Hillsborough Florida Long Term Incentive Plan of Sierra Health Services, Inc.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Hillsborough
• 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 Hillsborough Florida Long Term Incentive Plan is a comprehensive rewards program offered by Sierra Health Services, Inc. to its employees in the Hillsborough, Florida area. This incentive plan is designed to encourage long-term commitment and provide additional benefits to employees who contribute to the company's success. Sierra Health Services, Inc. recognizes the importance of retaining talented individuals and aims to foster employee loyalty through this long-term incentive plan. By aligning the employees' interests with the company's growth, the plan offers various rewards that promote job satisfaction and motivation. The Hillsborough Florida Long Term Incentive Plan encompasses several types of incentives that can be tailored to meet individual objectives and performance levels. These different plans include: 1. Performance-based Incentives: This plan focuses on rewarding employees based on their individual, team, or company performance targets. It encourages employees to exceed their goals and contribute to the overall success of Sierra Health Services, Inc. 2. Stock Option Grants: The company may grant stock options to eligible employees, allowing them to purchase company shares at a predetermined price in the future. This encourages employees to invest in the long-term growth and profitability of Sierra Health Services, Inc. 3. Retention Bonuses: To retain top talent, Sierra Health Services, Inc. may offer retention bonuses to eligible employees who commit to staying with the company for a specified period. These bonuses serve as an additional incentive to maintain a dedicated workforce. 4. Profit-Sharing Programs: This plan enables employees to share in the company's profits. It provides employees with a sense of ownership and motivates them to contribute to the financial success of Sierra Health Services, Inc. 5. Career Development Opportunities: The Hillsborough Florida Long Term Incentive Plan may also include opportunities for professional growth and development. This includes access to training programs, mentorship initiatives, and tuition assistance to support employees' career advancement within the company. The Hillsborough Florida Long Term Incentive Plan demonstrates Sierra Health Services, Inc.'s commitment to recognizing and rewarding employee dedication, performance, and longevity. By offering a range of incentive options, the company encourages a positive work culture and cultivates a motivated and engaged workforce in Hillsborough, Florida.

The Hillsborough Florida Long Term Incentive Plan is a comprehensive rewards program offered by Sierra Health Services, Inc. to its employees in the Hillsborough, Florida area. This incentive plan is designed to encourage long-term commitment and provide additional benefits to employees who contribute to the company's success. Sierra Health Services, Inc. recognizes the importance of retaining talented individuals and aims to foster employee loyalty through this long-term incentive plan. By aligning the employees' interests with the company's growth, the plan offers various rewards that promote job satisfaction and motivation. The Hillsborough Florida Long Term Incentive Plan encompasses several types of incentives that can be tailored to meet individual objectives and performance levels. These different plans include: 1. Performance-based Incentives: This plan focuses on rewarding employees based on their individual, team, or company performance targets. It encourages employees to exceed their goals and contribute to the overall success of Sierra Health Services, Inc. 2. Stock Option Grants: The company may grant stock options to eligible employees, allowing them to purchase company shares at a predetermined price in the future. This encourages employees to invest in the long-term growth and profitability of Sierra Health Services, Inc. 3. Retention Bonuses: To retain top talent, Sierra Health Services, Inc. may offer retention bonuses to eligible employees who commit to staying with the company for a specified period. These bonuses serve as an additional incentive to maintain a dedicated workforce. 4. Profit-Sharing Programs: This plan enables employees to share in the company's profits. It provides employees with a sense of ownership and motivates them to contribute to the financial success of Sierra Health Services, Inc. 5. Career Development Opportunities: The Hillsborough Florida Long Term Incentive Plan may also include opportunities for professional growth and development. This includes access to training programs, mentorship initiatives, and tuition assistance to support employees' career advancement within the company. The Hillsborough Florida Long Term Incentive Plan demonstrates Sierra Health Services, Inc.'s commitment to recognizing and rewarding employee dedication, performance, and longevity. By offering a range of incentive options, the company encourages a positive work culture and cultivates a motivated and engaged workforce in Hillsborough, Florida.