Absolute Performance Goal. The average return on average shareholders’ tangible common equity for TFC during the Performance Period, as adjusted by TFC (“TFC ROATCE”), must be at least seven percent (7%), and if less than seven percent (7%) there will not be an Award payout.
Appears in 4 contracts
Samples: Performance Unit Award Agreement (Truist Financial Corp), Ltip Award Agreement (Truist Financial Corp), Ltip Award Agreement (Truist Financial Corp)
Absolute Performance Goal. The average return on average shareholders’ tangible common equity for TFC during the Performance Period, as adjusted by TFC (“TFC ROATCEROACE”), must be at least seven percent (7%), and if less than seven percent (7%) there will not be an Award payout.
Appears in 4 contracts
Samples: Performance Unit Award Agreement (Truist Financial Corp), Performance Unit Award Agreement (Truist Financial Corp), Ltip Award Agreement (Truist Financial Corp)
