Relative Total Shareholder Return Performance definition
Examples of Relative Total Shareholder Return Performance in a sentence
Relative Total Shareholder Return Performance (“Relative TSR Performance”) will determine fifty percent (50%) of the Target Amount (“TSR Percentage”).
Performance Metric: Relative Total Shareholder Return Performance for the purposes of determining the vesting of the Performance Share Unit Awards will be based on relative Total Shareholder Return (TSR).
Relative Total Shareholder Return Performance (“Relative TSR Performance”) will determine one hundred percent (100%) of the Target Amount (“TSR Percentage”).
Performance Goal: Relative Total Shareholder Return Performance for purposes of determining the vesting of the Performance Share Units will be based on relative Total Shareholder Return (“TSR”) ranking.
In the event of a Change of Control (as defined in Exhibit B below), the number of Earned Units that are assigned to each Performance Goal issuable shall be determined as specified in the Relative Total Shareholder Return Performance Condition, as set forth in Exhibit B, in the event the Performance Period has not concluded as of the date of such Change of Control.
The number of Performance Share Units earned will be determined based on the following grid: Company Relative Total Shareholder Return Performance — Percentile Achieved Performance Share Units Earned asPercentage ofTarget Performance Share Units Less than 25th 0 % 25th (threshold) 40 % 55th (target) 100 % 80th and above (maximum) 150 % TSR = (Priceend − Pricebegin + Dividends) / Pricebegin Pricebegin = the average of the closing share price of the Stock over the 20 trading days beginning October 1, 2017.
Performance Metric: Relative Total Shareholder Return Performance for the purposes of determining the vesting of the Performance Share Unit Awards will be based on relative Total Shareholder Return (“TSR”) ranking.
In the event of a Change of Control, the number of Earned Units that are assigned to each Performance Goal issuable shall be determined as specified in the Relative Total Shareholder Return Performance Condition, as set forth in Exhibit B, with respect to the portion of the Performance Stock Units associated with any Performance Period that has not concluded as of the date of such Change of Control.
In the event of a Change of Control, the number of Earned Units that are assigned to each Performance Goal issuable shall be determined as specified in the Relative Total Shareholder Return Performance Condition, as set forth in Exhibit B, in the event the Performance Period has not concluded as of the date of such Change of Control.
Two-Year Relative Total Shareholder Return Performance (“Two-Year Relative TSR Performance”) will determine forty percent (40%) of the Target Amount (“TSR Percentage”).