TSR Clause Samples

The TSR (Total Shareholder Return) clause defines how the performance of a company’s shares is measured over a specific period, typically for the purpose of determining executive compensation or triggering certain contractual outcomes. This clause outlines the calculation method for TSR, which usually involves comparing the change in share price plus dividends paid, and may specify benchmarks or peer groups for comparison. Its core practical function is to align the interests of executives or stakeholders with those of shareholders by tying rewards or obligations to the company’s actual market performance.
TSR. If, upon the conclusion of the TSR Performance Period, the Company’s relative TSR exceeds the 50th percentile, but is less than the 75th percentile of TSR for the TSR Peer Group Companies, the percentage of TSR Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 100% of the TSR Target Performance Shares and 200% of the TSR Target Performance Shares, with a fractional share rounded down to the next whole share.
TSR. If, upon conclusion of the TSR Performance Period, the Company’s relative TSR for the TSR Performance Period falls below the 25th percentile of TSR for the TSR Peer Group Companies (as defined below), no Performance Shares for TSR performance shall become earned.
TSR. TSR means stock price growth during the Performance Period, with any dividends during such period being reinvested. TSR is evaluated based on the ending value of a deemed $100 initial investment. For purposes of determining TSR, the stock price shall be calculated based on the daily average stock price for the twenty trading days immediately prior to the beginning and end of the Performance Period. TSR shall be measured against the Peer Companies. The “Peer Companies” are ▇▇▇▇ ▇▇▇▇▇▇▇ Corp., Cabot Oil & Gas Corp., Cimarex Energy Co., ▇▇▇▇▇▇▇▇ Resources Inc., Denbury Resources Inc., Forest Oil Corp., Penn Virginia Corp., Plains Explorations & Production Co., Quicksilver Resources Inc., ▇▇▇▇▇▇▇▇▇ Energy, Inc., St. ▇▇▇▇ ▇▇▇▇ & Exploration Co., Stone Energy Corp., Swift Energy Co., and ▇▇▇▇▇▇▇ Petroleum Corp., to the extent such entities or their successors are in existence and publicly traded as of the end of the Performance Period.
TSR. TSR means stock price growth during the Performance Period, with any dividends during such period being reinvested. TSR is evaluated based on the ending value of a deemed $100 initial investment. For purposes of determining TSR, the stock price shall be calculated based on the daily average stock price for the twenty trading days immediately prior to the beginning and end of the Performance Period. TSR shall be measured against the Peer Companies. The “Peer Companies” are ▇▇▇▇ ▇▇▇▇▇▇▇ Corp., Cabot Oil & Gas Corp., Cimarex Energy Co., ▇▇▇▇▇▇▇▇ Resources Inc., Denbury Resources Inc., Forest Oil Corp., Mariner Energy, Inc., Penn Virginia Corp., Plains Explorations & Production Co., Quicksilver Resources Inc., ▇▇▇▇▇▇▇▇▇ Energy, Inc., St. ▇▇▇▇ ▇▇▇▇ & Exploration Co., Stone Energy Corp., Swift Energy Co., and ▇▇▇▇▇▇▇ Petroleum Corp., to the extent such entities or their successors are in existence and publicly traded as of the end of the Performance Period.
TSR. Vesting and payment of the TSR Target Award shall be subject to achievement by the Company as of the last trading day prior to the end of the applicable Performance Period of the TSR Target Goal, as defined and calculated in accordance with Section 11 hereof, according to the following table: Threshold Goal Not less than the 25th percentile 50% The number of PSUs that will vest if the Committee determines and certifies the Company’s achievement of a TSR performance level between TSR Performance Goals will be determined by linear interpolation.
TSR. TSR shall be equal to the average closing price of a share of common stock during the [ ] trading days prior to and ending on the last trading day on or immediately prior to the last day of the Performance Period less the average closing price of a share of common stock during the period [ ], plus all dividends payments made during the Performance Period, which are assumed to be re-invested as of the date of such dividend distribution, divided by the average closing price of a share of common stock during the period [ ], with all prices to be automatically proportionately adjusted as applicable in the event of a stock split, reverse stock split, combination, consolidation, reclassification or subdivision. Three-year period commencing [ ] and ending [ ]
TSR. If, upon conclusion of the Performance Period, the Company’s TSR for the Performance Period is at the 25th percentile of TSR for the TSR Peer Companies 25% of the TSR Target Performance Shares for the Performance Period shall become earned.
TSR. The term "TSR" shall mean and include TeleService Resources, Inc. and any Successor. "Affiliate" shall mean, with respect to any entity, any other entity directly or indirectly controlling, controlled by, or under common control with such first entity. "Control" (including, with correlative meaning, the terms "controlling" and "controlled by" shall mean, with respect to any entity, the possession, directly or indirectly, of the power to direct the management and policies of such entity.
TSR. The term “TSR” means, for the Company and each of the Peer Group companies, the company’s total shareholder return, expressed as a percentage, which will be calculated by dividing (i) the Closing Average Share Value by (ii) the Opening Average Share Value and subtracting one from the quotient. For example, if the Closing Average Share Value as of the end of the first Performance Period is based on [.] and if the Opening Average Share Value is [.] and if that that [.] increase places the Company at a Company rTSR Percentile Rank of [.], then the payout would be at [.]of target shares.
TSR. So I can make note, may I ask why are you requesting to return your product?" CUSTOMER: "I just got it yesterday and it doesn't work." [ARROW pointing to right] DOA SCRIPT "It's not what I expected, I don't like it." [ARROW pointing to right] CUSTOMER REMORSE SCRIPT "It was working now it's not." [ARROW pointing to right] TECH SUPPORT SCRIPT D. O. A. Script: I. TSR will be sure that order falls with in the [**51**] timeframe. II. Does the product turn on? Are the power and other cables properly connected?" YES [ARROW pointing to right] (TECH SUPPORT) Lets do everything we can to get you up and running today. If you call XXX-XXX-XXXX our technical support group can help you. NO [ARROW pointing to right] I. Rep informs customer that all original packaging and materials must be included, and unsealed cartridges cannot be returned. II. Rep informs customer that product will be inspected to verify it is DOA. If it is found to be in proper working condition, an exchange will be authorized. III. If the customer desires, they can purchase an new unit on a new order, and have the product shipped out while the return is being processed. The customer will NOT be credited on the original unit until it is received and inspected. IV. Rep issues an RMA number and explains FEDEX return process. Rep will prompt to replace the product with a new one. If customer rejects this, we will credit their account. TSR Informs the customer that exchange unit will ship (or refund occur) when their DOA system arrives in our returns dept. CUSTOMER REMORSE SCRIPT: I. TSR will be sure the order falls within the [**52**] timeframe. II. TSR will then let customer know that per policy: - Customers will be charged at [**52**] fee for return of PC products (desktops, workstations, notebooks, servers). - [**52**] . - [**52**] . - HP reserves the right refuse a return if there is [**52**] - Customer is responsible for [**52**] charges back to our returns department and is fully responsible for the product until it arrives. - Product must be returned in original packaging with all materials. Incomplete returns will not be accepted. - TSR must strongly SUGGEST that customer returning products use an insured, traceable means of shipping (FEDEX) for this reason. Customer will be credited by the same means in which they purchased and not until product is returned.