Absolute TSR Amount Clause Samples

Absolute TSR Amount. Subject to the provisions of Sections 2(c) and 2(d) below and the paragraph immediately below the following table, the following table sets forth the cumulative number of Absolute TSR Award LTIPs that shall vest and be earned based on the Absolute TSR as of the Valuation Date (such number of vested and earned Absolute TSR Award LTIPs, the “Absolute TSR Amount”): Below Threshold (0%) Less than 18.0% 0 Threshold (25%) 18.0% 1,066,110.625 Target (50%) 24.0% 2,132,221.250 Maximum (100%) 36.0% or higher 4,264,442.500 All Absolute TSR Award LTIPs will be forfeited if the Absolute TSR is less than 18 percent. If the Absolute TSR is more than 18 percent but less than 24 percent, or more than 24 percent but less than 36 percent, in either case, the cumulative number of Absolute TSR Award LTIPs that will vest and be earned will be determined using linear interpolation as between the respective tiers.