The Employee shall be entitled to receive the same health, disability and other benefits as are offered by the Company to all full-time employees from time to time. The Company, at its own expense, shall obtain, if available at commercially reasonable rates, officers’ and directors’ errors and omissions insurance in respect of Employee’s tenure as an officer of the Company. In addition, the Company shall reimburse the employee for reasonable annual premiums associated a life insurance policy on Employee’s life in the maximum benefit amount of $1,000,000 and for which benefit payments shall payable to the Employee’s designated beneficiary.