Missouri Long Term Incentive Plan of Sierra Health Services, Inc.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• Control #: US-CC-18-289B
• Format: Word; Rich Text

Description

18-289B 18-289B . . . Long-Term Incentive Plan under which Compensation Committee can grant incentive stock options, (b) Non-qualified Stock Options, (c) reload options (which entitle optionee, upon exercise of a stock option through delivery of previously owned shares, to automatically be granted, on date of such exercise, a new stock option (i) for a number of shares of common stock not exceeding number of shares delivered in payment of option price of original option, (ii) having an option price not less than fair market value of common stock on date of grant of reload option, (iii) having an expiration date not later than expiration date of original option, and (iv) otherwise having terms permissible for an original grant of a stock option under Plan), (d) stock appreciation rights, (e) Restricted Stock, (f) Deferred Stock, (g) Bonus Stock, (h) awards in lieu of cash obligations, and (i) other Stock-based awards, all of which may, in discretion of committee, be granted either alone or in addition to, in tandem with, or in substitution for, any other award granted under the Plan or any award granted under any other Plan The Missouri Long Term Incentive Plan (TIP) is a rewards program offered by Sierra Health Services, Inc., a leading healthcare provider in the state of Missouri. This plan is designed to provide long-term incentives and motivation to employees, aligning their interests with the success of the company. By offering various types of incentives, the Missouri TIP aims to retain top talent, increase productivity, and drive overall organizational performance. One type of Missouri TIP offered by Sierra Health Services, Inc. is the Performance-Based Incentive Plan. This plan allows employees to earn rewards based on their individual or team performance, such as meeting specific goals or exceeding performance targets. Through this plan, employees are encouraged to excel in their roles, contributing to the growth and success of the company. Another type of Missouri TIP offered by Sierra Health Services, Inc. is the Stock Option Plan. Under this plan, eligible employees are granted the opportunity to purchase company stock at a predetermined price. As the stock's value increases over time, employees can experience financial gains, enhancing their commitment and dedication to the organization. Sierra Health Services, Inc. also offers a Retention Bonus Plan as part of the Missouri TIP. This plan aims to retain key employees and critical talent by providing a monetary bonus after a specified period of service or accomplishment of certain milestones. This helps Sierra Health Services, Inc. cultivate a stable workforce and reduce turnover, ensuring continuity in providing quality healthcare services. Furthermore, the Missouri TIP may include a Profit-Sharing Plan. This plan distributes a portion of the company's profits among employees, serving as an incentive to work collectively towards maximizing financial performance. By sharing in the success of the organization, employees feel more valued, motivated, and engaged in their work. In conclusion, Sierra Health Services, Inc.'s Missouri Long Term Incentive Plan encompasses various programs such as the Performance-Based Incentive Plan, Stock Option Plan, Retention Bonus Plan, and Profit-Sharing Plan. Through these different incentive mechanisms, Sierra Health Services, Inc. aims to foster employee loyalty, performance, and ultimately contribute to the long-term success of the organization in delivering exceptional healthcare services in Missouri.

The Missouri Long Term Incentive Plan (TIP) is a rewards program offered by Sierra Health Services, Inc., a leading healthcare provider in the state of Missouri. This plan is designed to provide long-term incentives and motivation to employees, aligning their interests with the success of the company. By offering various types of incentives, the Missouri TIP aims to retain top talent, increase productivity, and drive overall organizational performance. One type of Missouri TIP offered by Sierra Health Services, Inc. is the Performance-Based Incentive Plan. This plan allows employees to earn rewards based on their individual or team performance, such as meeting specific goals or exceeding performance targets. Through this plan, employees are encouraged to excel in their roles, contributing to the growth and success of the company. Another type of Missouri TIP offered by Sierra Health Services, Inc. is the Stock Option Plan. Under this plan, eligible employees are granted the opportunity to purchase company stock at a predetermined price. As the stock's value increases over time, employees can experience financial gains, enhancing their commitment and dedication to the organization. Sierra Health Services, Inc. also offers a Retention Bonus Plan as part of the Missouri TIP. This plan aims to retain key employees and critical talent by providing a monetary bonus after a specified period of service or accomplishment of certain milestones. This helps Sierra Health Services, Inc. cultivate a stable workforce and reduce turnover, ensuring continuity in providing quality healthcare services. Furthermore, the Missouri TIP may include a Profit-Sharing Plan. This plan distributes a portion of the company's profits among employees, serving as an incentive to work collectively towards maximizing financial performance. By sharing in the success of the organization, employees feel more valued, motivated, and engaged in their work. In conclusion, Sierra Health Services, Inc.'s Missouri Long Term Incentive Plan encompasses various programs such as the Performance-Based Incentive Plan, Stock Option Plan, Retention Bonus Plan, and Profit-Sharing Plan. Through these different incentive mechanisms, Sierra Health Services, Inc. aims to foster employee loyalty, performance, and ultimately contribute to the long-term success of the organization in delivering exceptional healthcare services in Missouri.