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

• Category: Corporations - Public - Incentive Compensation Plans
• State: Multi-State
• City: San Jose
• 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 San Jose California Long Term Incentive Plan of Sierra Health Services, Inc., is a comprehensive compensation package offered to employees of Sierra Health Services, Inc., in San Jose, California. This unique plan aims to provide long-term motivation and reward exceptional employee performance. The San Jose California Long Term Incentive Plan ensures that employees are incentivized to contribute a significant amount of their skills, knowledge, and expertise towards Sierra Health Services' long-term goals. By aligning the interests of the employees and the company, this plan encourages collaboration and commitment. Sierra Health Services offers several types of Long Term Incentive Plans, each tailored to specific employee groups. These plans recognize the diverse roles and contributions of individuals within the company. Some key types of San Jose California Long Term Incentive Plans offered by Sierra Health Services, Inc., include: 1. Executive Incentive Plans: These are designed for top-level executives, key decision-makers, and members of the leadership team. Executive Incentive Plans typically consist of stock options, restricted stock units (RSS), performance-based bonuses, and other long-term compensation packages. 2. Employee Stock Ownership Plans (ESOP): Sops are available to all employees of Sierra Health Services, allowing them to become partial owners of the company. This plan not only serves as an incentive but also promotes a sense of ownership and commitment among employees. 3. Performance-based Bonuses: Sierra Health Services offers performance-based bonuses as part of the Long Term Incentive Plan. These bonuses are awarded to employees who achieve specific performance goals, such as surpassing revenue targets, meeting quality standards, or driving innovation within the organization. 4. Retirement Deferred Compensation Plans: In addition to the immediate incentives, Sierra Health Services provides retirement deferred compensation plans to help employees secure their financial futures. These plans enable employees to defer a portion of their compensation until retirement, allowing for long-term financial security. It is important to note that the San Jose California Long Term Incentive Plan of Sierra Health Services, Inc., is designed to be flexible and adaptable. The specific components and structure of the plan may vary depending on factors such as employee tenure, job level, and performance metrics. Sierra Health Services, Inc., believes in recognizing and rewarding the valuable contributions of its employees. Through its innovative and comprehensive Long Term Incentive Plans, the company strives to foster an environment of excellence, motivation, and loyalty in pursuit of its organizational objectives.

The San Jose California Long Term Incentive Plan of Sierra Health Services, Inc., is a comprehensive compensation package offered to employees of Sierra Health Services, Inc., in San Jose, California. This unique plan aims to provide long-term motivation and reward exceptional employee performance. The San Jose California Long Term Incentive Plan ensures that employees are incentivized to contribute a significant amount of their skills, knowledge, and expertise towards Sierra Health Services' long-term goals. By aligning the interests of the employees and the company, this plan encourages collaboration and commitment. Sierra Health Services offers several types of Long Term Incentive Plans, each tailored to specific employee groups. These plans recognize the diverse roles and contributions of individuals within the company. Some key types of San Jose California Long Term Incentive Plans offered by Sierra Health Services, Inc., include: 1. Executive Incentive Plans: These are designed for top-level executives, key decision-makers, and members of the leadership team. Executive Incentive Plans typically consist of stock options, restricted stock units (RSS), performance-based bonuses, and other long-term compensation packages. 2. Employee Stock Ownership Plans (ESOP): Sops are available to all employees of Sierra Health Services, allowing them to become partial owners of the company. This plan not only serves as an incentive but also promotes a sense of ownership and commitment among employees. 3. Performance-based Bonuses: Sierra Health Services offers performance-based bonuses as part of the Long Term Incentive Plan. These bonuses are awarded to employees who achieve specific performance goals, such as surpassing revenue targets, meeting quality standards, or driving innovation within the organization. 4. Retirement Deferred Compensation Plans: In addition to the immediate incentives, Sierra Health Services provides retirement deferred compensation plans to help employees secure their financial futures. These plans enable employees to defer a portion of their compensation until retirement, allowing for long-term financial security. It is important to note that the San Jose California Long Term Incentive Plan of Sierra Health Services, Inc., is designed to be flexible and adaptable. The specific components and structure of the plan may vary depending on factors such as employee tenure, job level, and performance metrics. Sierra Health Services, Inc., believes in recognizing and rewarding the valuable contributions of its employees. Through its innovative and comprehensive Long Term Incentive Plans, the company strives to foster an environment of excellence, motivation, and loyalty in pursuit of its organizational objectives.