Houston Texas Long Term Incentive Plan of Sierra Health Services, Inc.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• City: Houston
• 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 Houston Texas Long Term Incentive Plan offered by Sierra Health Services, Inc. is an employee reward program designed to motivate and retain top talent in the organization. This plan is designed to provide long-term financial benefits to eligible employees based on their performance and tenure with the company. One type of Houston Texas Long Term Incentive Plan offered by Sierra Health Services, Inc. is the Performance-based Vesting Plan. In this plan, employees earn incentives based on their individual or team performance, such as achieving sales targets or meeting specific project goals. These incentives can be in the form of stock options, equity grants, or cash bonuses that vest over a specific period, incentivizing employees to stay with the company to reap their full benefits. Another type of Houston Texas Long Term Incentive Plan offered by Sierra Health Services, Inc. is the Retention-focused Plan. This plan aims to reward employees who stay with the company for an extended period, typically ranging from a few years to a decade or more. By offering financial incentives that grow over time, employees are encouraged to remain committed to the organization, contributing to its long-term success. Common rewards in this plan include stock option grants, restricted stock units, or deferred cash payouts. A third type of Houston Texas Long Term Incentive Plan provided by Sierra Health Services, Inc. is the Performance Equity Plan. This plan connects employees' compensation to the company's overall performance, linking the rewards to key financial metrics or shareholder returns. Through this plan, employees have the opportunity to receive equity awards, such as stock options or performance shares, enabling them to share in the organization's success and aligning their interests with the company's objectives. Sierra Health Services, Inc.'s Houston Texas Long Term Incentive Plans are carefully designed to attract, retain, and motivate talented individuals, fostering a culture of high performance and long-term dedication. These plans offer valuable financial rewards to employees, encouraging them to contribute their skills and expertise towards the company's growth and profitability.

The Houston Texas Long Term Incentive Plan offered by Sierra Health Services, Inc. is an employee reward program designed to motivate and retain top talent in the organization. This plan is designed to provide long-term financial benefits to eligible employees based on their performance and tenure with the company. One type of Houston Texas Long Term Incentive Plan offered by Sierra Health Services, Inc. is the Performance-based Vesting Plan. In this plan, employees earn incentives based on their individual or team performance, such as achieving sales targets or meeting specific project goals. These incentives can be in the form of stock options, equity grants, or cash bonuses that vest over a specific period, incentivizing employees to stay with the company to reap their full benefits. Another type of Houston Texas Long Term Incentive Plan offered by Sierra Health Services, Inc. is the Retention-focused Plan. This plan aims to reward employees who stay with the company for an extended period, typically ranging from a few years to a decade or more. By offering financial incentives that grow over time, employees are encouraged to remain committed to the organization, contributing to its long-term success. Common rewards in this plan include stock option grants, restricted stock units, or deferred cash payouts. A third type of Houston Texas Long Term Incentive Plan provided by Sierra Health Services, Inc. is the Performance Equity Plan. This plan connects employees' compensation to the company's overall performance, linking the rewards to key financial metrics or shareholder returns. Through this plan, employees have the opportunity to receive equity awards, such as stock options or performance shares, enabling them to share in the organization's success and aligning their interests with the company's objectives. Sierra Health Services, Inc.'s Houston Texas Long Term Incentive Plans are carefully designed to attract, retain, and motivate talented individuals, fostering a culture of high performance and long-term dedication. These plans offer valuable financial rewards to employees, encouraging them to contribute their skills and expertise towards the company's growth and profitability.