Absolute TSR Sample Clauses

Absolute TSR. Absolute TSR is the Performance Criterion applicable to the balance of the Performance Stock Units, and is determined by subtracting the Base Price of $6.08 per share from the closing price on the last day of trading during the applicable period. This difference will then be divided by the Base Price of $6.08 per share and multiplied by 100 to determine the Absolute TSR as a percent of growth in the stock price over the applicable period. The Company’s Absolute TSR is a Performance Criterion that will not be compared to similar Peer Company performance over the applicable period.
Sample 1See All (6)
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Absolute TSR. All unvested PRSUs subject to this Award that are outstanding as of the date immediately following the last day of the Performance Period shall be forfeited and cancelled for no consideration.
Sample 1Sample 2Sample 3See All (4)
Absolute TSR. Absolute TSR is the Performance Criterion applicable to the balance of the Performance Stock Units and is determined by subtracting the VWAP of the Company’s shares for the first 30 consecutive trading days immediately preceding the beginning of the applicable period from the VWAP of the Company’s shares for the last 30 consecutive trading days immediately preceding the end of the applicable period. This difference will then be divided by the VWAP of the Company’s shares for the first 30 consecutive trading days immediately preceding the beginning of the applicable period and multiplied by 100 to determine the Absolute TSR as a percent of growth in the stock price over the applicable period. The Company’s Absolute TSR is a Performance Criterion that will not be compared to similar Peer Company performance over the applicable period.
Sample 1
Absolute TSR. The Absolute TSR Percentage will be determined based on the INVH TSR for the Performance Period as follows:
Sample 1Sample 2
Absolute TSR. To determine the number of Performance Units earned based upon Absolute TSR, the Target Number of Performance Units under this Award shall first be multiplied by 50%. Following the determination of TSR, Absolute TSR shall be determined based on the following chart. Interpolation shall be used in the event the percent does not fall directly on one of the percentages listed in the table below and in no event will the payout as a percent of target exceed 200%. Absolute TSR Payout as a Percent of Target 24 % and above 200 % 21 % 175 % 18 % 150 % 15 % 125 % 12 % 100 % 9 % 75 % 6 % 50 % <6 % 0 %
Sample 1
Absolute TSR. To determine the number of Performance Units earned based upon Absolute TSR, the Target Award shall first be multiplied by [●]% (such product, the “Target Absolute Award”). Following the determination of TSR, the amount of the Target Absolute Award earned shall be determined based on the following chart. Interpolation shall be used in the event the percent does not fall directly on one of the percentages listed in the chart and in no event will the payout as a percent of the Target Absolute Award exceed [●]%. Absolute TSR Payout as a Percent of Target Absolute Award 36% and above [●]% 30% [●]% 24% [●]% Less than 24% [●]%
Sample 1
Absolute TSR. The Absolute TSR Percentage will be determined based on the INVH TSR for the Performance Period as follows: (i) If the INVH TSR for the Performance Period is 17% or less, then the Absolute TSR Percentage shall be 0%. (ii) If the INVH TSR for the Performance Period is 37% or more, then the Absolute TSR Percentage shall be 100%. If the INVH TSR for the Performance Period falls between the two examples set forth above, then the Absolute TSR Percentage shall be determined using linear interpolation (and rounded to the nearest whole percentage point). For example, if the INVH TSR for the Performance Period is 27%, then the Absolute TSR Percentage shall be 50%. (d) Calculation of the Award Value. As soon as reasonably practicable following the last day of the Performance Period, but in no event later than 30 days following the last day of the Performance Period, the Committee shall determine the Award Value based on the percentages described above (the date of such determination, the “Determination Date”). All determinations with respect to whether and the extent to which a Performance Condition has been achieved shall be made by the Committee in its sole discretion and the applicable Performance Conditions shall not be achieved until the Committee certifies in writing the extent to which such Performance Conditions have been met. (e) Unearned Portion of Maximum Award Value Forfeited. Any portion of the Maximum Award Value which is not earned based on actual performance during the Performance Period shall be forfeited as of the last day of the Performance Period. 3.
Sample 1
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Related to Absolute TSR

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • Performance Metrics In the event Grantee fails to timely achieve the following performance metrics (the “Performance Metrics”), then in accordance with Section 8.4 below Grantee shall upon written demand by Triumph repay to Triumph all portions of Grant theretofore funded to and received by Grantee:

  • Peer Group For purposes of this Agreement, the Company’s peer group (the “Peer Group”) shall be comprised of three components: (a) the industry peer group companies set forth in Exhibit A to this Agreement; (b) companies in the S&P 500 Index; and (c) companies in the Xxxxxx Xxxxxxx XXXX Index; provided, that each of the foregoing Peer Group components shall be subject to equitable adjustment by the Committee in its sole discretion to the extent that one or more companies in any component grouping shall cease to maintain separate legal existence by reason of merger or legal dissolution or otherwise, or shall no longer be part of the applicable index. For purposes of determining values earned for Value Management Award Units granted hereby, the components of the Peer Group will be given the following weightings: industry group 25%; S&P group 50%; and REIT Index group 25%.

  • Performance Measures The System Agency will monitor the Grantee’s performance of the requirements in Attachment A and compliance with the Contract’s terms and conditions.

  • Performance Period This Agreement shall be performed during the period which begins Oct 01 2020 and ends Sep 30 2022. All services under this Agreement must be rendered within this performance period, unless directly specified under a written change or extension provisioned under Article 14, which shall be fully executed by both parties to this Agreement.

  • Total Shareholder Return (i) Up to twenty-five percent (25%) of the RSUs granted to the Participant pursuant to this Agreement shall vest, if at all, based upon the Total Shareholder Return for the Company, as compared to the Comparison Companies, for the Performance Period in the manner set forth on Exhibit 1-A hereto.

  • Measurement Period (b) In this Agreement, unless the contrary intention appears, a reference to:

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Performance Excused The Affected Party, to the extent rendered unable to perform its obligations or part thereof under this Agreement as a consequence of the Force Majeure Event shall be excused from performance of the obligations. Provided that, the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event. Provided further, nothing contained herein shall absolve the Affected Party from any payment obligations accrued prior to the occurrence of the underlying Force Majeure Event.

  • Performance Cycle The Performance Cycle for this Award shall commence on May 1, 2006, and shall end on December 31, 2008.

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