Nassau New York Long Term Incentive Plan of Sierra Health Services, Inc.

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Nassau
• 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 Nassau New York Long Term Incentive Plan of Sierra Health Services, Inc. is a comprehensive rewards program designed to provide long-term incentives and benefits to employees of the company based in Nassau County, New York. This plan aims to attract, motivate, and retain talented individuals by rewarding their contributions to the company's success over an extended period. The Nassau New York Long Term Incentive Plan offers various types of incentives and benefits to eligible employees. Some key components of this plan include: 1. Performance-based bonuses: Employees who consistently achieve or exceed their performance targets are eligible for annual bonuses. These bonuses are linked to individual, team, or company-wide performance metrics, encouraging employees to strive for excellence. 2. Stock options: The plan may include stock options, which grant employees the right to purchase company stock at a predetermined price. This allows employees to share in the company's success while also aligning their interests with the long-term value of Sierra Health Services, Inc. 3. Restricted stock units (RSS): RSS are another form of equity-based compensation in which employees receive shares of company stock after a specified vesting period. RSS provides a tangible stake in the company's performance and future growth. 4. Performance shares: Some employees may be granted performance shares, which entitle them to receive a predetermined number of shares based on the achievement of specific performance goals or targets. This incentivizes employees to focus on measurable outcomes and contribute to the company's long-term success. 5. Long-term cash incentives: Aside from equity-based compensation, the plan may offer long-term cash incentives, such as deferred compensation or deferred bonuses. These rewards are typically tied to the employee's continued service with the company over a specified period. The Nassau New York Long Term Incentive Plan of Sierra Health Services, Inc. is structured to support the company's growth strategies, retain top talent, and align employee interests with the overall success of the organization. It aims to create a sense of ownership and accountability among employees, fostering a long-term commitment to the company's mission and goals. Keywords: Nassau New York, Long Term Incentive Plan, Sierra Health Services, Inc., rewards program, incentives, benefits, performance-based bonuses, stock options, restricted stock units, RSS, performance shares, long-term cash incentives, growth strategies, talent retention, employee ownership, accountability.

The Nassau New York Long Term Incentive Plan of Sierra Health Services, Inc. is a comprehensive rewards program designed to provide long-term incentives and benefits to employees of the company based in Nassau County, New York. This plan aims to attract, motivate, and retain talented individuals by rewarding their contributions to the company's success over an extended period. The Nassau New York Long Term Incentive Plan offers various types of incentives and benefits to eligible employees. Some key components of this plan include: 1. Performance-based bonuses: Employees who consistently achieve or exceed their performance targets are eligible for annual bonuses. These bonuses are linked to individual, team, or company-wide performance metrics, encouraging employees to strive for excellence. 2. Stock options: The plan may include stock options, which grant employees the right to purchase company stock at a predetermined price. This allows employees to share in the company's success while also aligning their interests with the long-term value of Sierra Health Services, Inc. 3. Restricted stock units (RSS): RSS are another form of equity-based compensation in which employees receive shares of company stock after a specified vesting period. RSS provides a tangible stake in the company's performance and future growth. 4. Performance shares: Some employees may be granted performance shares, which entitle them to receive a predetermined number of shares based on the achievement of specific performance goals or targets. This incentivizes employees to focus on measurable outcomes and contribute to the company's long-term success. 5. Long-term cash incentives: Aside from equity-based compensation, the plan may offer long-term cash incentives, such as deferred compensation or deferred bonuses. These rewards are typically tied to the employee's continued service with the company over a specified period. The Nassau New York Long Term Incentive Plan of Sierra Health Services, Inc. is structured to support the company's growth strategies, retain top talent, and align employee interests with the overall success of the organization. It aims to create a sense of ownership and accountability among employees, fostering a long-term commitment to the company's mission and goals. Keywords: Nassau New York, Long Term Incentive Plan, Sierra Health Services, Inc., rewards program, incentives, benefits, performance-based bonuses, stock options, restricted stock units, RSS, performance shares, long-term cash incentives, growth strategies, talent retention, employee ownership, accountability.