TSR Modifier. To determine the “Final Earned PSUs,” the Preliminary Earned PSUs (as determined in Section 3(a)) may be increased or decreased by up to 25% of the Target Award based on the Company’s Total Shareholder Return relative to the Total Shareholder Return of the Peer Group for the Performance Period in accordance with the following matrix: 1-2 +25% 3-4 +12.5% 5 No Change 6-7 -12.5% 8-9 -25%
Appears in 2 contracts
Sources: Performance Share Unit Agreement (Freeport-McMoran Inc), Performance Share Unit Agreement (Freeport-McMoran Inc)
TSR Modifier. To determine the “Final Earned PSUs,” the Preliminary Earned PSUs (as determined in Section 3(a2(a)) may be increased or decreased by up to 25% of the Target Award based on the Company’s Total Shareholder Return relative to the Total Shareholder Return of the Peer Group for the Performance Period in accordance with the following matrix: . 1-2 3 +25% 34-4 +12.5% 5 6 No Change 6-7 -12.5% 87-9 -25%
Appears in 1 contract
Sources: Performance Share Unit Agreement (Freeport-McMoran Inc)
TSR Modifier. To determine the “Final Earned PSUs,” the Preliminary Earned PSUs (as determined in Section 3(a)) may be increased or decreased by up to 25% of the Target Award based on the Company’s Total Shareholder Return relative to the Total Shareholder Return of the Peer Group for the Performance Period in accordance with the following matrix: 1-2 3 +25% 34-4 +12.5% 5 6 No Change 6-7 -12.5% 87-9 -25%
Appears in 1 contract
Sources: Performance Share Unit Agreement (Freeport-McMoran Inc)