TSR Target Share Amount Sample Clauses

The TSR Target Share Amount clause defines the specific number of shares or share units that are subject to performance-based vesting, typically linked to Total Shareholder Return (TSR) metrics. In practice, this clause sets a baseline or target number of shares that an employee or executive may earn if certain TSR performance goals are met over a defined period. For example, if a company’s TSR meets or exceeds a predetermined benchmark, the target share amount may vest in full or in part. The core function of this clause is to clearly establish the equity incentive tied to company performance, ensuring both parties understand the potential reward and the conditions required to achieve it.
TSR Target Share Amount. The “TSR Payout Factor” is based on the Company’s TSR for the Performance Period relative to the TSR for each of the Peer Group Companies (as hereinafter weighted and defined), determined in accordance with the following table: If Company’s TSR Percentile Rank against thePeer Group Companies is TSR Payout Factor(% of Target Award) less than the 40th percentile 0% at the 40th percentile 25% at the 50th percentile 50% at the 70th percentile 100% at the 90th percentile or higher 200%
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TSR Target Share Amount. The “TSR Payout Factor” is based on the Company’s compound, annualized TSR for the Performance Period relative to the compound, annualized TSR for the ▇▇▇▇▇▇▇ 2000 Index, determined in accordance with the following table: More than [●] percentage points below the ▇▇▇▇▇▇▇ 2000 Index TSR [●] [●] percentage points below the ▇▇▇▇▇▇▇ 2000 Index TSR [●] Equal to the ▇▇▇▇▇▇▇ 2000 Index TSR [●] [●] or more percentage points above the ▇▇▇▇▇▇▇ 2000 Index TSR [●]
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Related to TSR Target Share Amount

  • Target Shares The Sellers hold of record and own beneficially the number of Target Shares set forth next to his or her name in §4(b) of the Disclosure Schedule, free and clear of any restrictions on transfer (other than any restrictions under the Securities Act and state securities laws), Taxes, Security Interests, options, warrants, purchase rights, contracts, commitments, equities, claims, and demands. The Sellers are not a party to any option, warrant, purchase right, or other contract or commitment that could require the Sellers to sell, transfer, or otherwise dispose of any capital stock of the Target (other than this Agreement). The Sellers are not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Target.

  • Adjustment of Exercise Price, Number of Shares of Common Stock or Number of the Company Warrants The Exercise Price, the number of shares covered by each Warrant and the number of Warrants outstanding are subject to adjustment from time to time as provided in Section 3 of the Warrant Certificate. In the event that at any time, as a result of an adjustment made pursuant to Section 3 of the Warrant Certificate, the Holder of any Warrant thereafter exercised shall become entitled to receive any shares of capital stock of the Company other than shares of Common Stock, thereafter the number of such other shares so receivable upon exercise of any Warrant shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the shares contained in Section 3 of the Warrant Certificate and the provisions of Sections 7, 11 and 12 of this Agreement with respect to the shares of Common Stock shall apply on like terms to any such other shares. All Warrants originally issued by the Company subsequent to any adjustment made to the Exercise Price pursuant to the Warrant Certificate shall evidence the right to purchase, at the adjusted Exercise Price, the number of shares of Common Stock purchasable from time to time hereunder upon exercise of the Warrants, all subject to further adjustment as provided herein.

  • Total Shares Except for the Shares referred to in 2.03, Stockholder does not beneficially own any (i) shares of capital stock or voting securities of the Company, (ii) securities of the Company convertible into or exchangeable for shares of capital stock or voting securities of the Company or (iii) options or other rights to acquire from the Company any capital stock, voting securities or securities convertible into or exchangeable for capital stock or voting securities of the Company.

  • NUMBER OF SHARES AND EXERCISE PRICE The number of shares of Common Stock subject to your option and your exercise price per share referenced in your Grant Notice may be adjusted from time to time for Capitalization Adjustments.

  • Number of Shares This Warrant shall be exercisable for the Initial Shares, plus the Additional Shares, if any (collectively, and as may be adjusted from time to time pursuant to the provisions of this Warrant, the “Shares”).