YOUR NXP BENEFITS - NXP Semiconductors

 
YOUR NXP BENEFITS - NXP Semiconductors
YOUR NXP BENEFITS
YOUR NXP BENEFITS - NXP Semiconductors
Brief Overview

  WELCOME TO NXP!                    B R IEF OVERVIEW
  WE’RE HAPPY                        By choosing NXP as your employer, you’ve become part of one of the world’s most
                                     dynamic semiconductor companies. You’ll be working with motivated professionals and
  YOU’RE HERE.                       a dedicated management team, with the tools to advance both your productivity and
                                     your career. Be prepared to move boldly, accept responsibility and share in the rewards
  As an NXP employee, you drive      that come from world-class teamwork. You can come to work every day knowing you
                                     have a benefits program that is both market-competitive and responsive to your needs.
  the innovation that sets our       Welcome to NXP.
  company apart—and fuels
                                     YOUR NXP BENEFITS                            Your NXP health coverage is effective
  our success in the market.                                                      as of your NXP start date. If you incur
                                     This guide will give you details on the
                                     following benefits:                          health or pharmacy claims before
                                     • Health Insurance                           enrolling or receiving your identification
                                                                                  cards (ID cards), please save your receipts
  To reward your dedication and      • Health Care and Dependent Care            and file a claim directly with your carrier
                                         Flexible Spending Accounts
  commitment, we offer a highly      •   Health Savings Account (HSA)
                                                                                  once you receive your ID cards.
                                                                                  If you are eligible, you may begin
  competitive and comprehensive      •   Disability and Life Insurance            contributing to the NXP 401(k) Retirement
  rewards program—including          •   401(k) Retirement Plan                   Plan as soon as administratively possible,
                                     •   Time Away Program                        usually as of the third pay period after
  benefits to protect your health,                                                your start date. You are eligible to
                                     • Wellness Programs                          receive company matching contributions
  build savings for retirement       • Work and Life Balance Benefits             as soon as you begin contributing.
  and enhance your life.             • NXP Share Success Plan (Employee          For more information, review the
                                                                                  Savings and Wealth section of this
                                         Stock Purchase Plan)
                                                                                  guide (pp. 15–17).
                                     ENROLL WITHIN THIRTY (30)                    You must complete your enrollment
  This guide outlines information    DAYS OF YOUR START DATE
                                                                                  within thirty (30) days of your start date
                                                                                  or the default options listed on the
  about your benefit options,        You can make your NXP benefit elections      following page will apply.
                                     online or through NXP Rewards Customer
  how to enroll and ways to get      Service shortly after your NXP start date.   Step-by-step instructions for your benefits
                                     You will receive a “Take Action: Enroll in   enrollment are provided in the Benefits
  connected to your new benefits.                                                 Enrollment section of this guide (p. 18).
                                     your NXP Benefits” email at your NXP
  Please read this and share it      email address from NXP Rewards, usually
                                     within seven (7) business days from your
  with your family.                  start date. If you need help enrolling or
                                     have questions before you are prompted
                                     to enroll, please contact NXP Rewards
                                     Customer Service at (888) 375-2367.

 2   NXP Employee Benefits
YOUR NXP BENEFITS - NXP Semiconductors
DEFAULT ENROLLMENT                              You do not need an ID card to access         Documentation confirming your covered
    Please note: If you don’t complete your         dental and vision care services. Let         dependent’s eligibility will be requested
    benefits enrollment within thirty (30) days     your dentist’s office know you are           after enrollment. Please submit the
    of your start date, you will be automatically   enrolled in MetLife PDP Plus; they           requested documentation in a timely
    enrolled in:                                    can call MetLife to confirm your             manner to ensure coverage for your
                                                    coverage at (800) 942-0854. Similarly,       dependents. If you have any questions
    • Choice Plan (PPO), with you only             inform your vision care provider that        about dependent eligibility or the
      coverage, including a $200 deductible,        you are enrolled in VSP Choice and           documentation requirements, contact
      20% coinsurance, $20 primary care             they can call to confirm your coverage       NXP Rewards Customer Service at
      provider copay, $30/$50 specialist            at (800) 877-7195. You can access your       (888) 375-2367.
      provider copay, and CVS Caremark              dental and vision benefit information
      prescription medication benefits.                                                          A Social Security number (SSN) is
                                                    directly, online, at MetLife.com/dental      required for all eligible dependents who
    • NXP 401(k) Retirement Plan,                  and VSP.com, respectively.                   will be covered under the NXP medical
      contributing 5% of your eligible
                                                    Contact information for all benefit          plan. Please have your dependent’s
      compensation, on a pre-tax basis.
                                                    providers is on p. 19 of this guide.         SSN available when you enroll. If your
      Your 401(k) contributions will be
                                                                                                 dependent does not have, or is not
      invested in the Managed Account
      option with GuidedChoice®.
                                                    WHO’S AN ELIGIBLE DEPENDENT?                 eligible to get an SSN, you can use an
                                                    The following individuals qualify as         individual taxpayer identification number
    • NXP-paid basic life, business travel                                                      (ITIN or TIN). Health coverage won’t be
                                                    dependents and are eligible for NXP’s
      accident, accidental death and                                                             denied if your eligible dependent doesn’t
                                                    medical, dental and vision benefit plans.
      dismemberment, and short- and                                                              have an identification number. Please
      long-term disability insurance.               • Spouse: Your legally recognized           contact NXP Rewards Customer Service
    You will not be automatically enrolled            spouse, including your common-law          at (888) 375-2367 if you have questions.
    in any other programs.                            spouse if recognized by your state and
                                                      claimed as your federal tax dependent.     WHO’S NOT AN ELIGIBLE
    ID CARDS AND HEALTH PLAN                        • Domestic partner: Your same-sex or        DEPENDENT?
                                                      opposite-sex domestic partner who has
    INFORMATION                                                                                  The following individuals do not qualify
                                                      lived with you for at least six months,
    You should receive your ID cards within           is not a blood relative of yours, is not   as dependents and are ineligible for
    two (2) weeks of your enrollment.                 legally married or in another domestic     NXP benefits:
    These cards will be mailed to your                partner relationship, and is at least      • Your siblings
    home address.                                     18 years old.                              • Your parents and in-laws
    If you need health care services or             • Dependent children: Your children         • Grandparents, grandchildren or any
    treatment (for example, a visit to the doctor     through the end of the month in              other children who are not listed under
    or hospital, lab work or a prescription)          which they reach age 26. In addition,        “Who’s an Eligible Dependent” at left
    before receiving your ID cards, you can           you can cover your child who is over
    confirm your coverage by calling your             age 26, if he or she is incapable of
                                                                                                 • A unts, uncles, cousins, nieces, nephews
    health plan administrator directly. You           working because of mental or physical      • Roommates, boyfriends, girlfriends,
    will be able to print temporary ID cards          disability (until such incapacity ends).     friends
    from the health plan websites using your          Your children include your children by     • Former spouses
    Social Security number. You can register          birth, adoption or pending adoption;
    on the web addresses below about five (5)         legal guardianship; stepchildren or
    business days after you have enrolled             children of your domestic partner
    in NXP benefits.                                  who live with you; foster children
    If you need additional or replacement             legally placed by a licensed agency;
    medical or prescription ID cards, contact         grandchildren you legally adopt or
    your health plan directly at:                     for whom you are the court-appointed
                                                      guardian; or children you must cover
    • Aetna (Medical): (800) 626-1987                under a Qualified Medical Child
      or online at aetna.com.                         Support Order (QMCSO).
    • CVS Caremark (Prescription
      Medications): (877) 505-8360
      or online at caremark.com.

3     NXP Employee Benefits
YOUR NXP BENEFITS - NXP Semiconductors
CONTENT S
                            Brief Overview .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 2–3

                            HEALTH AND WELLNESS
                            NXP Medical Plan  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 5–8
                            Behavioral Health  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 7
                            Medical Savings Plan .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 8
                            Vision Plan .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 9
                            Health Care Flexible Spending Account .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 9
                            Employee Assistance Program .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 9
                            Dependent Care Flexible Spending Account .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10
                            Limited Use Flexible Spending Account .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10
                            NXP Dental Plan  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 10
                            Wellness Program  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 11
                            Tobacco Cessation  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 11

                            DISABILITY AND LIFE INSURANCE
                            Disability Insurance .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 12
                            Basic, Supplemental and Dependent Life Insurance .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 12–13

                            WORK AND LIFE BALANCE
                            Resources for Living  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .           14
                            Adoption Assistance .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .             14
                            Employee Discounts .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .              14
                            Legal Assistance Plan  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .             14
                            Time Away Program  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .              14

                            SAVINGS AND WEALTH
                            401(k) Retirement Plan  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 15–16
                            Share Success Plan (Employee Stock Purchase Plan) .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 17

                            BENEFITS ENROLLMENT
                            Benefit Enrollment Instructions  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 18

                            IMPORTANT CONTACT INFORMATION
                            Reward Resources .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 19

4   NXP Employee Benefits
YOUR NXP BENEFITS - NXP Semiconductors
HE ALTH AND WELLNESS
    NXP MEDICAL PLAN                             Need help selecting a medical plan?            For these 12 practice areas, your specialist
    When am I eligible?                          Meet Alex—your virtual benefit advisor         copay will be $30 when you use an Aexcel
    You and your eligible dependents are         at myalex.com/NXP/2016. Alex will              specialist, if you are enrolled in the Choice
                                                 ask you a few questions to better              Plus or Choice medical plan. Otherwise, your
    eligible for coverage as of your NXP
                                                 understand your health care needs and          specialist copay is $50. Outside of these 12
    start date.
                                                 provide you with a comparison of how           practices, your specialist copay is $30. If you
    NXP Medical Plan                             each plan works and which one could            live in an area where Aexcel specialists are
                                                 be best for you.                               unavailable, your specialist copay is $30.
    Your NXP medical plan offers you
    a choice of three Aetna medical and                                                         NXP Network Providers
                                                 Find quality ratings and cost
    corresponding CVS Caremark pharmacy
                                                 estimates with Castlight.                      To locate a network provider for Aetna
    plans, including a Medical Savings Plan
                                                 Castlight gives you access to data             medical, visit the following resources:
    with a Health Savings Account (HSA).
    You have the flexibility of choosing the     on the quality and cost of in-network           edical networks—vary by plan, as
                                                                                                M
    health plan that meets the needs of          Aetna medical providers, services and          noted in the table on the following page;
    you and your family, both today and          facilities. You can search by doctor,          see aetna.com/docfind/custom/NXP
    into the future.                             medical condition or service, so you           or call Aetna Member Services at
                                                 will never again wonder how good your          (800) 626-1987.
    Teladoc is an added benefit that gives       doctor is or what your visit will cost.
    you 24/7 access to a national network        Castlight is available at no cost to NXP
    of U.S. board-certified doctors. Simply      employees and their adult dependents
    call (855) 835-2362 for non-emergency        enrolled in an NXP medical plan. As
    medical conditions like respiratory and      a new hire, you will receive an email
    ear infections, colds, flu, sore throat,     invitation to register for Castlight about
    and pink eye, just to name a few.            four weeks after you enroll in NXP
    Teladoc doctors can recommend                Aetna medical coverage. Visit the site
    treatment and even call in a prescription    at Mycastlight.com/NXP or call
    to your pharmacy of choice when              a Castlight Guide at (800) 681-4815.
    necessary. Get started by registering
    at teladoc.com/NXP or calling                Specialists in the Aetna
    (855) 835-2362.                              Aexcel® Network
    A 24-hour Nurseline and Personal             When you’re searching in the Aetna
    Health Advocate are available to help        DocFind directory at aetna.com/
    you navigate the health care system          docfind/custom/NXP for specialists,
    and provide you with guidance and            look for doctors with the blue star.
    support whenever you need it by              These high-performing specialists
    calling Aetna at (800) 626-1987.             are designated as part of the Aetna
                                                 Aexcel network.
    You may opt out of the NXP medical
                                                 Aexcel is a designation within the Aetna
    plan if you prefer not to enroll. However,
                                                 network that includes specialists who
    you must opt out within your 30-day
                                                 have demonstrated effectiveness in the
    enrollment window.
                                                 delivery of care based on a balance of
                                                 certain measures of clinical performance
                                                 and cost-efficiency. Currently, there are
                                                 Aexcel-designated physicians in the
                                                 following 12 specialties:

                                                 •   Cardiology                  •   Obstetrics and Gynecology
                                                 •   Cardiothoracic Surgery      •   Orthopedics
                                                 •   Gastroenterology            •   Otolaryngology
                                                 •   General Surgery             •   Plastic Surgery
                                                 •   Neurology                   •   Urology
                                                 •   Neurosurgery                •   Vascular Surgery

5     NXP Employee Benefits
YOUR NXP BENEFITS - NXP Semiconductors
Health and Wellness

    MEDICAL COVERAGE THROUGH AETNA
    The table below reflects your share of the cost.

                                                                                                                             MEDICAL SAVINGS PLAN
                                       CHOICE PLUS PLAN                               CHOICE PLAN
                                                                                                                                  WITH HSA

                              Exclusive Provider Organization (EPO):     Preferred Provider Organization (PPO):         High Deductible Health Plan (HDHP):
     PLAN TYPE                      In-network coverage only,                 Better coverage in-network,                   Better coverage in-network,
                                      except in emergencies                out-of-network coverage allowed                out-of-network coverage allowed

     NETWORK NAME                   Aetna Open Access Select                           Choice POS II                                 Choice POS II

     SELECTED                                               OUT-OF-                                     OUT-OF-                                   OUT-OF-
                               IN-NETWORK                                 IN-NETWORK                                     IN-NETWORK
     COVERAGE                                              NETWORK                                     NETWORK                                   NETWORK

                                $0 You Only/                              $200 You Only/             $400 You Only/     $1,500 You Only/      $3,000 You Only/
     DEDUCTIBLE                                           No Coverage
                                 $0 Family                                 $400 Family                $800 Family        $3,000 Family         $6,000 Family

     COINSURANCE                You pay 10%               No Coverage      You pay 20%                You pay 40%         You pay 20%           You pay 40%

     OUT-OF-POCKET            $4,000 You Only/                           $5,000 You Only/        $10,000 You Only/      $5,000 You Only/     $10,000 You Only/
                                                          No Coverage
     MAXIMUM                   $8,000 Family                              $10,000 Family          $20,000 Family         $10,000 Family       $20,000 Family

                                                                                                       You pay 40%                              You pay 40%
     PREVENTIVE CARE           Covered 100%               No Coverage     Covered 100%                                   Covered 100%
                                                                                                     after Deductible                         after Deductible

                                                                                                                         Yes. In addition to your contributions,
                                                                                                                          NXP puts money in the plan on your
                                                     No                                         No
                                                                                                                          behalf ($500 for you only and $1,000
     HSA AVAILABLE                                                                                                      for family, prorated based on start date)

                                      Health Care Flexible                       Health Care Flexible                    Limited Use FSA (LUFSA) available
                                   Spending Account available                 Spending Account available                        (see p. 10 for details)

     TELADOC                            You pay $10 Copay                          You pay $10 Copay                          You pay no more than $40

     PRIMARY CARE               You pay $20                                You pay $20                 You pay 40%        You pay 20%           You pay 40%
     PHYSICIAN VISIT              Copay                   No Coverage        Copay                   after Deductible   after Deductible      after Deductible

                                You pay $30                                You pay $30
                                 Copay or                                   Copay or
                               $50 Copay for                              $50 Copay for                You pay 40%        You pay 20%           You pay 40%
     SPECIALIST VISIT            Non-Aexcel               No Coverage       Non-Aexcel               after Deductible   after Deductible      after Deductible
                                specialists in                             specialists in
                               12 designated                              12 designated
                              practices (see p. 5)                       practices (see p. 5)

     MATERNITY                                                             You pay 20%                 You pay 40%        You pay 20%           You pay 40%
                                You pay 10%               No Coverage
     (HOSPITALIZATION)                                                   after Deductible            after Deductible   after Deductible      after Deductible

     HOSPITAL                                                              You pay 20%                 You pay 40%        You pay 20%           You pay 40%
                                You pay 10%               No Coverage
     ADMISSION                                                           after Deductible            after Deductible   after Deductible      after Deductible

                                                                           You pay 20%                 You pay 40%        You pay 20%           You pay 40%
     INPATIENT SURGERY          You pay 10%               No Coverage
                                                                         after Deductible            after Deductible   after Deductible      after Deductible

     OUTPATIENT                                                            You pay 20%                 You pay 40%        You pay 20%           You pay 40%
                                You pay 10%               No Coverage
     SURGERY                                                             after Deductible            after Deductible   after Deductible      after Deductible

                                $100 copay,                $100 copay,     $100 copay,                 $100 copay,
     EMERGENCY                   then 10%;                  then 10%;       then 10%;                   then 10%;         You pay 20%           You pay 20%
     ROOM VISIT                Copay waived               Copay waived    Copay waived                Copay waived      after Deductible      after Deductible
                                if admitted                if admitted     if admitted                 if admitted

6     NXP Employee Benefits
YOUR NXP BENEFITS - NXP Semiconductors
BEHAVIORAL HEALTH                                          MATERNITY CARE PROGRAM
    While your physical health is important,                   The NXP Maternity Care Program is a confidential service provided by Aetna,
    your emotional well-being is equally                       and administered by registered nurse case managers, at no cost to you. The
    important. Under your behavioral health                    objective of the Maternity Care Program is to promote early treatment and healthy
    benefit, you are eligible for inpatient                    pregnancies. It offers expectant parents a comprehensive schedule of prenatal
    and outpatient care through your                           care, free information and baby-care supplies. Your regular benefit levels will
    medical plan (pre-authorization may                        apply to maternity care. To access personalized maternity support from
    be required). To locate a network                          Aetna call (800) 626-1987.
    provider for behavioral health services,
    visit aetna.com/docfind/custom/NXP
    or call Aetna Member services at
    (800) 626-1987.

    Prescription Medication Coverage Through CVS Caremark
    The table below reflects your share of the cost.

                                                                                                                                         MEDICAL SAVINGS PLAN
                                                           CHOICE PLUS PLAN                            CHOICE PLAN
                                                                                                                                              WITH HSA

     GENERIC MEDICATIONS                                                                                                              Generic preventive medications
                                                                                                                                         available at no cost; all
      30-DAY SUPPLY                                          You pay $5 Copay                         You pay $5 Copay
                                                                                                                                         other generics are 20%
      (SHORT-TERM SUPPLY)
                                                                                                                                             after deductible

      90-DAY SUPPLY
      (LONG-TERM SUPPLY OR                                  You pay $10 Copay                        You pay $10 Copay                 You pay 20% after Deductible
      MAINTENANCE MEDICATIONS)*

     PREFERRED BRAND-NAME
     MEDICATIONS                                        You pay 30% Coinsurance                  You pay 30% Coinsurance
                                                                                                                                       You pay 20% after Deductible
                                                                Max: $75                                 Max: $75
      30-DAY SUPPLY (SHORT-TERM)

      90-DAY SUPPLY (LONG-TERM)*                        You pay 30% Coinsurance                  You pay 30% Coinsurance
                                                                                                                                       You pay 20% after Deductible
                                                               Max: $175                                Max: $175

     NON-PREFERRED BRAND-NAME
     MEDICATIONS                                        You pay 50% Coinsurance                  You pay 50% Coinsurance
                                                                                                                                       You pay 20% after Deductible
                                                               Max: $100                                Max: $100
      30-DAY SUPPLY (SHORT-TERM)

      90-DAY SUPPLY (LONG-TERM)*                        You pay 50% Coinsurance                  You pay 50% Coinsurance
                                                                                                                                       You pay 20% after Deductible
                                                               Max: $250                                Max: $250
    Rx Note: You do not need to fill short-term prescriptions at a CVS pharmacy. Over 68,000 participating pharmacies nationwide accept CVS Caremark prescription coverage.
    * 90-day long-term or maintenance medications can be ordered by mail or picked up at a CVS pharmacy near you.

    Medical Plan Pay Period Contributions*

                                                                                                                                         MEDICAL SAVINGS PLAN
                                                           CHOICE PLUS PLAN                            CHOICE PLAN
                                                                                                                                              WITH HSA

     YOU ONLY                                                        $39                                      $23                                      $0

     YOU + SPOUSE/DOMESTIC PARTNER                                   $90                                      $ 51                                     $7

     YOU + CHILD(REN)                                                $82                                      $ 47                                     $5

     FAMILY                                                         $142                                      $ 81                                     $10
    *	A ll medical coverage contributions listed will increase $50 a month for each covered employee and/or spouse/domestic partner who uses tobacco. They will
      increase an additional $234 annually if you don’t complete your annual wellness screening and health risk questionnaire (see p. 11 for details). As a new hire you
      are automatically credited the $234 wellness incentive for the year in which you are hired.

7     NXP Employee Benefits
YOUR NXP BENEFITS - NXP Semiconductors
Health and Wellness

    PERSONAL NURSE ADVOCATE                                MEDICAL SAVINGS PLAN                               • You can use your HSA funds to
    When you have an ongoing health                        The Medical Savings Plan is a High-                  pay for qualified health care expenses
    condition, it’s important to have the                  Deductible Health Plan (HDHP) with a                 during the year, or save your account
    support and guidance you need to                       Health Savings Account (HSA). It covers the          for future health care needs.
    live your life fully. As part of your NXP              same medical services as the Choice and            • You will be issued a debit card to
    health benefits, registered nurses,                    Choice Plus Plans (including in-network              access funds from your HSA to pay
    called “Personal Health Advocates,”                    preventive care at 100%) and offers the              for qualified health care expenses.
    are available to help you. The Personal                same quality care and provider network.            • You own the funds in your HSA account,
    Health Advocate Service offers support                 You can see any provider you choose.                 even if you move to another employer.
    for a wide variety of medical conditions.              You pay for care you receive, including
                                                                                                              • The contributions to your HSA, and their
                                                           prescriptions, through your deductible
    Your Personal Health Advocate can                                                                           earnings, accumulate tax-free. Once your
                                                           and coinsurance. Your in-network
    help you:                                                                                                   HSA balance reaches $1,000, you may
                                                           preventive care and generic maintenance
    • Address your health care questions                  medications are available at no cost to you.
                                                                                                                invest your account for further growth.
      and concerns                                                                                            • And, if you use the funds solely for
                                                           What makes the Medical Savings Plan
    • Select hospitals and providers that are             different is that it includes funding for an
                                                                                                                qualified health care expenses, you
      right for your needs                                                                                      don’t ever owe taxes or penalties
                                                           HSA to pay for your medical expenses.                on the account.
    • Better understand your diagnosis and                NXP deposits money in your HSA to help
      treatment options                                    cover your deductibles and out-of-pocket           HSA Eligibility
    • Understand and support your doctor’s                expenses. Employees enrolled in you only           Since an HSA is a tax-advantaged account,
      plan of care                                         coverage will receive $500 and those who           certain restrictions apply, such as:
                                                           enroll dependents will receive $1,000 in
    • Stay healthy by recommending                                                                           • You can’t have medical coverage other
                                                           NXP contributions (or a prorated amount,
      preventive care and identifying your                                                                      than a High-Deductible Health Plan
                                                           depending on when you were hired).
      health risks                                                                                              (such as the Medical Savings Plan).
    • Promote self-management of targeted                 If you don’t expect to use your medical
                                                                                                              • You can’t be enrolled in Medicare
      chronic or complex conditions                        benefits much during the year, if you are
                                                           looking for a way to save on taxes, or               or another government-sponsored
    • Understand your medications and any                 want to save for retiree health care costs,          medical plan (such as TRICARE®).
      alternative options available to you                 this plan might be just what you’ve been           • You can’t be claimed as a dependent
    • Coordinate your services before,                    looking for. Especially since it’s free for          on someone else’s tax return.
      during and after a hospital stay                     you and only $10 per pay period for a              • You can’t use a traditional Health Care
    Best of all, this program is available at no           whole family.                                        Flexible Spending Account. You are
    cost to you! Call (800) 355-9263 to get                                                                     eligible, though, to use the Limited Use
    connected to personalized support from                 Key features of this unique health care              Flexible Spending Account (LUFSA) to
    your Personal Health Advocate today.                   savings vehicle:                                     cover out-of-pocket expenses for dental
                                                           • NXP funds the full employer                       and vision (see p. 10 for details).
                                                              contribution during the first week of
                                                                                                              • There are maximum annual contribution
                                                              the month after you complete your
                                                                                                                limits (see the box below).
                                                              enrollment. So it is available to you
                                                              almost immediately.                             • You’ll need to keep receipts to
                                                                                                                document that your HSA money is spent
                                                           • You can add to your HSA through                   on qualified health care expenses.
                                                             pre-tax deductions from your paycheck
                                                             (up to IRS limits).                              Want to learn more about the Medical
                                                                                                              Savings Plan?
                                                                                                              • Meet Alex—your virtual benefit advisor
    Important Numbers for the Medical Savings Plan                                                               at myalex.com/NXP/2016. Alex will
                                                              YOU ONLY                   FAMILY
                                                                                                                 ask you a few questions to better
                                                              COVERAGE                  COVERAGE                 understand your health care needs and
                                                                                                                 provide you with a comparison of how
     ANNUAL DEDUCTIBLE                                           $1,500                    $3,000                each plan works and which one could
     ANNUAL OUT-OF-POCKET MAXIMUM                                $5,000                    $6,850                be best for you.
                                                                                                              • Review the Medical Savings Plan User’s
     IRS HSA CONTRIBUTION LIMIT FOR 2016
                                                                 $3,350                     $6,750              Guide to help you understand what
     (INCLUDES NXP CONTRIBUTION)
                                                                                                                to expect from the plan. NXP.com/
                  Plus $1,000 catch-up contribution if age 50 or older by year-end                              files/company_information/benefits/
                                                                                                                HSAUserGuide.pdf.
     NXP HSA CONTRIBUTION*                                        $500                      $1,000
    * For new hires, the NXP HSA contribution is prorated based on the number of months during the year you
      are covered under the Medical Savings Plan.

8     NXP Employee Benefits
YOUR NXP BENEFITS - NXP Semiconductors
OUT-OF-AREA COVERAGE OPTION FOR NXP MEDICAL PLAN                                                   HEALTH CARE FLEXIBLE
    Out-of-area coverage is available to you only if you live in a location without access             SPENDING ACCOUNT
    to the Aetna network. Under this option, you and your covered dependents may                       If you elect to participate in the Health Care
    go to any provider, specialist or hospital you wish, provided you contact Aetna                    Flexible Spending Account (HCFSA), you can
    Care Management, as required. For coverage details visit the Medical Page at                       contribute up to $2,500 in pre-tax income
    NXP.com/benefits. If you are unsure whether you live in an Aetna location,                         for qualified expense reimbursements.
    contact NXP Rewards Customer Service at (888) 375-2367.
                                                                                                       • Any money contributed must be used for
    VISION CARE SERVICES                                                                                 expenses incurred in the same calendar
                                                                                                         year in accordance with IRS guidelines.
    NXP Vision Plan
    Routine eye care services are included in the NXP vision plan for you and your covered
                                                                                                       • You can roll over up to $500 of unused
                                                                                                         HCFSA funds from year to year. Any
    dependents. Services include comprehensive vision examinations, and prescription
                                                                                                         unused HCFSA funds above $500 at
    eyeglasses (lenses and frames) or contact lenses. To take advantage of the Vision Plan,
                                                                                                         the end of the year are forfeited.
    you simply enroll yourself and your eligible dependents. Then see a VSP Choice network
    doctor or affiliate provider and pay your share of the cost, as described in the chart             • You can change your HCFSA choices
    shown below.                                                                                         during Annual Enrollment or within
                                                                                                         30 days of a qualifying life event.
    When you see a VSP Choice Plan network doctor or affiliate provider, you get the most
    value from your vision plan benefits. VSP offers two convenient ways to locate these               • Visit irs.gov for a complete list of covered
    providers near your home or work.                                                                    expenses. Refer to Publication 502,
                                                                                                         Health Care Expenses.
    Visit VSP.com. Once you register and create a username and password, you can search
                                                                                                       • Take advantage of streamlined
    for a VSP Choice network doctor or affiliate provider by name or location. Or, call VSP’s
                                                                                                         reimbursement of health care claims.
    Member Services (800) 877‑7195.
                                                                                                         You can have eligible expenses auto-
                                                                                                         submitted for NXP medical, pharmacy,
    VISION CARE SERVICES THROUGH VSP                                                                     dental and vision plans for payment
    NXP’s vision plan uses the VSP Choice Network.                                                       from the HCFSA, saving you time.

         SERVICE                        COPAY                               FREQUENCY
                                                                                                       • If auto-reimbursement doesn’t work
                                                                                                         for you, you can elect use of a debit
     VISION                                                                                              card to cover eligible expenses.
                                          $10                           Every calendar year
     EXAMINATION
                                                                                                       • And, you can download the Your
     PRESCRIPTION                                                                                        Spending Account™ (YSA) Reimburse
                                          $10                           See frame and lenses
     GLASSES                                                                                             Me app to view your account balance
                        Included in prescription glasses copay;                                          and submit or check the status of a claim
                        $150 allowance for a wide selection of                                           from your mobile device.
     FRAMES             frames; $170 allowance for featured           Every other calendar year
                        frame brands; 20% savings on the                                               EMPLOYEE ASSISTANCE
                        amount over your allowance
                                                                                                       PROGRAM
     LENSES                                                                                            When you need help balancing the
                        Included in prescription glasses copay          Every calendar year
                                                                                                       demands of work, life and personal issues,
                                                                                                       contact Resources for Living, NXP’s
     CONTACTS           $150 allowance for contacts and                                                Employee Assistance Program (EAP)
                        contact lens exam (fitting and                                                 at (866) 702-7435 or by visiting
     (INSTEAD OF                                                        Every calendar year
                        evaluation); 15% savings on a contact                                          resourcesforliving.com (Username: NXP,
     GLASSES)           lens exam (fitting and evaluation)
                                                                                                       Password: member).
                        Average 15% off the regular price                                              These benefits include:
     LASER VISION       or 5% off the promotional price;
                                                                             As needed
     CORRECTION         discounts only available from                                                  • Confidential access to a licensed
                        contracted facilities                                                            counselor, 24/7
                                                                    YOU +                              • Up to four (4) EAP sessions per person,
     VISION PLAN
                                                                   SPOUSE/   YOU +                       per issue, per year
      PAY PERIOD                      YOU ONLY                                        FAMILY
                                                                  DOMESTIC CHILD(REN)                  • Unlimited telephone access to clinicians
    CONTRIBUTIONS
                                                                  PARTNER
                                                                                                         and workplace support services
     EMPLOYEES                           $2.83                      $5.69        $6.02         $9.63   • Use of a customized network of
                                                                                                         EAP providers and prescreened
                                                                                                         community resources

9     NXP Employee Benefits
YOUR NXP BENEFITS - NXP Semiconductors
Health and Wellness

     DEPENDENT CARE FLEXIBLE                      NXP DENTAL PLAN
     SPENDING ACCOUNT                             The NXP dental plan offers you and your family preventive, restorative and orthodontic
     The Dependent Care Flexible Spending         services. While you do not have to visit a MetLife PDP Plus network dentist to receive
     Account (DCFSA) lets you put away            dental benefits, you can take advantage of negotiated rates and increased savings by
     money—tax-free—for eligible dependent        seeing a MetLife PDP Plus network provider.
     care expenses. As a DCFSA participant,       The table below reflects your share of the cost.
     you can contribute up to $5,000 in
     pre-tax contributions for qualified
     dependent care expense reimbursements.        SERVICE                  COVERAGE LEVEL
     Any money contributed to this account         PREVENTIVE
                                                                            Covered at 100% of negotiated fees, no deductible
     must be used for expenses incurred in         SERVICES
     the same calendar year or the money
     is forfeited.                                 BASIC DENTAL             You pay 20% of negotiated fees, after you’ve satisfied
                                                   SERVICES                 the deductible requirement
     You can change your DCFSA options
     during Annual Enrollment or within            MAJOR DENTAL             You pay 50% of negotiated fees, after you’ve satisfied the
     30 days of a qualifying life event.           SERVICES                 deductible requirement
     Eligible DCFSA expenses include:              DEDUCTIBLE               $100 per person per calendar year, up to $300 for family
     •    qualified child or elder care center
         A
                                                   ANNUAL
     •   A babysitter or nanny                     MAXIMUM
                                                                            $2,000 annual maximum (per covered person)
     •   After-school care
     •   Registration fees                         AGGREGATE
                                                                            $2,000 lifetime maximum for orthodontics
     •   Nursery school tuition                    LIFETIME
                                                                            (per covered person)
                                                   MAXIMUM
     •   A relative who provides care
     Visit Your Spending Account at               The annual maximum benefit for preventive, basic and major services is $2,000
     NXP.com/rewards and irs.gov                  per year, per person. Your dental benefits include two exams and two cleanings
     Publication 503 for a complete               each year, x-rays (subject to certain limits) and more. For most other dental services,
     list of covered eligible dependent           benefits begin after you meet the annual deductible ($100 for you only; $300 for all
     care expenses.                               other coverage levels).

     LIMITED USE FLEXIBLE                         To find a network dentist, visit MetLife.com/dental and review the PDP Plus provider
                                                  listing.
     SPENDING ACCOUNT
     The Limited Use FSA (LUFSA) is available     Dental Plan Pay Period Contributions
     if you are enrolled in the Medical Savings
     Plan. Participating in an LUFSA helps you     YOU ONLY                          $4.15
     maximize the amount you can save              YOU + SPOUSE/DOMESTIC
     pre-tax for dental and vision expenses.                                         $8.77
                                                   PARTNER
     You can contribute up to $2,500 in pre-
     tax contributions for eligible dental and     YOU + CHILD(REN)                  $9.23
     vision expenses. There are limits on the
                                                   FAMILY                            $14.31
     expenses you may submit to your LUFSA.
     Enroll and maximize your tax advantage if:
     • You’re expecting to incur significant
         dental and/or vision expenses.
     • You don’t want to use your HSA
         for dental and vision care expenses.
     Similar to the HCFSA, you can roll over up
     to $500 of unused LUFSA funds from year
     to year. Any unused LUFSA funds above
     $500 at the end of year are forfeited.
     You can change your LUFSA options
     during Annual Enrollment or within
     30 days of a qualifying life event.
     Visit irs.gov for a complete list of
     covered expenses. Refer to Publication
     502, Health Care Expenses.

10       NXP Employee Benefits
WELLNESS PROGRAM                              Preventive Care
     You receive numerous benefits to help         Staying healthy is the best way to keep
     you take charge of your well-being.           your medical costs down. That’s why
                                                   several convenient preventive care
     Wellness Reimbursement                        options are available to you, including:
     You are eligible to receive up to             •   No cost flu shots
     $240 (less applicable taxes) per year
     for wellness reimbursement toward
                                                   •   24-hour Aetna Nurseline
     achieving good health. Examples include       •   Onsite health screenings
     a membership to a fitness center,             •   Mammograms
     including NXP Activity Centers (where
                                                   In addition to the care noted above,
     available), or participation in approved
                                                   in-network preventive care coverage
     fitness, sports and health education-
                                                   is available through Aetna at no cost.
     related activities. For more information,
                                                   This includes routine screenings,
     review the details on NXP.com/rewards
                                                   checkups and generic contraceptives.
     under Your Spending Account.
                                                   It also includes counseling to help you
     NXP Activity Center Membership                prevent illness, disease or other health
                                                   problems. For details, visit aetna.com.
     Many of our NXP sites offer onsite
     fitness facilities. Use your $240             AIG Business Travel Assist SM
     wellness reimbursement to cover
                                                   When you have to travel across
     your membership. Contact your local
                                                   the country or around the world,
     activity center for more information.
                                                   the following assistance is available:
     The contact information for the NXP
     Activity Centers is on p. 19 of this guide.   •   Immunization advice                    TOBACCO CESSATION
                                                   •   Health and safety travel advisories    One of the biggest steps you can
                                                   •   Medical assistance while traveling     take to improve your health is to quit
                                                   •   Additional travel resources           using tobacco products. If you are
                                                                                              tobacco-free or enrolled in a tobacco
                                                   Call (877) 244-6871 to learn more.         cessation program, you can save on
                                                                                              medical and life insurance premiums. In
                                                                                              addition, nicotine replacement therapy
                                                                                              is provided at no cost with a physician
                                                                                              prescription. Visit caremark.com or call
                                                                                              (877) 505-8360 for information. You can
                                                                                              also access free counseling through
                                                                                              Aetna EAP at resourcesforliving.com
                                                                                              (Username: NXP, Password: member)
                                                                                              and online tobacco cessation program
                                                                                              materials at aetna.com and caremark.com.

                                                                                              KNOW YOUR NUMBERS WITH
                                                                                              AN NXP WELLNESS SCREENING
                                                                                              Your steps toward wellness can be
                                                                                              advantageous to you both physically
                                                                                              and financially. If you participate in an
                                                                                              NXP wellness screening in 2016, you’ll
                                                                                              be rewarded by not only feeling better,
                                                                                              but with reduced medical premiums in
                                                                                              2017. You can schedule your screening
                                                                                              onsite at NXP in the spring or summer
                                                                                              screening sessions, at your physician’s
                                                                                              office or at a lab facility.

11     NXP Employee Benefits
DI SAB ILIT Y AND LIFE I NSUR ANCE
     DISABILITY INSURANCE                           BASIC LIFE INSURANCE                              Grief Counseling
     NXP provides you with short-term               Any NXP employee who is scheduled to              This service is through MetLife, and is
     disability insurance. This valuable benefit    work at least 20 hours per week will receive      designed to assist you, your dependents
     can replace a portion of your income for       life insurance in the amount of one times         and your beneficiaries with any situation
     injuries or illnesses that keep you out of     their annual eligible compensation, rounded       you perceive as a major loss. Call
     work up to 180 days. Under the NXP short-      up to the nearest $100. Basic life insurance is   (855) 609-9989 to speak to a licensed
     term disability policy, you may receive:       paid for by NXP—there is no charge to you.        professional counselor.
     • Benefits starting on the eighth calendar    As a participant in the basic life insurance      Travel Assistance
       day after you become disabled                program, you have access to the following
                                                                                                        AXA Assistance provides travel assistance
     • 75% of your eligible compensation for       valuable tools and resources:
                                                                                                        to employees and their families when
       the first 90 calendar days (or 65 business                                                       traveling for business or pleasure.
                                                    Online Will Preparation Service
       days, whichever is less)                                                                         Call (800) 454-3679 or visit
                                                    An interactive resource provided through
     • 60% of your eligible compensation for                                                           webcorp.axa-assistance.com
                                                    MetLife will assist you in preparing a will,
       the next 90 calendar days (or 65 business                                                        (Username: axa Password: travelassist)
                                                    living will or power of attorney. For more
       days, whichever is less)
                                                    information, visit willscenter.com.               Business Travel Accident and Accidental
      ou can elect to take advantage of the
     Y
                                                                                                      Death and Dismemberment Insurance
     short-term disability buy-up option to         Delivering the Promise
     increase your benefit. This option:                                                              In addition to basic life insurance, NXP
                                                    A service designed to help beneficiaries sort
                                                                                                      also provides you with extra protection
     • Provides an additional 15%                  through the details and serious questions
                                                                                                      in case of accidental death, dismemberment
       of income replacement                        regarding life insurance claims and future
                                                                                                      or other accident while traveling for
                                                    financial needs. MetLife representatives
     • Costs $0.19 per $100 of covered                                                               business. There is no cost to you for this
                                                    are available to provide in-person or
       compensation                                                                                   program and no need to enroll. Coverage
                                                    telephone assistance to beneficiaries and
     Short-term disability buy-up can be                                                              is provided under two separate plans:
                                                    their family members, in such areas as:
     changed only during Annual Enrollment.                                                           the Accidental Death and Dismemberment
                                                    • Filing life insurance claims and               (AD&D) Insurance Plan and the Business
     Long-term disability is available after          government benefits                             Travel Accident (BTA) Insurance Plan.
     180 days of disability at no cost to you.
     You receive 60% of your base salary,           • Locating grief counseling and                  You’ll see your specific coverage levels
                                                      support resources                               at NXP.com/rewards.
     up to $10,000 per month. California
     benefits will vary based on state laws.        • Identifying important issues, including
                                                      outstanding documents that need
                                                      to be updated
                                                    • Planning for current and future
                                                      financial needs

12     NXP Employee Benefits
DI SAB ILIT Y AND LIFE I NSUR ANCE
     SUPPLEMENTAL LIFE INSURANCE                                        DEPENDENT LIFE INSURANCE
     To increase the amount of your life insurance, you may enroll in   You may also elect optional life insurance coverage for your
     supplemental life insurance.                                       spouse/domestic partner and child(ren).
     The cost of this optional coverage is based on your age, your      Spouse/Domestic Partner Life Insurance
     salary and tobacco use (see chart below).                          You have a choice of spouse/domestic partner life insurance
                                                                        benefit levels, up to $250,000 or the level of your combined
     You can elect supplemental life insurance coverage of one
                                                                        basic life and supplemental life coverage, whichever is less.
     to eight times your annual eligible earnings, up to $1,500,000.
     Depending on the coverage you select, you may be required          Spouse/Domestic Partner Life Insurance Coverage Options:
     to provide evidence of insurability, which could include a
                                                                        • $25,000              • $100,000              • $200,000
     physical exam.
                                                                        • $50,000              • $150,000              • $250,000
     Employees enrolling in supplemental life will have access to
     Estate Resolution and Will Preparation Services, listed below,     Child Life Insurance
     as well as the tools and resources shown on p. 12 under Basic      Life insurance coverage for children is available at a fixed
     Life Insurance.                                                    level of $15,000, with no requirement to provide evidence of
                                                                        insurability. All of your eligible children will be included in this
     Supplemental Life Insurance Monthly Contributions                  coverage, with no increase in contribution.
     (cost per $1,000 of coverage)
                                                                        Spouse/Domestic Partner Life Insurance Monthly Contributions
              AGE              NON-TOBACCO               TOBACCO        (cost per $1,000 of coverage)
            Under 30                $0.032                 $0.047
                                                                                 AGE               NON-TOBACCO               TOBACCO
             30–34                  $0.038                 $0.056
                                                                               Under 30                $0.032                 $0.047
             35–39                  $0.045                 $0.063
                                                                                30–34                  $0.038                 $0.056
             40–44                  $0.058                 $0.097
                                                                                35–39                  $0.045                 $0.063
             45–49                  $0.098                 $0.150
                                                                                40–44                  $0.058                 $0.097
             50–54                  $0.153                 $0.230
                                                                                45–49                  $0.098                 $0.150
             55–59                  $0.255                 $0.432
                                                                                50–54                  $0.153                 $0.230
             60–64                  $0.333                 $0.674
                                                                                55–59                  $0.255                 $0.432
             65–69                  $0.400                 $1.210
                                                                                60–64                  $0.333                 $0.674
           70 and up                $0.400                 $2.060
                                                                                65–69                  $0.400                 $1.210

     Estate Resolution Services                                               70 and up                $0.400                 $2.060
     Estate representatives have access to legal services related to
     probating an estate, including:
                                                                        Child Life Insurance Monthly Contribution
     • F ace-to-face consultations
     • Documentation preparation and representation at court                   COVERAGE LEVEL
       proceedings
                                                                                     $15,000                             $2.05
     • Correspondence and tax filings
     Call Hyatt Legal Plans at (800) 821-6400 for more information.

      ill Preparation Services
     W
     Meet face-to-face with an attorney to complete the process
     of creating or updating a will, including complex wills and
     supplements to a will, for both employees and their spouses.
     Call Hyatt Legal Plans at (800) 821-6400 to get started.

13     NXP Employee Benefits
WORK AND LIFE BAL ANCE
     RESOURCES FOR LIVING                             LEGAL ASSISTANCE PLAN
     Resources for Living offers support for          NXP’s Legal Assistance Plan, administered by Hyatt Legal, offers you and your family easy and
     all aspects of your life. The resource and       low-cost access to attorneys for advice and consultation on a variety of personal legal issues.
     referral program has a wide range of tools,      When you use a Hyatt network attorney for covered services, all attorney fees are covered
     resources and information to help you            by the legal plan. There is no limit to the number of covered services, including telephone
     better manage your work and personal             advice, office consultations and beginning-to-end trial representation, you can receive as long
     life. A call connects you with a trained         as you remain enrolled in the plan. Below is a brief list of covered services:
     specialist who can provide assistance
     with child care and elder care services,         •   Family & Personal
     education or caring for yourself or your         •   Money Matters
     home. Resources for Living topics and            •   Vehicle & Driving
     services include:
                                                      •   Home & Real Estate Matters
     Child Care and Parenting: Locate resources
                                                      •   Civil Lawsuits
     within your budget and near your home
                                                      •   Wills, Estate and Future Planning
     Family: Receive educational kits with free
     products and information for children and        •   Elder-care
     elderly parents                                  Please note: Some matters, including employment-related matters, are excluded.
     Education: View online seminars on               The plan includes coverage for yourself, your spouse/domestic partner and your dependents.
     a variety of topics                              The cost is $16.50 per month paid via after-tax payroll deductions.
     Financial Resources: Review tips on how to       To learn more, visit the Hyatt Legal information center at info.legalplans.com
     maximize your savings and increase wealth        (Access code: NXP). Or, call the Hyatt Legal Client Service Center at (800) 821-6400.
     Daily Life: Discover useful tips and resources
                                                      TIME AWAY PROGRAM
     For more information on this valuable
                                                      NXP has a Paid Time Off (PTO) Program, which gives you a bank of time—based on your NXP
     service, visit resourcesforliving.com,
                                                      service—to use for any purpose.
     (Username: NXP, Password: member).
                                                      With PTO, your vacation and sick days are combined, so you can take time off when you need
     If you have any questions, call
                                                      to—regardless of the reason. This approach gives you more flexibility in balancing the demands
     (866) 702-7435.
                                                      of work and family life. You can use PTO days for a variety of situations, including caring for a sick
                                                      child, taking your dog to the vet, chaperoning a school trip—or an occasional personal day.
     ADOPTION ASSISTANCE
     At NXP, you are eligible to receive              If You Live Outside of California
     reimbursement of up to $8,000 per                Full-time active employees are credited with PTO on the 10th day of each month, as follows:
     child in eligible adoption expenses.
     Eligible Expenses Include:
                                                       Years of Service               PTO Monthly Accruals                PTO Annual Accruals
     •   Public or private adoption agency fees
     •   Foreign and international adoption fees      First Year through Year 7      1.83 PTO Days (14.67 hours)         22 PTO Days (176 hours)
     •   Legal fees associated with an adoption
                                                       Years 8 – 14                   2.25 PTO Days (18 hours)            27 PTO Days (216 hours)
     •   Court fees associated with an adoption
                                                       Years 15 and beyond            2.67 PTO Days (21.34 hours)         32 PTO Days (256 hours)
     •    gency or legal fees associated
         A
         with temporary foster care
                                                      If You Live in California
     eDEALS                                           PTO is handled differently in California, as shown in the chart below, so if you live in California,
     eDeals is an online discount program             make sure and go to NXP.com/benefits and click on the Time Away Benefits link for details.
     for perks to enhance your lifestyle. This
     employee purchasing program gives you
     access to exclusive shopping events and                                          PTO Monthly        PTO Annual        PTO Maximum Accruals
                                                       Years of Service
     one-of-a-kind discounts on thousands                                             Accruals           Accruals          (PTO CAP)
     of brand-name products and services.
     With eDeals, you can save on almost                                              1.83 PTO Days      22 PTO Days
     ever ything—groceries, movies,                    First Year through Year 7                                           33 PTO Days (264 hours)
                                                                                      (14.67 hours)      (176 hours)
     appliances, cars, clothes, electronics,
     vacations and personal care. To                                                  2.25 PTO Days      27 PTO Days
                                                       Years 8 – 14                                                        40.5 PTO Days (324 hours)
     access your NXP discounts visit                                                  (18 hours)         (216 hours)
     NXP.corporateperks.com/login.
                                                       Years 15                       2.67 PTO Days      32 PTO Days
     Use your @NXP.com email address                                                                                       48 PTO Days (384 hours)
                                                       and beyond                     (21.34 hours)      (256 hours)
     and the password “perks” to register.

14       NXP Employee Benefits
Savings and Wealth

                             4 01(K ) R ETI R EMENT PL AN
                             Features of the Plan                          Investment Options
                             • Immediate eligibility and automatic         You decide how to invest your 401(k)
                               enrollment                                  funds. Your account balance includes
                             • Company match                               your contributions and any contributions
                                                                           made by NXP, adjusted for any
                             • Pre-tax and/or Roth (after-tax)
NXP’s 401(k) Retirement          employee contributions
                                                                           investment returns or losses.

                             • Auto-escalation feature allowing           As with any investment, there are no
Plan is designed to help                                                   guarantees. Each of the funds described on
                                 you to automatically increase your
you build your wealth            contributions by 1% or more each year     the following page is subject to fluctuations
                                                                           in value as financial markets respond to
through long-term savings,   •   Catch-up employee contributions           economic, social and political conditions.
                             •   Immediate vesting
and accumulate the funds     •   A choice of investment options
                                                                           • You may invest in your 401(k) on a
                                                                             pre-tax and/or Roth (after-tax) basis.
you’ll need when you’re      •   L oans or hardship withdrawals when      • You can change your investment
no longer working.                you need access to your money while
                                  still working at NXP
                                                                             election or transfer balances between
                                                                             investment funds at any time, within the
                                                                             trading policy guidelines.
                             Participating in the Plan
                                                                           • You can elect to automatically rebalance
                             • You’re automatically enrolled to
                                                                             your portfolio every 90 days with the
                                contribute 5% of your eligible
                                                                             auto-rebalance feature.
                                compensation unless you elect to
                                change your contribution amount or         • You can find more information about
                                choose not to participate within the         the plan investment options, including
                                first 30 days of your employment.            the trading policy and performance
                                Certain individuals (e.g., contractors,      history of the investment funds, at
                                consultants or leased employees) are         NXP.com/rewards.
                                not eligible to participate in the plan.
                                                                           Self-Directed Brokerage Account
                             • You may contribute up to 75% of your
                                                                           You may invest a portion of your 401(k)
                                 eligible compensation, not to exceed
                                                                            account balance in the self-directed
                                 the IRS limit of $18,000 for 2016.
                                                                            brokerage account through Hewitt
                             • If you’re age 50 or older during the        Financial Services. Features of this
                                 plan year, you may make catch-up           account include:
                                 contributions of up to $6,000.
                                                                           • You can invest in a broad range of
                             • You’ll have continuous access to your        securities, including individual company
                                 account statements. To see how your         stocks and mutual funds from more than
                                 accounts/investments are performing,        300 fund families.
                                 visit NXP.com/rewards.
                                                                           • Your cost is $20 each quarter, plus
                             NXP Matching Contribution                       trading fees.
                             NXP will match your personal                  • You will have access to mutual fund
                             contributions, dollar for dollar, up            analysis from Lipper, as well as mutual
                             to 5% of your eligible compensation.            fund and stock search tools.
                             And, you’re immediately vested in
                             the NXP company match.                        Loans and Withdrawals
                                                                           Although the purpose of the 401(k) is to
                             Let’s say you contribute 5% ($2,500)
                                                                            help you save for retirement, loans and,
                             of your $50,000 salary to your 401(k).
                                                                            under some circumstances, withdrawals,
                             NXP will match your $2,500 dollar for
                                                                            are available to help you meet your
                             dollar (or another $2,500) for a total
                                                                            financial needs.
                             annual contribution of $5,000 (yours
                             and NXP’s).                                   • You may have only one loan from the
                                                                             Plan at a time.
                                                                           • The minimum loan amount is $1,000.

15   NXP Employee Benefits
• The maximum loan amount is 50% of        Investment Options
       your vested account balance or $50,000
       minus your highest outstanding loan        FUND             NXP INVESTMENT FUND DESCRIPTION                                RISK
       balance in the preceding 12 months,
       whichever is less.                         Stable Value     Combination of short-term, fixed-income securities such        LOWEST
                                                                   as U.S. Treasury bills, guaranteed insurance contracts and
     • There is a $50 fee for each new loan.                      bank investment contracts. Seeks growth through short-
       You repay yourself, with interest,                          term income.
       at the prime rate + 0.5%, through
       payroll deductions.                        Intermediate     Combination of U.S. Treasury bills, certificates of deposit,
                                                  Bond             corporate bonds, government bonds, mortgage and asset
     • You can read more about taking a loan                      backed securities. Seeks long-term growth through short-
       or withdrawal at NXP.com/rewards.                           to long-term income.

     Access to Your Money                         Global Bond      Consists of a range of fixed income sectors, including
                                                                   global investment grade and high yield corporates,
     You have various payment options to                           emerging market debt and other global credit spread
     receive your account balance when you                         sectors. Seeks long-term growth through intermediate
     leave NXP.                                                    to longer-term income.
     You can receive all or a portion of          Balanced Fund    Combination of stocks, bonds and cash equivalents.
     your account balance in a lump sum,                           Seeks long-term growth through capital appreciation
     roll over into another tax-qualified                          and income.
     employer’s plan, or roll over into a
     traditional or Roth individual retirement    Large Company    A diversified portfolio of large company common stocks,
                                                  Value            with potential to provide dividend income and some
     account (IRA).
                                                                   capital appreciation through value-oriented stocks.
     You can read more about your payment
                                                  S&P 500 Index    Contains large company domestic common stocks seeking
     options and request payments at
                                                                   to replicate the S&P 500 Index.
     NXP.com/rewards.
                                                  Large Company    A diversified portfolio of large company common stocks
     Additional Resources                         Growth           that seeks to provide some capital appreciation through
     • GuidedChoice®, an independent                              growth-oriented stocks.
        investment advice service, can help       International    Equity securities of non-U.S. common stock with
        you plan for retirement by using their    Value            potential of providing dividend income and some capital
        online application, GuidedSavingsSM,                       appreciation through value-oriented stocks.
        a personalized advisory service that
        can help you decide how much to save      International    Contains equity securities of non-U.S. common stocks
                                                  Stock Index      seeking to replicate the FTSE All Cap Global ex US Index.
        and which funds to invest in to meet
        your retirement income goals.             International    Equity securities of non-U.S. common stock with
     	Advice is free or you also have the        Growth           potential of providing capital appreciation through
       option of selecting the managed                             growth-oriented stocks.
       account service for a reasonable fee.      Small/Mid        Combination of two investment managers investing
     	GuidedChoice also provides a               Company Value    in mid and small company common stocks that seek
       retirement income solution through                          to provide dividend and capital appreciation through
       its GuidedSpending SM service.                              value-oriented stocks.
       GuidedSpending is an online advisory       Small/Mid        Contains small and mid-sized company domestic stocks
       resource that answers the question         Company Index    seeking to replicate the S&P Completion Index.
       of how much you can spend per
       month in retirement, and provides          Small/Mid        Combination of two investment managers investing in mid
                                                  Company Growth   and small company common stocks that seeks to provide
       a tax-efficient withdrawal strategy.
                                                                   capital appreciation through growth-oriented stocks.
     	For more information, visit                Emerging         A diversified portfolio of international common stocks
       NXP.com/rewards.                           Market Stock     solely invested in emerging market countries that seeks
                                                                   to provide capital appreciation through emerging market
     • Aon Hewitt’s Personal Finance                              value-oriented stocks.
       Center provides financial education
       to help you make decisions for your        Self-Directed    Provides the opportunity to invest in a broad range
                                                  Brokerage        of investments including individual stocks and access          HIGHEST
       financial future. Some topics include
                                                  Account          to mutual funds from nearly 300 fund families.
       retirement savings, education saving
       and managing debt. Get more
       information at NXP.com/rewards
       or call (888) 375-2367.

16     NXP Employee Benefits
Savings and Wealth

     SHAR E SUCCESS PL AN
     The NXP Share Success Plan is an                   • The contribution rate percentage
     Employee Stock Purchase Plan (ESPP)                  is withheld each pay period.
     that allows employees to purchase NXP              • NXP designates E*TRADE to administer
     stock at a 15% discount. The purchase                participant accounts online and provide
     price will be 85% of the closing price of            brokerage services. All shares purchased
     NXP stock on the last trading day.
     By enrolling through payroll deductions,
                                                          will be deposited in the participant’s
                                                          online E*TRADE account.
                                                                                                                             Share
     you can have purchases made twice a                • The Plan provides for “Automatic                                      SUCCESS
     year and can build your wealth through               Enrollment” from Savings Period
     ownership of NXP stock.                              to Savings Period—meaning that
                                                          participation continues at the same
     Plan Eligibility
                                                          contribution percentage (%) rate for
     Generally, all regular full-time and part-           consecutive Savings Periods, until a
     time employees of NXP or one of its                  participant withdraws or suspends
     group companies are eligible to enroll.              their participation. This is also referred             At the end of the Savings Period,
     Temporary employees, contractors and                 to as an “Evergreen Election.”                         the savings you have accumulated
     executives are not eligible.
                                                        • Participants may suspend saving                       over the six-month period are used
                                                          contributions during a Savings Period                  to purchase NXP shares at a 15%
     Participating in the Plan                                                                                   discount. The maximum saving
                                                          by notifying E*TRADE at least 15 days
     • You can enroll during the months of                                                                      amount per calendar year—allowed
                                                          prior to the next payroll withholding
        January and July for the upcoming                                                                        by tax laws governing this plan—
                                                          date. Previous savings may still be
        Savings Period.                                                                                          is $21,250 USD.
                                                          applied toward the purchase.
     • Employees who become eligible to
                                                        • Participants may withdraw at any time                 This means that with the 15%
       enroll after the end of an enrollment                                                                     discount in the purchase price, you
                                                          during a Savings Period, stopping
       period must wait to enroll in the next                                                                    can purchase up to $25,000 USD of
                                                          payroll deductions and canceling any
       six-month Savings Period.                                                                                 NXP stock value for 85% of the cost.
                                                          purchase possibilities for that Savings
     • You can elect to save a percentage                Period. All savings withheld for that                  There is no requirement in the Plan
       of your gross (pre-tax) base salary                period will be refunded. Withdrawals                   to own the stock for any length of
       through payroll deductions. This                   must be made at least 15 days prior                    time before you sell or dispose of it.
       contribution rate can be from 2%                   to the Purchase Date by notifying                      However, to take advantage of any
       to 10% of your base salary, and cannot             E*TRADE.                                               favorable capital gains tax rates, stock
       be increased or decreased during the
                                                        • Upon suspension or withdrawal, you                    typically does need to be held for a
       Savings Period.
                                                          will not be automatically re-enrolled                  specified period of time to qualify
                                                          for the next Savings Period.                           for lower capital gains tax rates.
                                                                                                                 Please confer with your personal tax
                                                                                                                 advisor about the Plan.

     SAVI NGS PER I ODS
     There are two Savings Periods every year, each lasting six                    Initial participation begins the first full six-month Savings
     calendar months:                                                              Period following eligibility qualification. There is no
             1) March to August                                                    minimum service requirement. Withholding amounts
             2) September to February                                              are applied to purchase NXP shares twice a year.

                                            SAVINGS PERIOD 1                                                  SAVINGS PERIOD 2

         JAN         FEB    MAR       APR         MAY     JUN       JUL          AUG              SEP   OCT     NOV     DEC        JAN           FEB

                                                                                       Purchase                                                       Purchase
        Enrollment                                                Enrollment             Date                                    Enrollment             Date
          Period                                                    Period     Withdrawal                                          Period     Withdrawal
                                                                               cut off data                                                   cut off data

17     NXP Employee Benefits
You can also read