Absolute TSR Performance definition

Absolute TSR Performance means the Company’s TSR for the Measurement Period.
Absolute TSR Performance means, for any Performance Period, a percentage calculated by dividing the Company TSR for such Performance Period by the Company Stock Price on the Trading Day immediately preceding January 1 of such Performance Period.
Absolute TSR Performance means the Company’s total shareholder return during the Performance Period, which reflects the percentage change in the closing price of a share of Stock on the last trading day before the beginning of the Performance Period (i.e., December 30, 2023) to the closing price of a share of Stock on the last trading day during the Performance Period (plus common stock dividends paid during the Performance Period, assuming immediate reinvestment of such dividends in additional shares of Stock). The Absolute TSR Performance shall be determined by the Committee using the Bloomberg Terminal’s Total Return Analysis (“TRA”) function to derive the total return percentage in respect of the Performance Period in accordance with the previous sentence. If the Bloomberg Terminal’s TRA function is not available, the Absolute TSR Performance shall be determined using the equivalent successor to such function; provided that, if there is no such successor, the Absolute TSR Performance in respect of the Performance Period shall be determined by the Committee in good faith using a generally accepted method for calculating total shareholder return.

Examples of Absolute TSR Performance in a sentence

  • For Absolute TSR Performance at or above eighteen percent (18%) and less than one hundred percent (100%), vesting of Absolute Component LTIP Units shall be calculated by linear interpolation utilizing computer-based, spreadsheet formula.

  • Y = the higher of (i) the maximum Absolute TSR Threshold attained for the Performance Period, or (ii) the maximum Relative TSR Threshold attained for the Performance Period, in each case after adding any applicable Excess TSR to the Absolute TSR Performance or Relative TSR Performance, as applicable.

  • The Company's Absolute TSR Performance is the Company's TSR for the Performance Period.

  • The number of Operational Performance Units that vest on the Vesting Date and become “Vested Operational Performance Units” based on the achievement of Operational Performance Goals attained by the Company during the Performance Period shall be determined by multiplying the number of Aggregate Operational Performance Units by the applicable Absolute TSR Performance Vesting Percentage.

  • Relative TSR Performance and Absolute TSR Performance are each defined in Exhibit A.

  • Absolute TSR Performance will be the Company’s total shareholder return on an average annual basis for the Performance Period.

  • If both the Absolute TER Performance and the Absolute TSR Performance are zero or positive, the Final Payout Percentage for the Relative TER tranche will be the Relative TER Vesting Percentage determined under Section 2 above.

  • For Absolute TSR Performance at or above twenty-one percent (21%) and less than one hundred percent (100%), vesting of Absolute Component LTIP Units shall be calculated by linear interpolation utilizing computer-based, spreadsheet formula.

  • No payment of the TSR Percentage of Goal-Based Stock shares will be made if the Relative TSR Performance is below the 25th percentile, except that a payment of 25% of the TSR Percentage will be made if the Company’s Relative TSR Performance is below the 25th percentile but its Absolute TSR Performance is at least 9%.

  • Promptly following the conclusion of the Performance Period, but in no event later than 60 days following the Valuation Date, the Committee shall certify whether and to what extent such performance metrics were achieved and determine each of the Absolute TSR Performance Percentage and the Peer Group Relative TSR Performance Percentage (as defined on Exhibit A attached hereto) and the number of Restricted Stock Units subject to this Award, if any, that shall vest and be earned by the Grantee.


More Definitions of Absolute TSR Performance

Absolute TSR Performance means the Company’s total shareholder return during the Performance Period, which reflects the percentage change in the closing price of a share of Stock on the last trading day before the beginning of the Performance Period (i.e., December 30, 2022) to the closing price of a share of Stock on the last trading day during the Performance Period (plus common stock dividends paid during the Performance Period, assuming immediate reinvestment of such dividends 1 Note to Draft: Confirm interpolation. Schedule A - 2 in additional shares of Stock).2 The Absolute TSR Performance shall be determined by the Committee using the Bloomberg Terminal’s Total Return Analysis (“TRA”) function to derive the total return percentage in respect of the Performance Period in accordance with the previous sentence. If the Bloomberg Terminal’s TRA function is not available, the Absolute TSR Performance shall be determined using the equivalent successor to such function; provided that, if there is no such successor, the Absolute TSR Performance in respect of the Performance Period shall be determined by the Committee in good faith using a generally accepted method for calculating total shareholder return.

Related to Absolute TSR Performance

  • Basket Performance means a decimal number calculated by applying the following formula:

  • Final Performance means the Final Valuation Price divided by the Initial Price(Settlement) each in respect of the Worst Performing Underlying Asset as calculated in respect of the Final Valuation Date. "Final Valuation Date" means 29 November 2027, subject to adjustment.

  • Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula:

  • Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;

  • Extreme performance coating means coatings designed for harsh exposure or extreme environmental conditions.