Yes, watir default is 30 seconds, so likely that line is setting it to 10.
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The automation code in our project uses PageObject and yesterday's nightly
build shows a failure.
[31m timed out after 10 seconds, waiting for true condition on
#"slide-dialog-container-cart-page",
:tag_name=>"div"}> (Watir::Wait::TimeoutError) [0m
On checking hooks I found a statement