Determination of TSR Performance Shares. Following the end of the Performance Period, the Compensation Committee shall determine and confirm: (a) the TSR attained by the Company and its relative performance compared to the Xxxxxxx 2000 Index; (b) the TSR Payout Factor for TSR Performance Shares; (c) the number of TSR Performance Shares earned which shall be issuable to Employee; and (d) the amount of the TSR Dividend Equivalent Performance Shares payable to Employee. Prior to such meeting, the Company shall provide to the Compensation Committee, in reasonable detail, the calculation of the Company’s TSR, the TSR Payout Factor, the number of TSR Performance Shares issuable to Employee and the amount of the TSR Dividend Equivalent Performance Shares issuable to Employee, which information shall be available to Employee upon request after the Payment Date (as hereinafter defined). The number of TSR Performance Shares earned shall be rounded to the nearest whole share.
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Samples: TSR Performance Award Agreement (Real Industry, Inc.), TSR Performance Award Agreement (Real Industry, Inc.)
Determination of TSR Performance Shares. Following the end of the Performance Period, the Compensation Committee shall determine and confirm: (a) the TSR attained by the Company and its relative performance compared ranking against the Peer Group Companies, subject to the Xxxxxxx 2000 Indexweighting set forth in Section 2.5; (b) the TSR Payout Factor for TSR Performance Shares; (c) the number of TSR Performance Shares earned which shall be issuable to Employee; and (d) the amount of the TSR Dividend Equivalent Performance Shares Cash Award payable to Employee. Prior to such meeting, the Company shall provide to the Compensation Committee, in reasonable detail, the calculation of the Company’s TSR, the TSR Payout Factor, the number of TSR Performance Shares issuable to Employee and the amount of the TSR Dividend Equivalent Performance Shares issuable Cash Award payable to Employee, which information shall be available to Employee upon request after the Payment Date (as hereinafter defined). The number of TSR Performance Shares earned shall be rounded to the nearest whole share.
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Samples: TSR Award Agreement (Covanta Holding Corp), TSR Award Agreement (Covanta Holding Corp)
Determination of TSR Performance Shares. Following the end of the Performance Period, the Compensation Committee shall determine and confirm: (a) the TSR attained by the Company and its relative performance compared ranking against the Peer Group Companies, subject to the Xxxxxxx 2000 Indexweighting set forth in Section 2.5; (b) the TSR Payout Factor for TSR Performance Shares; (c) the number of TSR Performance Shares earned which shall be issuable to Employee; and (d) the amount of the TSR Dividend Equivalent Performance Shares Cash Award payable to Employee. Prior to such meeting, the Company shall provide to the Compensation Committee, in reasonable detail, the calculation of the Company’s 's TSR, the TSR Payout Factor, the number of TSR Performance Shares issuable to Employee and the amount of the TSR Dividend Equivalent Performance Shares issuable Cash Award payable to Employee, which information shall be available to Employee upon request after the Payment Date (as hereinafter defined). The number of TSR Performance Shares earned shall be rounded to the nearest whole share.
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