Maricopa Arizona Long Term Incentive Plan of Sierra Health Services, Inc.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Maricopa
• 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 Maricopa Arizona Long Term Incentive Plan offered by Sierra Health Services, Inc. is a comprehensive program designed to reward and motivate employees in the Maricopa, Arizona region. This plan is unique to Sierra Health Services, Inc. and plays a crucial role in attracting, retaining, and engaging high-performing employees. With a strong focus on long-term performance and sustainability, the Maricopa Arizona Long Term Incentive Plan encourages employees to be committed to the company's growth and success. By providing enticing incentives, Sierra Health Services, Inc. aims to not only recognize the valuable contributions of its employees but also align their interests with the company's long-term objectives. There are various types of the Maricopa Arizona Long Term Incentive Plan within Sierra Health Services, Inc., each tailored to different roles and levels of responsibility within the organization. These plans include: 1. Executive Incentive Plan: This plan is specifically designed for executives and senior management. It offers a combination of cash bonuses, restricted stock units, stock options, and performance-based incentives to reward their exceptional leadership and drive towards achieving strategic goals. 2. Sales Incentive Plan: Targeted towards the sales team, this plan provides additional financial incentives to those who exceed sales targets, meet certain performance metrics, or secure large contracts. It aims to motivate sales professionals to drive revenue growth and capture new market opportunities. 3. Employee Stock Ownership Plan (ESOP): The ESOP is a long-term incentive plan that allows eligible employees to acquire ownership of company shares. By giving employees a stake in the company's success, Sierra Health Services, Inc. encourages them to take a vested interest in the overall performance and profitability of the organization. 4. Performance-Based Bonus Plan: Under this plan, employees receive performance-based cash bonuses tied to predefined performance goals, such as achieving specific revenue targets, cost reduction measures, or operational efficiencies. These bonuses provide an additional incentive to drive measurable results. 5. Long-Term Stock Option Plan: This plan grants eligible employees the opportunity to purchase company shares at a predetermined strike price over a specific period. By linking the plan to the company's long-term performance, Sierra Health Services, Inc. aims to foster employee loyalty, commitment, and shareholder-like behavior. Overall, the Maricopa Arizona Long Term Incentive Plan of Sierra Health Services, Inc. is a multifaceted rewards program that recognizes employee dedication, loyalty, and performance. By offering a combination of cash rewards, stock options, and share ownership opportunities, Sierra Health Services, Inc. aims to attract, retain, and motivate employees while aligning their interests with the long-term success of the company.

The Maricopa Arizona Long Term Incentive Plan offered by Sierra Health Services, Inc. is a comprehensive program designed to reward and motivate employees in the Maricopa, Arizona region. This plan is unique to Sierra Health Services, Inc. and plays a crucial role in attracting, retaining, and engaging high-performing employees. With a strong focus on long-term performance and sustainability, the Maricopa Arizona Long Term Incentive Plan encourages employees to be committed to the company's growth and success. By providing enticing incentives, Sierra Health Services, Inc. aims to not only recognize the valuable contributions of its employees but also align their interests with the company's long-term objectives. There are various types of the Maricopa Arizona Long Term Incentive Plan within Sierra Health Services, Inc., each tailored to different roles and levels of responsibility within the organization. These plans include: 1. Executive Incentive Plan: This plan is specifically designed for executives and senior management. It offers a combination of cash bonuses, restricted stock units, stock options, and performance-based incentives to reward their exceptional leadership and drive towards achieving strategic goals. 2. Sales Incentive Plan: Targeted towards the sales team, this plan provides additional financial incentives to those who exceed sales targets, meet certain performance metrics, or secure large contracts. It aims to motivate sales professionals to drive revenue growth and capture new market opportunities. 3. Employee Stock Ownership Plan (ESOP): The ESOP is a long-term incentive plan that allows eligible employees to acquire ownership of company shares. By giving employees a stake in the company's success, Sierra Health Services, Inc. encourages them to take a vested interest in the overall performance and profitability of the organization. 4. Performance-Based Bonus Plan: Under this plan, employees receive performance-based cash bonuses tied to predefined performance goals, such as achieving specific revenue targets, cost reduction measures, or operational efficiencies. These bonuses provide an additional incentive to drive measurable results. 5. Long-Term Stock Option Plan: This plan grants eligible employees the opportunity to purchase company shares at a predetermined strike price over a specific period. By linking the plan to the company's long-term performance, Sierra Health Services, Inc. aims to foster employee loyalty, commitment, and shareholder-like behavior. Overall, the Maricopa Arizona Long Term Incentive Plan of Sierra Health Services, Inc. is a multifaceted rewards program that recognizes employee dedication, loyalty, and performance. By offering a combination of cash rewards, stock options, and share ownership opportunities, Sierra Health Services, Inc. aims to attract, retain, and motivate employees while aligning their interests with the long-term success of the company.