New York 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 Sierra Health Services, Inc. is a prominent healthcare company operating in New York, and it offers the New York Long Term Incentive Plan to motivate and reward its employees. This comprehensive plan is designed to provide attractive incentives and benefits to individuals who contribute to the growth and success of the company in the long run. Under the New York Long Term Incentive Plan, Sierra Health Services, Inc. offers various types of incentives and rewards. These can include stock options, performance-based bonuses, profit-sharing arrangements, and retirement savings plans. The plan aims to align the interests of employees with the long-term goals of the organization, fostering a culture of commitment and dedication. One type of incentive offered in the plan is stock options. These allow employees to purchase company shares at a predetermined price, providing them with a potential financial gain if the company performs well over time. By offering stock options, Sierra Health Services, Inc. encourages employees to take an active interest in the company's success and profitability. Performance-based bonuses constitute another component of the New York Long Term Incentive Plan. These bonuses are awarded to employees based on their individual or team performance in achieving predetermined targets and goals. By linking incentives directly to performance, Sierra Health Services, Inc. motivates employees to strive for excellence and contribute to the company's growth and competitiveness. Additionally, the plan may include profit-sharing arrangements. Profit-sharing involves distributing a portion of the company's profits among its employees. This approach allows employees to directly share in the financial success of the organization, creating a sense of ownership and camaraderie within the workforce. Moreover, Sierra Health Services, Inc. recognizes the importance of retirement savings and offers retirement plans as part of the New York Long Term Incentive Plan. These plans allow employees to contribute a portion of their salary towards retirement savings, with potential employer contributions or matching. Such retirement benefits ensure financial security in the long term and attract talented individuals who value a comprehensive benefits package. In conclusion, Sierra Health Services, Inc.'s New York Long Term Incentive Plan is a comprehensive program aimed at motivating and retaining talented employees. By offering various incentives such as stock options, performance-based bonuses, profit-sharing arrangements, and retirement savings plans, the company ensures that employees are recognized for their valuable contributions to the organization's long-term success.

Sierra Health Services, Inc. is a prominent healthcare company operating in New York, and it offers the New York Long Term Incentive Plan to motivate and reward its employees. This comprehensive plan is designed to provide attractive incentives and benefits to individuals who contribute to the growth and success of the company in the long run. Under the New York Long Term Incentive Plan, Sierra Health Services, Inc. offers various types of incentives and rewards. These can include stock options, performance-based bonuses, profit-sharing arrangements, and retirement savings plans. The plan aims to align the interests of employees with the long-term goals of the organization, fostering a culture of commitment and dedication. One type of incentive offered in the plan is stock options. These allow employees to purchase company shares at a predetermined price, providing them with a potential financial gain if the company performs well over time. By offering stock options, Sierra Health Services, Inc. encourages employees to take an active interest in the company's success and profitability. Performance-based bonuses constitute another component of the New York Long Term Incentive Plan. These bonuses are awarded to employees based on their individual or team performance in achieving predetermined targets and goals. By linking incentives directly to performance, Sierra Health Services, Inc. motivates employees to strive for excellence and contribute to the company's growth and competitiveness. Additionally, the plan may include profit-sharing arrangements. Profit-sharing involves distributing a portion of the company's profits among its employees. This approach allows employees to directly share in the financial success of the organization, creating a sense of ownership and camaraderie within the workforce. Moreover, Sierra Health Services, Inc. recognizes the importance of retirement savings and offers retirement plans as part of the New York Long Term Incentive Plan. These plans allow employees to contribute a portion of their salary towards retirement savings, with potential employer contributions or matching. Such retirement benefits ensure financial security in the long term and attract talented individuals who value a comprehensive benefits package. In conclusion, Sierra Health Services, Inc.'s New York Long Term Incentive Plan is a comprehensive program aimed at motivating and retaining talented employees. By offering various incentives such as stock options, performance-based bonuses, profit-sharing arrangements, and retirement savings plans, the company ensures that employees are recognized for their valuable contributions to the organization's long-term success.