Common use of TSR Clause in Contracts

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.

Appears in 1 contract

Sources: Performance Shares Award Agreement (Myr Group Inc.)

TSR. If, upon conclusion of the Performance Period, the Company’s TSR for the Performance Period is at the 25th 50th percentile of TSR for the TSR Peer Companies 25Companies, 100% of the TSR Target Performance Shares for the Performance Period shall become earned.

Appears in 1 contract

Sources: Performance Shares Award Agreement (Myr Group Inc.)