Acquired Companies. Notwithstanding the foregoing, TSR for any Acquired Company (as defined in Section 2.6, below) will be a percentage equal to the difference between (x) the product of (I) 100% plus the “Independent Period TSR” (as defined below) multiplied by (II) 100% plus the “Index Return” (as defined below), minus (y) 100%.
Appears in 3 contracts
Sources: Performance Share Agreement (PDC Energy, Inc.), Performance Share Agreement (PDC Energy, Inc.), Performance Share Agreement (PDC Energy, Inc.)