Common use of Calculation of Relative Total Shareholder Return Clause in Contracts

Calculation of Relative Total Shareholder Return. The extent to which the number of PSUs which become vested under this Agreement shall be determined by measuring the Company’s Total Shareholder Return as a percentage ranking in comparison with the Peer Group Total Shareholder Return, as calculated using the above-stated principles, with the Company included in the group. The determination of whether the Company’s Total Shareholder Return is negative for the three-year Performance Period ending December 31, 2023 shall be determined using the above-stated principles. Adjustments and actions with respect to the Company and any peer group company shall be in accord with the provisions of Appendix C.

Appears in 2 contracts

Samples: Performance Vested Restricted Stock Unit Agreement (Allegheny Technologies Inc), Performance Vested Restricted Stock Unit Agreement (Allegheny Technologies Inc)

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Calculation of Relative Total Shareholder Return. The extent to which the number of PSUs which become vested under this Agreement shall be determined by measuring the Company’s Total Shareholder Return as a percentage ranking in comparison with the Peer Group Total Shareholder Return, as calculated using the above-stated principles, with the Company included in the group. The determination of whether the Company’s Total Shareholder Return is negative for the three-year Performance Period ending December 31, 2023 2025 shall be determined using the above-stated principles. Adjustments and actions with respect to the Company and any peer group company shall be in accord with the provisions of Appendix C.

Appears in 1 contract

Samples: Performance Vested Restricted Stock Unit Agreement (Ati Inc)

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Calculation of Relative Total Shareholder Return. The extent to which the number of PSUs which become vested under this Agreement shall be determined by measuring the Company’s Total Shareholder Return as a percentage ranking in comparison with the Peer Group Total Shareholder Return, as calculated using the above-stated principles, with the Company included in the group. The determination of whether the Company’s Total Shareholder Return is negative for the three-year Performance Period ending December 31, 2023 2026 shall be determined using the above-stated principles. Adjustments and actions with respect to the Company and any peer group company shall be in accord with the provisions of Appendix C.

Appears in 1 contract

Samples: Performance Vested Restricted Stock Unit Agreement (Ati Inc)

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