Common use of Relative Total Shareholder Return Modifier Clause in Contracts

Relative Total Shareholder Return Modifier. a. The payout percentage applicable to Performance-Based RSUs covered by the Award, calculated under Sections 2 and 3 above, will be subject to modification based on the Company’s Total Shareholder Return (“TSR”) relative to the TSR of the following Comparator Group members: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Corporation Fortune Brands Home & Security Inc. Hasbro, Inc. ▇▇▇▇▇▇ ▇▇ & Co. KGaA ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Corporation Koninklijke Philips N.V. Mattel, Inc. Societe BIC SA Spectrum Brands Holdings, Inc. Tupperware Brands Whirlpool Corporation b. Any companies that are in the TSR Comparator Group at the beginning of the performance period that no longer exist at the end of the three-year performance period (e.g., through merger, buyout, spin-off, or similar transaction), or otherwise change their structure or business such that they are no longer reasonably comparable to the Company, shall be disregarded by the Committee in the Committee’s calculation of the appropriate interpolated percentage. c. The Company’s ranking (in the range of highest to lowest) in the TSR Comparator Group at the end of the three-year performance period, beginning January 1, 2021, and ending December 31, 2023, will be determined by the Committee based on the TSR for the Performance Period for the Company and each of the members in the TSR Comparator Group as calculated below: d. TSR is calculated as follows and then expressed as a percentage: