Oklahoma 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. offers a variety of Long-Term Incentive Plans in the state of Oklahoma, designed to attract and retain talented individuals while encouraging their long-term commitment and performance within the company. These incentive plans aim to motivate employees, foster loyalty, and align their interests with the company's growth and success. One such plan is the Oklahoma Long-Term Incentive Plan for Executive employees. This plan is specifically designed for executives and senior management who play a crucial role in driving the organization's strategic vision. It includes various components such as stock options, equity grants, performance bonuses, and deferred compensation. The plan links the individual's compensation directly to the company's performance and achievements, ensuring that their interests are aligned with long-term success. Another type of incentive plan offered by Sierra Health Services, Inc. in Oklahoma is the Long-Term Incentive Plan for Key Employees. This plan targets high-performing employees who demonstrate exceptional skills and contribute significantly to the company's growth. It offers a range of incentives, including cash bonuses, restricted stock units, stock appreciation rights, and other performance-based awards. Key employees are rewarded based on their tenure, performance, and achieving predetermined goals. Sierra Health Services, Inc. also provides a Long-Term Incentive Plan for Non-Executive employees in Oklahoma. This plan focuses on motivating and retaining talented individuals across various roles within the company. It may include elements such as profit-sharing, annual performance bonuses, stock purchase plans, and career development opportunities. This plan ensures that all employees, beyond the executive and key levels, can participate and benefit from the company's success in the long run. The Oklahoma Long-Term Incentive Plans of Sierra Health Services, Inc. can be customized based on specific job roles and hierarchical levels within the organization, acknowledging the diverse needs of its workforce. The plans may vary in terms of eligibility criteria, vesting schedules, and the types of incentives offered, depending on the employees' contribution, responsibilities, and performance. Overall, Sierra Health Services, Inc.'s Oklahoma Long-Term Incentive Plans play a crucial role in attracting, motivating, and retaining talented individuals in Oklahoma, ensuring employee engagement, loyalty, and alignment with the organization's long-term goals.