Common use of Comparison Group Clause in Contracts

Comparison Group. The Comparison Group consists of the following [NUMBER] companies: [INSERT PEER GROUP]. A company will be removed from the Comparison Group for the entire Performance Period in the event the company is acquired or the company’s stock ceases to be publicly traded during the Performance Period; however, no adjustment will be made in the composition of the Comparison Group in the event of the bankruptcy, delisting or liquidation of a company included in the Comparison Group.

Appears in 2 contracts

Sources: Performance Share Award Agreement (Office Depot Inc), Performance Share Award Agreement (Office Depot Inc)