Globecomm Systems Inc. Benefits Summary

In addition to the excitement of working for a leading company in the Satellite Industry, Globecomm Systems Inc. offers competitive salaries, professional growth and development working with cutting edge technology. Globecomm Systems Inc. offers competitive benefits.

This information is intended to provide a brief outline of the benefits provided by Globecomm Systems Inc. and by no means is all-inclusive and if there are any discrepancies listed within this section the individual Summary Plan Descriptions and Plan Documents will govern.

Medical Benefits

The Company provides medical coverage through CIGNA Health Care. The Cigna Open Access Plus plan combines the best aspects of different health care plans – managed care, self-referral and indemnity – into one flexible plan. Employees and their eligible dependents are enrolled on the first of employment. Employees have access to their nationwide network of providers. The employee and Company share in the cost of this benefit.

Dental Benefits

Globecomm provides two dental plan options: PPO and HMO. Employees and their dependents (up to age 20, 26 if full-time student) are eligible to participate in this benefit on the first of the month following their employment date. The employee and company share in the cost of this benefit.

Life Insurance and Accidental Death & Dismemberment (AD&D)

Globecomm provides term life insurance of five (5) times an employee's base annual salary up to a maximum of $500,000. AD&D coverage provides a benefit for loss of life or limb(s) as a result of an accident occurring on or off the job. Loss of life benefits would be payable to the designated beneficiary(ies) either by lump sum or monthly installments. The Company pays for this benefit.

401(k) Savings Plan and 401(k) Roth

After three (3) months of service, employees are eligible to participate in the Company's 401(k) Savings Plan and/or 401(k) Roth beginning with the next open enrollment dates. The Company currently offers an employer match.

Voluntary Long Term Disability

The Company provides voluntary LTD benefits immediately upon employment.

Voluntary Vision Plan

The Company offers voluntary vision coverage. Employees and their dependents (up to age 19, 25 if full-time student) are eligible for this benefit on the first of the month following their employment date.

Flexible Spending Account (FSA)

The Company offers employees the benefit of enrolling in a Health Care and/or Dependent Care Flexible Spending Plans (FSA) to pay for services and benefits with pre-tax dollars. Employees are eligible to join the first of the month following their employment date.

Time Off

The Company offers employees vacation, sick, and holiday time off.

Educational Assistance

The Company supports job-related continuing education and offers Educational Assistance. Reimbursement is contingent upon the grade the employee receives.

Gym Membership

Globecomm will reimburse employees 50% of their annual gym membership up to a maximum of $200.