Common use of Determination of Percentiles Clause in Contracts

Determination of Percentiles. After the end of the Performance Period, the Committee shall rank each member of the Comparison Group according to TSR. The 75th Percentile TSR is the average TSR of the second and third highest TSRs in the Comparison Group; the 50th Percentile TSR is the average TSR of the fourth and fifth highest TSRs in the Comparison Group; and the 25th Percentile TSR is the average TSR of the sixth and seventh highest TSRs in the Comparison Group. Citigroup’s TSR will then be compared to TSRs of the Comparison Group. This approach to determining percentiles may be equitably adjusted by the Committee if there is a change in the number of companies in the Comparison Group.

Determination of Percentiles. After the end of the Performance Period, the Committee shall will rank each member of the Comparison Group according to TSR. The 75th Percentile TSR is the average TSR of the second and third highest TSRs in the Comparison Group; the 50th Percentile TSR is the average TSR of the fourth and fifth highest TSRs in the Comparison Group; and the 25th Percentile TSR is the average TSR of the sixth and seventh highest TSRs in the Comparison Group. Citigroup’s TSR will then be compared to TSRs of the Comparison Group. This approach to determining percentiles may be equitably adjusted by the Committee if there is a change in the number of companies in the Comparison Group.Group.3

Determination of Percentiles. After the end of the Performance Period, the Committee shall will rank each member of the Comparison Group according to TSR. The 75th Percentile TSR is the average TSR of the second and third highest TSRs in the Comparison Group; the 50th Percentile TSR is the average TSR of the fourth and fifth highest TSRs in the Comparison Group; and the 25th Percentile TSR is the average TSR of the sixth and seventh highest TSRs in the Comparison Group. Citigroup’s TSR will then be compared to TSRs of the Comparison Group. This approach to determining percentiles may be equitably adjusted by the Committee if there is a change in the number of companies in the Comparison Group.