CORPORATE PERFORMANCE FACTOR Clause Samples

CORPORATE PERFORMANCE FACTOR. The “Annual Corporate Performance Factor” means 100.00%, plus or minus PNC’s one-year total shareholder return (TSR) for the year to which the Tranche relates. For this Award, TSR is the total shareholder return (i.e., price change plus reinvestment of dividends) on a share of PNC Common Stock for the applicable calendar year, assuming an investment on the first day of the year is held through the last day of the applicable year based on the closing price on the last trading day of the preceding year and on the last trading day of the applicable year, respectively. PNC will present information to the Committee with respect to PNC’s level of TSR Performance for a given performance year following the end of that calendar year. The process of certification of the level of PNC’s TSR Performance with respect to a given performance year will generally occur in late January or early February after the applicable year end date. Calculation. Except as set forth in paragraph 6 below, the Annual Corporate Performance Factor for a Tranche will be 100.00% plus or minus (as applicable) the positive or negative TSR performance of PNC for the year that relates to that Tranche, up to a maximum of 25 percentage points in either direction (i.e., it will range between 75.00% and 125.00% of the number of outstanding PRSUs in a Tranche). The Annual Corporate Performance Factor will be calculated to two places to the right of the decimal, rounded to the nearest ..

CORPORATE PERFORMANCE FACTOR. Once Average ▇▇▇ and Relative Average EPS Growth are determined, the Corporate Performance Factor is calculated using the table below. Bilinear interpolation applies for performance between the threshold and maximum levels (in either direction). If Average ▇▇▇ falls below the threshold in the table below, and PNC’s percentile rank relating to average relative EPS is at or below the 25th percentile, the award is eligible for forfeiture. The calculated payout percentage will range from 0.00% to 150.00%. Absolute ▇▇▇ 13.00% 100.0% 125.0% 150.0% 11.50% 87.5% 112.5% 137.5% 10.50% 75.0% 100.0% 125.0% 9.50% 62.5% 87.5% 100.0% 8.00% 50.0% 75.0% 87.5% Below 0.0% 25.0% 50.0%

CORPORATE PERFORMANCE FACTOR. The overall Corporate Performance Factor used in the final award determination process by the Committee pursuant to Section 5 is calculated, as set forth in Section 14.20, as the weighted average of the Annual Potential Payout Percentages for all of the covered annual performance measurement periods in the overall Performance Period specified in the applicable subsections of Section 5 or Section 6, as the case may be, including those covered periods consisting of a full year, if any, and those, if any, consisting of a partial year, but in no event more than three covered periods in all and in no event resulting in a Corporate Performance Factor of greater than 200.00%. As described in Section 3.1 above, the final Corporate Performance Factor is taken into account as part of the Final Award determination process by the Compensation Committee as set forth in Section 5 or may be a part of the Final Award calculation pursuant to Section 6 of the Agreement, as applicable.

CORPORATE PERFORMANCE FACTOR. The overall Corporate Performance Factor (also sometimes referred to as the Corporate Factor) used in the final award determination process by the Committee pursuant to Section 5 is calculated, as set forth in Section 15.21, as the weighted average of the Annual Corporate Performance Potential Payout Percentages for all of the covered annual performance measurement periods in the overall Performance Period specified in the applicable subsections of Section 5 or Section 6, as the case may be, including those covered periods consisting of a full year, if any, and those, if any, consisting of a partial year, but in no event more than three covered periods in all and in no event resulting in a Corporate Performance Factor of greater than 200.00%. The final Corporate Performance Factor is taken into account as part of the Final Award determination process by the Compensation Committee as set forth in Section 5 or may be a part of the Final Award calculation pursuant to Section 6 of the Agreement, as applicable.