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

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• City: Phoenix
• 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 Phoenix Arizona Long Term Incentive Plan (TIP) offered by Sierra Health Services, Inc. is a comprehensive program designed to attract and retain top talent within the organization. This performance-based incentive plan aims to motivate employees and align their interests with the overall success of the company. With a focus on long-term goals and sustained growth, Sierra Health Services has various types of Lips to suit the diverse needs of its workforce. One of the types of Phoenix Arizona TIP available at Sierra Health Services is the Stock Option Plan. This plan allows eligible employees to purchase company stocks at a predetermined price, commonly referred to as the exercise price. As the company's stock value increases over time, employees have the opportunity to reap the financial benefits by selling their stocks at a higher price. This plan not only encourages employees to contribute to the company's success but also allows them to share in its prosperity. Another type of Phoenix Arizona TIP offered is the Restricted Stock Units (RSS) Plan. Under this program, eligible employees receive a specific number of RSS as a form of compensation. RSS represents a promise to grant company stocks to employees at a predetermined future date, subject to certain vesting requirements. This incentivizes employees to remain with the company for a certain period, ensuring their continued dedication and commitment to the organization's long-term goals. Sierra Health Services also provides a Performance Share Plan as part of its Phoenix Arizona TIP. This type of plan grants eligible employees a certain number of units or shares based on predefined performance targets. These targets may include financial metrics, operational goals, or other key performance indicators (KPIs) relevant to the company's strategic objectives. As employees meet or exceed these targets, they become eligible to receive the shares or units, aligning their interests with the company's growth and profitability. In addition to the above-mentioned plans, Sierra Health Services may offer other variations of the Phoenix Arizona TIP tailored specifically for different teams, departments, or levels of employees. These plans may include cash-based incentives, profit-sharing arrangements, or performance-linked bonuses. By diversifying the TIP to cater to different employee segments, Sierra Health Services ensures that the incentives provided resonate with the specific needs and motivations of each group. Overall, the Phoenix Arizona Long Term Incentive Plan of Sierra Health Services, Inc. demonstrates the company's commitment to fostering a high-performance culture and retaining top talent. Through various types of plans, such as the Stock Option Plan, Restricted Stock Units Plan, and Performance Share Plan, Sierra Health Services aims to incentivize employees to drive sustained growth, resulting in a win-win situation for both the company and its workforce.

The Phoenix Arizona Long Term Incentive Plan (TIP) offered by Sierra Health Services, Inc. is a comprehensive program designed to attract and retain top talent within the organization. This performance-based incentive plan aims to motivate employees and align their interests with the overall success of the company. With a focus on long-term goals and sustained growth, Sierra Health Services has various types of Lips to suit the diverse needs of its workforce. One of the types of Phoenix Arizona TIP available at Sierra Health Services is the Stock Option Plan. This plan allows eligible employees to purchase company stocks at a predetermined price, commonly referred to as the exercise price. As the company's stock value increases over time, employees have the opportunity to reap the financial benefits by selling their stocks at a higher price. This plan not only encourages employees to contribute to the company's success but also allows them to share in its prosperity. Another type of Phoenix Arizona TIP offered is the Restricted Stock Units (RSS) Plan. Under this program, eligible employees receive a specific number of RSS as a form of compensation. RSS represents a promise to grant company stocks to employees at a predetermined future date, subject to certain vesting requirements. This incentivizes employees to remain with the company for a certain period, ensuring their continued dedication and commitment to the organization's long-term goals. Sierra Health Services also provides a Performance Share Plan as part of its Phoenix Arizona TIP. This type of plan grants eligible employees a certain number of units or shares based on predefined performance targets. These targets may include financial metrics, operational goals, or other key performance indicators (KPIs) relevant to the company's strategic objectives. As employees meet or exceed these targets, they become eligible to receive the shares or units, aligning their interests with the company's growth and profitability. In addition to the above-mentioned plans, Sierra Health Services may offer other variations of the Phoenix Arizona TIP tailored specifically for different teams, departments, or levels of employees. These plans may include cash-based incentives, profit-sharing arrangements, or performance-linked bonuses. By diversifying the TIP to cater to different employee segments, Sierra Health Services ensures that the incentives provided resonate with the specific needs and motivations of each group. Overall, the Phoenix Arizona Long Term Incentive Plan of Sierra Health Services, Inc. demonstrates the company's commitment to fostering a high-performance culture and retaining top talent. Through various types of plans, such as the Stock Option Plan, Restricted Stock Units Plan, and Performance Share Plan, Sierra Health Services aims to incentivize employees to drive sustained growth, resulting in a win-win situation for both the company and its workforce.