Vesting; Performance Goals. Except as otherwise set forth in Section 5 below, and subject to the Participant not experiencing a Termination of Service through the last day of the Performance Period, the number of PSUs that vest and the actual number of shares of Common Stock, if any, to be issued to the Participant hereunder (not including shares of Common Stock that may be issued pursuant to Section 3 below with respect to DERs) shall be equal to the sum of (i) the Target Number of Relative TSR PSUs multiplied by the applicable Relative TSR Multiplier (as described below), with straight line interpolation between the Relative TSR Multipliers set forth below for achievement of any Company percentile ranking between the values set forth below and (ii) the Target Number of Absolute TSR PSUs multiplied by the applicable Absolute TSR Multiplier (as described below), with
Appears in 1 contract
Sources: Performance Stock Unit Award Agreement (Ashford Hospitality Trust Inc)
Vesting; Performance Goals. Except as otherwise set forth in Section 5 below, and subject to the Participant not experiencing a Termination of Service through prior to the last day of the Performance Period, the number of PSUs that vest and the actual number of shares of Common Stock, if any, to be issued to the Participant hereunder (not including shares of Common Stock that may be issued pursuant to Section 3 below with respect to DERs) shall be equal to the sum of (i) the Target Number of Relative TSR PSUs multiplied by the applicable Relative TSR Multiplier (as described below), with straight line interpolation between the Relative TSR Multipliers set forth below for achievement of any Company percentile ranking between the values set forth below and (ii) the Target Number of Absolute TSR PSUs multiplied by the applicable Absolute TSR Multiplier (as described below), withof
Appears in 1 contract
Sources: Performance Stock Unit Award Agreement (Ashford Hospitality Trust Inc)