Los Angeles California Long Term Incentive Plan of Sierra Health Services, Inc.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Los Angeles
• 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 Los Angeles California Long Term Incentive Plan of Sierra Health Services, Inc. is a comprehensive employee rewards program aimed at attracting, retaining, and motivating high-performing professionals within the organization. This plan offers a variety of long-term incentives designed to foster loyalty and drive exceptional performance among employees. One type of the Los Angeles California Long Term Incentive Plan is the stock option program. This program allows eligible employees to purchase company stocks at a predetermined price, providing them with a chance to share in the company's success and participate in its long-term growth. By offering this type of incentive, Sierra Health Services, Inc. aims to align the interests of its employees with those of the company while encouraging a commitment to long-term results. Another component of the plan is the performance-based cash bonus program. Under this program, employees have the opportunity to earn bonus payments based on the achievement of specific performance metrics or goals. This incentivizes employees to actively contribute to the company's overall success and helps drive a culture of excellence within the organization. The Los Angeles California Long Term Incentive Plan also includes a comprehensive retirement savings program. Through this program, employees are provided with retirement benefits such as 401(k) plans or pension schemes. These benefits serve as long-term incentives by helping employees secure their financial future and providing a sense of stability. In addition to the stock options, cash bonuses, and retirement savings, Sierra Health Services, Inc. may also offer additional long-term incentives such as employee stock purchase programs, restricted stock units, and performance share awards. These incentives contribute to the overall effectiveness of the plan by offering a diverse range of options to suit individual employee preferences and needs. Overall, the Los Angeles California Long Term Incentive Plan of Sierra Health Services, Inc. is a comprehensive and dynamic program that drives employee engagement, fosters loyalty, and rewards high-performing individuals. It not only aligns the interests of the employees and the company but also provides employees with opportunities to share in the company's success and build a secure financial future.

The Los Angeles California Long Term Incentive Plan of Sierra Health Services, Inc. is a comprehensive employee rewards program aimed at attracting, retaining, and motivating high-performing professionals within the organization. This plan offers a variety of long-term incentives designed to foster loyalty and drive exceptional performance among employees. One type of the Los Angeles California Long Term Incentive Plan is the stock option program. This program allows eligible employees to purchase company stocks at a predetermined price, providing them with a chance to share in the company's success and participate in its long-term growth. By offering this type of incentive, Sierra Health Services, Inc. aims to align the interests of its employees with those of the company while encouraging a commitment to long-term results. Another component of the plan is the performance-based cash bonus program. Under this program, employees have the opportunity to earn bonus payments based on the achievement of specific performance metrics or goals. This incentivizes employees to actively contribute to the company's overall success and helps drive a culture of excellence within the organization. The Los Angeles California Long Term Incentive Plan also includes a comprehensive retirement savings program. Through this program, employees are provided with retirement benefits such as 401(k) plans or pension schemes. These benefits serve as long-term incentives by helping employees secure their financial future and providing a sense of stability. In addition to the stock options, cash bonuses, and retirement savings, Sierra Health Services, Inc. may also offer additional long-term incentives such as employee stock purchase programs, restricted stock units, and performance share awards. These incentives contribute to the overall effectiveness of the plan by offering a diverse range of options to suit individual employee preferences and needs. Overall, the Los Angeles California Long Term Incentive Plan of Sierra Health Services, Inc. is a comprehensive and dynamic program that drives employee engagement, fosters loyalty, and rewards high-performing individuals. It not only aligns the interests of the employees and the company but also provides employees with opportunities to share in the company's success and build a secure financial future.