Absolute TSR Performance Vesting Percentage definition

Absolute TSR Performance Vesting Percentage means the percentage determined as set forth on Exhibit A attached hereto, which is a function of the Company TSR Percentage during the Performance Period.
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Absolute TSR Performance Vesting Percentage means a function of the Company TSR Percentage during the Performance Period, and shall be determined as set forth below: < 6.0% 0 % “Threshold Level” 6.0 % 14.29 % “Target Level” 9.0 % 42.90 % “Maximum Level” ≥ 13.0% 100 % In the event that the Company TSR Percentage falls between the Threshold Level and the Target Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the Threshold Level and Target Level Absolute TSR Performance Vesting Percentages specified above; and in the event that the Company TSR Percentage falls between the Target Level and the Maximum Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the Target Level and Maximum Level Absolute TSR Performance Vesting Percentages specified above.
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Absolute TSR Performance Vesting Percentage means a function of the Company TSR Percentage during the Performance Period, and shall be determined as set forth below:
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Examples of Absolute TSR Performance Vesting Percentage in a sentence

  • 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.

  • The RSUs shall become Performance Vested RSUs based on the achievement during the Performance Period of the Company TSR Percentage, by multiplying the applicable Absolute TSR Performance Vesting Percentage (as determined in accordance with Exhibit A) by the total number of RSUs granted hereunder.

  • As soon as reasonably practicable (but in no event more than 45 days) following the completion of the Performance Period, the Board shall determine the Company TSR Percentage as of the completion of the Performance Period, and the Administrator shall apply such determination to calculate the Absolute TSR Performance Vesting Percentage and the number of RSUs granted hereby that have become Performance Vested RSUs, in each case, as of the completion of the Performance Period.


More Definitions of Absolute TSR Performance Vesting Percentage

Absolute TSR Performance Vesting Percentage means a function of the Company TSR Percentage during the Performance Period, and shall be determined as set forth below: “Threshold Level” $[____] 25% “Target Level” $[____]– [____] 50% “Maximum Level” ≥$[____] 100% In the event that the Company TSR Percentage falls between the Threshold Level and the Target Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the Threshold Level and Target Level Absolute TSR Performance Vesting Percentages specified above; and in the event that the Company TSR Percentage falls between the Target Level and the Maximum Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the Target Level and Maximum Level Absolute TSR Performance Vesting Percentages specified above. *Notwithstanding the foregoing, the Absolute TSR Performance Vesting Percentage shall be (i) reduced by 0.5% for each percentile that the Company’s Peer Group Relative Performance is below the [___]th percentile, and (ii) increased by 0.5% for each percentile that the Company’s Peer Group Relative Performance is above the [___]th percentile (but in no event shall the Absolute TSR Performance Vesting Percentage exceed 100%), in each case, during the Performance Period.
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Absolute TSR Performance Vesting Percentage means a function of the Company TSR Percentage during the Performance Period, and shall be determined as set forth below. “Threshold Level” 24.0% 20% “Target Level” 37.0% 60% “Maximum Level” ≥ 50.0% 100 % In the event that the Company TSR Percentage falls between the Threshold Level and the Target Level or between the Target Level and the Maximum Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the applicable levels. In no event shall the Absolute TSR Performance Vesting Percentage exceed 100%.
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Absolute TSR Performance Vesting Percentage means a function of the Company TSR Percentage during the Performance Period, and shall be determined as set forth below: Company TSR Percentage Absolute TSR Performance Vesting Percentage* < [__]% 0% “Threshold Level” [__]% 25% “Target Level” [__]% 50% “Maximum Level” ≥[__]% 100% In the event that the Company TSR Percentage falls between the Threshold Level and the Target Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the Threshold Level and Target Level Absolute TSR Performance Vesting Percentages specified above; and in the event that the Company TSR Percentage falls between the Target Level and the Maximum Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the Target Level and Maximum Level Absolute TSR Performance Vesting Percentages specified above. *Notwithstanding the foregoing, the Absolute TSR Performance Vesting Percentage shall be (i) reduced by 1.0% for each percentile that the Company’s Peer Group Relative Performance is below the 20th percentile, and (ii) increased by 1.0% for each percentile that the Company’s Peer Group Relative Performance is above the 80th percentile (but in no event shall the Absolute TSR Performance Vesting Percentage exceed 100%), in each case, during the Performance Period. “Acquisition Performance Vesting Percentage” means a function of Company Acquisition Value during the Performance Period, and shall be determined as set forth below: Company Acquisition Value Acquisition Performance Vesting Percentage < $[__] 0% “Threshold Level” $[__] 25% “Target Level” $[__]– [__] 50% “Maximum Level” ≥$[__] 100% In the event that Company Acquisition Value falls between the Threshold Level and the Target Level, the Acquisition Performance Vesting Percentage shall be determined using straight line linear interpolation between Exhibit 10.2
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Absolute TSR Performance Vesting Percentage means a function of the Company TSR Percentage during the TSR Performance Period, and shall be determined as set forth below. “Threshold Level” 18.0% 16.7% “Target Level” 24.0% 33.3% “High Level” 30.0% 66.7% “Maximum Level” ≥ 40.0% 100% In the event that the Company TSR Percentage falls between the Threshold Level and the Target Level, between the Target Level and the High Level, or between the High Level and the Maximum Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the applicable levels. In no event shall the Absolute TSR Performance Vesting Percentage exceed 100%.
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Related to Absolute TSR Performance Vesting Percentage

  • Vesting Percentage means the percentage by which the Target Total Award is multiplied as set forth in the chart in Section II below.

  • Performance Percentage means the factor determined pursuant to a Performance Schedule that is to be applied to a Target Award and that reflects actual performance compared to the Performance Target.

  • TSR Percentile Rank means the percentile performance of the Company and each of the companies in the Peer Group based on the TSR for such company as determined by the Committee for the Performance Period.

  • Qualifying Performance Criteria means any one or more of the following performance criteria, either individually, alternatively or in any combination, applied to either the Company as a whole or to a business unit, Parent, Subsidiary or business segment, either individually, alternatively or in any combination, and measured either annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established target, to previous years’ results or to a designated comparison group, and on a pre-tax or after-tax basis, in each case as specified by the Committee in the Award: (i) cash flow (including operating cash flow or free cash flow); (ii) earnings (including gross margin, earnings before interest and taxes, earnings before taxes, and net earnings); (iii) earnings per share; (iv) growth in earnings or earnings per share; (v) stock price; (vi) return on equity or average stockholders’ equity; (vii) total stockholder return; (viii) return on capital; (ix) return on assets or net assets; (x) return on investment; (xi) revenue; (xii) income or net income; (xiii) operating income or net operating income; (xiv) operating profit or net operating profit; (xv) operating margin; (xvi) return on operating revenue; (xvii) market share; (xviii) contract awards or backlog; (xix) overhead or other expense reduction; (xx) growth in stockholder value relative to the moving average of the S&P 500 Index or a peer group index; (xxi) credit rating; (xxii) strategic plan development and implementation (including individual performance objectives that relate to achievement of the Company’s or any business unit’s strategic plan); (xxiii) improvement in workforce diversity; (xxiv) expenses; (xxv) economic value added; (xxvi) product quality; (xxvii) number of customers; (xxviii) objective customer indicators; (xxix) customer satisfaction; (xxx) new product invention or innovation; (xxxi) profit after taxes; (xxxii) pre-tax profit; (xxxiii) working capital; (xxxiv) sales; (xxxv) advancement of the Company’s product pipeline; (xxxvi) consummation of strategic transactions; (xxxvii) reduction in cash utilization; and (xxxviii) addition of technologies and products. The Committee may appropriately adjust any evaluation of performance under a Qualifying Performance Criteria to exclude any of the following events that occurs during a performance period: (A) asset write-downs; (B) litigation or claim judgments or settlements; (C) the effect of changes in tax law, accounting principles or other such laws or provisions affecting reported results; (D) accruals for reorganization and restructuring programs; and (E) any gains or losses classified as extraordinary or as discontinued operations in the Company’s financial statements.

  • Payout Percentage means the percentage (between 0% and 200%) determined by the Committee in accordance with the procedures set forth in Paragraph 2, which shall be used to determine the value of each Performance Unit.