Common use of Calculation of Percentile Rank Clause in Contracts

Calculation of Percentile Rank. Following the Total Shareholder Return determination for the Company and the companies in the Peer Group, the “Company Rank” for the Peer Group shall be determined by listing each company in the Peer Group (including the Company) from the highest Total Shareholder Return to lowest Total Shareholder Return and counting up to the Company from the company with the lowest Total Shareholder Return. The Company’s separate “Percentile Rank” for the Peer Group shall then be determined as follows: Percentile Rank for = Company Rank in the Peer Group the Peer Group Total Number of companies in the Peer Group including the Company

Appears in 1 contract

Sources: Restricted Share Award Agreement (Consolidated Tomoka Land Co)

Calculation of Percentile Rank. Following the Total Shareholder Return determination for the Company and the companies in the Peer Group, the “Company Rank” for within the Peer Group shall be determined by listing each company in the Peer Group (including the Company) from the highest Total Shareholder Return to lowest Total Shareholder Return and counting up to the Company from the company with the lowest Total Shareholder Return. The Company’s separate “Percentile Rank” for the Peer Group shall then be determined as follows: Percentile Rank for = Company Rank in the Peer Group the Peer Group Total Number of companies in the Peer Group including the Company:

Appears in 1 contract

Sources: Performance Share Award Agreement (CTO Realty Growth, Inc.)

Calculation of Percentile Rank. Following the Total Shareholder Return determination for the Company and the companies in the Peer Group, the “Company Rank” for within the Peer Group shall be determined by listing each company in the Peer Group (including the Company) from the highest Total Shareholder Return to lowest Total Shareholder Return and counting up to the Company from the company with the lowest Total Shareholder Return. The Company’s separate “Percentile Rank” for the Peer Group shall then be determined as follows: Percentile Rank for = Company Rank in the Peer Group the Peer Group Total Number of companies in the Peer Group including the CompanyGroup

Appears in 1 contract

Sources: Performance Share Award Agreement (Consolidated Tomoka Land Co)