Common use of TSR Modifier Clause in Contracts

TSR Modifier. In addition to the Absolute and Relative Goals, the Company’s Relative TSR for the Performance Period (the “TSR Modifier”) shall also be measured. The TSR Modifier shall increase or decrease the Achievement Factor by 15 percentage points depending on quartile performance, as compared to members of the KBW Bank Index whose ticker symbol remains in the index for the entire Performance Period as reported by S&P Global Market Intelligence. If the Company in the bottom quartile, the Achievement Factor will be reduced by 15 percentage points. If the Company is in the top quartile, the Achievement Factor will be increased by 15 percentage points. The resulting percentage is referred to as the “Payout Percentage.” In no event may the Payout Percentage be above 150%. If the TSR Modifier results in a Payout Percentage that is above 150%, the Payout Percentage will be reduced to 150%. For example: 110% Achievement Factor + 15% (Top Quartile TSR Performance) = 125% Payout Percentage

TSR Modifier. In addition to the Absolute and Relative Goals, the Company’s Relative TSR for the Performance Period (the “TSR Modifier”) shall also be measured. The TSR Modifier shall increase or decrease the Achievement Factor by 15 percentage points depending on quartile performance, as compared to members of the KBW Bank Index whose ticker symbol remains in the index for the entire Performance Period as reported by S&P Global Market Intelligence. If the Company in the bottom quartile, the Achievement Factor will be reduced by 15 percentage points. If the Company is in the top quartile, the Achievement Factor will be increased by 15 percentage points. The resulting percentage is referred to as the “Payout Percentage.” In no event may the Payout Percentage be above 150%. If the TSR Modifier results in a Payout Percentage that is above 150%, the Payout Percentage will be reduced to 150%. For example: 110% Achievement Factor + 15% (Top Quartile TSR Performance) = 125% Payout Percentage