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

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• County: Pima
• 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 Lima Arizona Long Term Incentive Plan is a program offered by Sierra Health Services, Inc. to its employees in Lima, Arizona. It is designed to provide long-term incentives and rewards to employees based on their performance, commitment, and loyalty to the company. Sierra Health Services, Inc. is a renowned healthcare organization that operates in Lima, Arizona, and offers various employee benefit programs to attract and retain top talent. The Lima Arizona Long Term Incentive Plan is one such program that aims to motivate employees to achieve higher levels of performance while fostering loyalty and dedication. This incentive plan consists of several types, each serving a specific purpose and rewarding employees accordingly. These different types may include: 1. Performance-based incentives: Employees who consistently meet or exceed their performance goals are eligible for performance-based incentives. These incentives may be in the form of bonuses, stock options, or profit-sharing plans. 2. Longevity rewards: The Lima Arizona Long Term Incentive Plan also includes rewards for employees with long service records. These rewards acknowledge and appreciate the dedication and loyalty of long-term employees, which may include additional vacation time, sabbaticals, or special recognition. 3. Key employee incentives: Sierra Health Services, Inc. may offer additional incentives to key employees who hold critical positions within the organization. These incentives are designed to recognize their unique contributions and retain their valuable expertise. Such incentives may include higher bonus structures, restricted stock units, or executive benefits. 4. Team-based incentives: The plan may also include incentives that foster collaboration and teamwork. Such incentives are aimed at encouraging employees to work together to achieve common goals. Rewards may be given to departments or project teams that achieve outstanding results or complete major milestones. 5. Educational and professional development incentives: Sierra Health Services, Inc. recognizes the importance of continuous learning and growth for its employees. As part of the Lima Arizona Long Term Incentive Plan, the company may provide funds or resources to support employees' educational pursuits, certifications, or professional development programs. The Lima Arizona Long Term Incentive Plan of Sierra Health Services, Inc. is designed to create a positive work environment, encourage professional growth, and attract and retain top talent in the healthcare industry. By offering a variety of incentives that recognize performance, loyalty, teamwork, and continuous learning, Sierra Health Services strives to motivate its employees to achieve excellence in their roles, resulting in a mutually beneficial relationship between the employees and the organization.

The Lima Arizona Long Term Incentive Plan is a program offered by Sierra Health Services, Inc. to its employees in Lima, Arizona. It is designed to provide long-term incentives and rewards to employees based on their performance, commitment, and loyalty to the company. Sierra Health Services, Inc. is a renowned healthcare organization that operates in Lima, Arizona, and offers various employee benefit programs to attract and retain top talent. The Lima Arizona Long Term Incentive Plan is one such program that aims to motivate employees to achieve higher levels of performance while fostering loyalty and dedication. This incentive plan consists of several types, each serving a specific purpose and rewarding employees accordingly. These different types may include: 1. Performance-based incentives: Employees who consistently meet or exceed their performance goals are eligible for performance-based incentives. These incentives may be in the form of bonuses, stock options, or profit-sharing plans. 2. Longevity rewards: The Lima Arizona Long Term Incentive Plan also includes rewards for employees with long service records. These rewards acknowledge and appreciate the dedication and loyalty of long-term employees, which may include additional vacation time, sabbaticals, or special recognition. 3. Key employee incentives: Sierra Health Services, Inc. may offer additional incentives to key employees who hold critical positions within the organization. These incentives are designed to recognize their unique contributions and retain their valuable expertise. Such incentives may include higher bonus structures, restricted stock units, or executive benefits. 4. Team-based incentives: The plan may also include incentives that foster collaboration and teamwork. Such incentives are aimed at encouraging employees to work together to achieve common goals. Rewards may be given to departments or project teams that achieve outstanding results or complete major milestones. 5. Educational and professional development incentives: Sierra Health Services, Inc. recognizes the importance of continuous learning and growth for its employees. As part of the Lima Arizona Long Term Incentive Plan, the company may provide funds or resources to support employees' educational pursuits, certifications, or professional development programs. The Lima Arizona Long Term Incentive Plan of Sierra Health Services, Inc. is designed to create a positive work environment, encourage professional growth, and attract and retain top talent in the healthcare industry. By offering a variety of incentives that recognize performance, loyalty, teamwork, and continuous learning, Sierra Health Services strives to motivate its employees to achieve excellence in their roles, resulting in a mutually beneficial relationship between the employees and the organization.