment Agreement, which
details the benefit, requirements, and procedure for seeking reimbursement, from HR or on the
online employee access service website.

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