Common use of Company Total Shareholder Return Relative to Peer Group Clause in Contracts

Company Total Shareholder Return Relative to Peer Group. The number of Units that shall vest and the number of Shares that shall become issuable on the Date of Issuance pursuant to Section 2(a) shall be based on the Company’s Total Shareholder Return relative to the Peer Group on Appendix B over the Performance Period, using a metric calculated as follows: The Units shall become issuable as Shares based on the TSR achieved by the Company over the Performance Period, relative to the TSR achieved by each member of the Peer Group over the Performance Period, expressed as a percentile (the “Relative TSR Percentile”), such that:

Appears in 4 contracts

Samples: Performance Unit Award Agreement (Capital One Financial Corp), Performance Unit Award Agreement (Capital One Financial Corp), Performance Unit Award Agreement (Capital One Financial Corp)

AutoNDA by SimpleDocs

Company Total Shareholder Return Relative to Peer Group. The number of Units that shall vest and the number of Shares that shall become issuable on the Date of Issuance pursuant to Section 2(a3(a) shall be based on the Company’s Total Shareholder Return relative to the Peer Group on Appendix B over the Performance Period, using a metric calculated as follows: The Units shall become issuable as Shares based on the TSR achieved by the Company over the Performance Period, relative to the TSR achieved by each member of the Peer Group over the Performance Period, expressed as a percentile (the “Relative TSR Percentile”), such that:

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Capital One Financial Corp), Performance Unit Award Agreement (Capital One Financial Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!