Wyoming Long Term Incentive Plan of Sierra Health Services, Inc.

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US-CC-18-289B
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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
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FAQ

Since LTIPs reward long-term performance and incentivize employee retention, the employee typically does not receive any pay from the program until they: Reach the end of their performance period, which is usually three to five years. Meet their performance requirements.

term incentive plan (LTIP) is a company policy that rewards employees for reaching specific goals that lead to increased shareholder value. In a typical LTIP, the employee, usually an executive, must fulfill various conditions or requirements.

Long-term incentives are earned based on the achievement of goals over a longer period of time. The goals may be based on stock price or business performance. It's important to take a holistic approach to compensation ? if it's short- or long-term, cash vs. bonds, the kinds of vehicles you're using, and so forth.

This incentive is paid out on top of the executive's base salary and can often come in the form of a cash incentive. Both private companies and publicly traded firms implement discretionary incentive programs for their employees based on performance metrics.

term incentive plan (LTIP) is a company policy that rewards employees for reaching specific goals that lead to increased shareholder value. In a typical LTIP, the employee, usually an executive, must fulfill various conditions or requirements.

Term Incentive Plan (LTIP) is a compensation program designed to reward employees based on their performance and contribution to an organization's longterm goals.

One of our most effective long-term incentives is a comprehensive stock option program. By offering our employees the opportunity to purchase company stock at a discounted rate, we are aligning their interests with the company's success and giving them a tangible stake in the company's future.

One of our most effective long-term incentives is a comprehensive stock option program. By offering our employees the opportunity to purchase company stock at a discounted rate, we are aligning their interests with the company's success and giving them a tangible stake in the company's future.

An LTIP works by rewarding employees (usually senior employees) with cash or shares of company stock for meeting specific goals. The goals are usually long-term, running for 3-5 years to stimulate ongoing progress rather than a-few-months objectives.

An LTIP is an incentive bonus plan that makes payments based on the achievement of specific goals. Generally, these payments are paid three to four years after they have been earned and after satisfying the vesting requirement.

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Wyoming Long Term Incentive Plan of Sierra Health Services, Inc.