Average TSR Sample Clauses

Average TSR. The average TSR for a company for the Performance Period shall be the sum of the TSRs of the company measured at the end of each calendar quarter during the Performance Period, US/INTERNATIONAL EMPLOYEE (EXHIBIT A) divided by 12. The average TSR for a company during the Performance Period shall be calculated based on the following formula: 2019 TSR Formula - Sustained Performance q=12 Average indexed performance = Σ (xq / x) q=1 where: x = share price at beginning of calendar year in which the applicable calendar quarter occurs (measured by simple average of the closing prices of a share trading during regular trading hours for the last twenty trading days preceding the beginning of such calendar year) xq = closing share price at the end of each quarter (measured by simple average of the closing prices of a share trading during regular trading hours for the last twenty trading days of such calendar quarter, and adjusted for dividends paid (where the dividend payment date is the ex-dividend date)) q = quarter number (1 through 12) Example 1: Date Share price * Index (x) (xq / x) 1/1/2019 $ 20.00 3/31/2019 $ 22.00 110.0 6/30/2019 $ 24.00 120.0 9/30/2019 $ 21.00 105.0 12/31/2019 $ 20.00 100.0 3/31/2020 $ 18.00 90.0 6/30/2020 $ 22.00 110.0 9/30/2020 $ 25.00 125.0 12/31/2020 $ 28.00 140.0 3/31/2021 $ 31.00 110.7 6/30/2021 $ 33.00 117.9 9/30/2021 $ 30.00 107.1 12/31/2021 $ 28.00 100.0 q=12 Σ (xq / x) = 1,335.7 q=1 q=12 Σ (xq / x) = 111.3 US/INTERNATIONAL EMPLOYEE (EXHIBIT A) q=1 * Average price adjusted for dividends paid in the period, where the dividend payment date is the ex-dividend date.
Sample 1See All (7)
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Average TSR. The average TSR for a company for the Performance Period shall be the sum of the TSRs of the company measured at the end of each calendar quarter during the Performance Period, divided by 12. The average TSR for a company during the Performance Period shall be calculated based on the following formula: US/INTERNATIONAL EMPLOYEE (CASH/STOCK) (EXHIBIT A) 2024 TSR Formula - Sustained Performance q=12 Average indexed performance = ∑ (xq / x) q=1 where: x = share price at beginning of calendar year in which the applicable calendar quarter occurs (measured by simple average of the closing prices of a share trading during regular trading hours for the last twenty trading days preceding the beginning of such calendar year) xq = closing share price at the end of each quarter (measured by simple average of the closing prices of a share trading during regular trading hours for the last twenty trading days of such calendar quarter, and adjusted for dividends paid (where the dividend payment date is the ex-dividend date)) q = quarter number (1 through 12) Example 1: Date Share price * Index (x) (xq / x) 1/1/2024 $ 20.00 3/31/2024 $ 22.00 110.0 6/30/2024 $ 24.00 120.0 9/30/2024 $ 21.00 105.0 12/31/2024 $ 20.00 100.0 3/31/2025 $ 18.00 90.0 6/30/2025 $ 22.00 110.0 9/30/2025 $ 25.00 125.0 12/31/2025 $ 28.00 140.0 3/31/2026 $ 31.00 110.7 6/30/2026 $ 33.00 117.9 9/30/2026 $ 30.00 107.1 12/31/2026 $ 28.00 100.0 q=12 ∑ (xq / x) = 1,335.7 q=1 q=12 ∑ (xq / x) = 111.3 q=1 * Average price adjusted for dividends paid in the period, where the dividend payment date is the ex-dividend date. US/INTERNATIONAL EMPLOYEE (CASH/STOCK) (EXHIBIT A) B. Peer Group and TSR Payout Once the average TSR for the Company during the Performance Period is calculated, the average TSR for each company in the Peer Group shall be calculated. The Peer Group shall consist of the following companies (including KBR, Inc.): BAE Systems plc Xxxxxx Solutions Inc. Booz Xxxxx Xxxxxxxx Holding Corporation L3Harris Technologies, Inc. CACI International Inc Leidos Holdings, Inc. Conduent Incorporated Xxxxxxx Corporation Dover Corporation Science Applications International Corporation Flowserve Corporation Teradata Corporation Fluor Corporation Tetra Tech, Inc. Gartner, Inc. Textron Inc. Xxxxxxx Incorporated The Timken Company Huntington Xxxxxxx Industries, Inc. No company shall be added to, or removed from, the Peer Group during the Performance Period, except that a company shall be removed from the Peer Group if duri...
Sample 1See All (6)
Average TSR. The average TSR for a company for the Performance Period shall be the sum of the TSRs of the company measured at the end of each calendar quarter during the Performance Period, divided by 12. The average TSR for a company during the Performance Period shall be calculated based on the following formula: US/INTERNATIONAL EMPLOYEE (EXHIBIT A) 2014 TSR Formula - Sustained Performance q=12 Average indexed performance = Σ (xq / x) q=1 where: x = share price at beginning of performance period (measured by closing price on the last trading day preceding the beginning of the performance period) xq = closing share price at the end of each quarter (adjusted for dividends paid, where the dividend payment date is the ex-dividend date) q = quarter number (1 through 12) Example 1: Date Share price * Index (x) (xq / x) 1/1/2014 $20.00 3/31/2014 $22.00 110.0 6/30/2014 $24.00 120.0 9/30/2014 $21.00 105.0 12/31/2014 $20.00 100.0 3/31/2015 $18.00 90.0 6/30/2015 $22.00 110.0 9/30/2015 $25.00 125.0 12/31/2015 $28.00 140.0 3/31/2016 $31.00 155.0 6/30/2016 $33.00 165.0 9/30/2016 $30.00 150.0 12/31/2016 $28.00 140.0 q=12 Σ (xq / x) = 1,510.0 q=1 q=12 Σ (xq / x) = 125.8 q=1 XX/XXXXXXXXXXXXX XXXXXXXX (XXXXXXX X) * Share price adjusted for dividends paid in the period, where the dividend payment date is the ex-dividend date.
Sample 1
Average TSR. The average TSR for a company for the Performance Period shall be the sum of the TSRs of the company measured at the end of each calendar quarter during the Performance Period, divided by 12. The average TSR for a company during the Performance Period shall be calculated based on the following formula: 2012 TSR Formula - Sustained Performance q=12 Average indexed performance = Σ (xq / x) q=1 where: x = share price at beginning of performance period (measured by closing price on the last trading day preceding the beginning of the performance period) xq = closing share price at the end of each quarter (adjusted for dividends paid, where the dividend payment date is the ex-dividend date) q = quarter number (1 through 12) Example 1: Date Share price * Index (x) (xq / x) 1/1/2012 $20.00 3/31/2012 $22.00 110.0 6/30/2012 $24.00 120.0 9/30/2012 $21.00 105.0 12/31/2012 $20.00 100.0 3/31/2013 $18.00 90.0 6/30/2013 $22.00 110.0 9/30/2013 $25.00 125.0 12/31/2013 $28.00 140.0 3/31/2014 $31.00 155.0 6/30/2014 $33.00 165.0 9/30/2014 $30.00 150.0 12/31/2014 $28.00 140.0 q=12 Σ (xq / x) = 1,510.0 q=1 q=12 Σ (xq / x) = 125.8 q=1 * Share price adjusted for dividends paid in the period, where the dividend payment date is the ex-dividend date.
Sample 1

Related to Average TSR

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  • 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

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Net Leverage Ratio Subject to the proviso set forth in Section 10.3, the Company will not permit the Consolidated Net Leverage Ratio at any time during any period of four consecutive fiscal quarters of the Company to be greater than (a) 3.50 to 1.00 or (b) during an Acquisition Holiday Period, 4.00 to 1.00.

  • Maximum Total Leverage Ratio Permit the Total Leverage Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December 31, 2014, to exceed the ratio set forth below with respect to such fiscal quarter: Fiscal Quarter Maximum Total Leverage Ratio Fiscal quarter ending September 30, 2016 4.50 to 1.00 Fiscal quarter ending December 31, 2016 4.50 to 1.00 Fiscal quarter ending March 31, 2017 3.25 to 1.00 Fiscal quarters ending June 30, 2017 and thereafter 3.00 to 1.00

  • Market Capitalization At the time the Registration Statement was or will be originally declared effective, and at the time the Company’s most recent Annual Report on Form 10-K was filed with the Commission, the Company met or will meet the then applicable requirements for the use of Form S-3 under the Securities Act, including, but not limited to, General Instruction I.B.1

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • 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.

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