Common use of Calculation of Total Shareholder Return Clause in Contracts

Calculation of Total Shareholder Return. Total shareholder return for any given common stock shall be expressed as a percentage and calculated by: (i) subtracting (a) the beginning average stock price for one share of stock (determined by calculating the average closing stock price during the two calendar months preceding the beginning of the performance period) from (b) the ending average stock price for such share of stock (determined by calculating the average closing stock price during the final two calendar months of the performance period, after taking into account the affect of any stock dividends, stock splits, consolidations, recapitalizations, reorganizations or like events with respect to such share); and (ii) adding to the difference determined under subparagraph (i) above, all cash dividends actually paid on such share of stock during the performance period; and (iii) dividing the sum determined by subparagraphs (i) and (ii) above by the beginning average stock price determined pursuant to subparagraph (i)(a) above.