Cuyahoga Ohio Long Term Incentive Plan of Sierra Health Services, Inc.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Cuyahoga
• 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 Cuyahoga Ohio Long Term Incentive Plan is a specific program implemented by Sierra Health Services, Inc., a company operating in Cuyahoga County, Ohio. This plan is designed to provide long-term incentives and rewards for employees, motivating them to achieve specific performance goals and drive the company towards sustainable growth. The Cuyahoga Ohio Long Term Incentive Plan offers various types of incentives, each tailored to different employee groups and performance metrics. One of the key types of incentives under the Cuyahoga Ohio Long Term Incentive Plan is the Performance Stock Option. This type of incentive grants eligible employees the right to purchase company stock at a predetermined price after a certain period of service or performance achievement. By tying the value of the stock options to the company's performance, employees are encouraged to contribute to its long-term success. Another type of incentive offered is the Restricted Stock Unit (RSU). This incentive grants employees a certain number of company shares, typically subject to specific vesting periods and performance milestones. RSS align the interests of employees with those of the company, as they only receive the shares if they meet the predetermined goals, ensuring a focus on long-term growth and success. Additionally, the Cuyahoga Ohio Long Term Incentive Plan may include Cash Bonus incentives. These bonuses are typically offered to key employees who achieve exceptional performance or contribute to significant company achievements. They provide immediate financial rewards in recognition of outstanding contributions and performance targets met. The Cuyahoga Ohio Long Term Incentive Plan of Sierra Health Services, Inc. is designed to attract, retain, and motivate talented employees by linking their compensation to the long-term goals and success of the company. The plan aims to create a culture of performance excellence and accountability, fostering employee loyalty and dedication necessary for sustainable growth in the highly competitive healthcare industry. In conclusion, the Cuyahoga Ohio Long Term Incentive Plan of Sierra Health Services, Inc. encompasses various types of incentives such as Performance Stock Options, Restricted Stock Units, and Cash Bonuses. These incentives are implemented to drive employee performance, encourage long-term commitment, and align the interests of the company and its employees, ultimately contributing to the growth and success of Sierra Health Services, Inc. in Cuyahoga County, Ohio.

The Cuyahoga Ohio Long Term Incentive Plan is a specific program implemented by Sierra Health Services, Inc., a company operating in Cuyahoga County, Ohio. This plan is designed to provide long-term incentives and rewards for employees, motivating them to achieve specific performance goals and drive the company towards sustainable growth. The Cuyahoga Ohio Long Term Incentive Plan offers various types of incentives, each tailored to different employee groups and performance metrics. One of the key types of incentives under the Cuyahoga Ohio Long Term Incentive Plan is the Performance Stock Option. This type of incentive grants eligible employees the right to purchase company stock at a predetermined price after a certain period of service or performance achievement. By tying the value of the stock options to the company's performance, employees are encouraged to contribute to its long-term success. Another type of incentive offered is the Restricted Stock Unit (RSU). This incentive grants employees a certain number of company shares, typically subject to specific vesting periods and performance milestones. RSS align the interests of employees with those of the company, as they only receive the shares if they meet the predetermined goals, ensuring a focus on long-term growth and success. Additionally, the Cuyahoga Ohio Long Term Incentive Plan may include Cash Bonus incentives. These bonuses are typically offered to key employees who achieve exceptional performance or contribute to significant company achievements. They provide immediate financial rewards in recognition of outstanding contributions and performance targets met. The Cuyahoga Ohio Long Term Incentive Plan of Sierra Health Services, Inc. is designed to attract, retain, and motivate talented employees by linking their compensation to the long-term goals and success of the company. The plan aims to create a culture of performance excellence and accountability, fostering employee loyalty and dedication necessary for sustainable growth in the highly competitive healthcare industry. In conclusion, the Cuyahoga Ohio Long Term Incentive Plan of Sierra Health Services, Inc. encompasses various types of incentives such as Performance Stock Options, Restricted Stock Units, and Cash Bonuses. These incentives are implemented to drive employee performance, encourage long-term commitment, and align the interests of the company and its employees, ultimately contributing to the growth and success of Sierra Health Services, Inc. in Cuyahoga County, Ohio.