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

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Orange
• 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 Orange California Long Term Incentive Plan is a comprehensive employee compensation program offered by Sierra Health Services, Inc. This plan is specially designed to motivate and reward long-term employees for their dedication, hard work, and contributions towards the company's success. The program aims to provide employees with financial incentives to remain with the organization over an extended period, fostering loyalty and commitment. Sierra Health Services, Inc. offers various types of Orange California Long Term Incentive Plans to suit the diverse needs and roles within the company. These plans are typically structured to align with the company's long-term goals while ensuring fair and competitive compensation for employees. Some different types of Orange California Long Term Incentive Plans offered by Sierra Health Services, Inc. include: 1. Stock Options: This type of plan grants employees the opportunity to purchase company stock at a predetermined price for a specified period. By offering stock options, Sierra Health Services, Inc. allows employees to benefit from potential future increases in stock value, thereby sharing in the company's success. 2. Restricted Stock Units (RSS): RSS are grants of company stock that vest over a specific period. In this plan, employees receive the shares of stock when predetermined performance goals or time-based milestones are achieved. RSS provides a long-term incentive to employees, rewarding them for their continued commitment to the company. 3. Performance Shares: The Performance Shares plan awards employees with additional shares of company stock based on achieving predetermined performance targets. These targets may include financial goals, key business objectives, or individual performance metrics. This plan motivates employees to work towards specific objectives while aligning their efforts with the company's overall performance. 4. Cash Bonuses: In addition to stock-based incentives, Sierra Health Services, Inc. may also offer cash bonuses as part of their Long Term Incentive Plans. These bonuses can be based on various performance metrics, such as individual or team achievements, financial targets, or specific project milestones. Cash bonuses provide immediate monetary rewards to employees while still emphasizing long-term commitment. By implementing the Orange California Long Term Incentive Plan, Sierra Health Services, Inc. aims to attract and retain top talent, encourage employee engagement and loyalty, and drive long-term success. These plans serve as powerful tools in motivating employees to contribute to the company's growth, thereby creating a mutually beneficial relationship between the organization and its workforce.

Orange California Long Term Incentive Plan is a comprehensive employee compensation program offered by Sierra Health Services, Inc. This plan is specially designed to motivate and reward long-term employees for their dedication, hard work, and contributions towards the company's success. The program aims to provide employees with financial incentives to remain with the organization over an extended period, fostering loyalty and commitment. Sierra Health Services, Inc. offers various types of Orange California Long Term Incentive Plans to suit the diverse needs and roles within the company. These plans are typically structured to align with the company's long-term goals while ensuring fair and competitive compensation for employees. Some different types of Orange California Long Term Incentive Plans offered by Sierra Health Services, Inc. include: 1. Stock Options: This type of plan grants employees the opportunity to purchase company stock at a predetermined price for a specified period. By offering stock options, Sierra Health Services, Inc. allows employees to benefit from potential future increases in stock value, thereby sharing in the company's success. 2. Restricted Stock Units (RSS): RSS are grants of company stock that vest over a specific period. In this plan, employees receive the shares of stock when predetermined performance goals or time-based milestones are achieved. RSS provides a long-term incentive to employees, rewarding them for their continued commitment to the company. 3. Performance Shares: The Performance Shares plan awards employees with additional shares of company stock based on achieving predetermined performance targets. These targets may include financial goals, key business objectives, or individual performance metrics. This plan motivates employees to work towards specific objectives while aligning their efforts with the company's overall performance. 4. Cash Bonuses: In addition to stock-based incentives, Sierra Health Services, Inc. may also offer cash bonuses as part of their Long Term Incentive Plans. These bonuses can be based on various performance metrics, such as individual or team achievements, financial targets, or specific project milestones. Cash bonuses provide immediate monetary rewards to employees while still emphasizing long-term commitment. By implementing the Orange California Long Term Incentive Plan, Sierra Health Services, Inc. aims to attract and retain top talent, encourage employee engagement and loyalty, and drive long-term success. These plans serve as powerful tools in motivating employees to contribute to the company's growth, thereby creating a mutually beneficial relationship between the organization and its workforce.