Determination of TSR. (a) TSR for each Competitor Company and the Company shall be determined in accordance with the following formula. TSR shall be equal to the quotient of (i) divided by (ii), where: (i) is equal to the sum of (x) and (y) where (x) is the difference between the “Beginning Stock Price” and the “Ending Stock Price” and (y) is the sum of all dividends paid on one (1) Share during the Performance Period, provided that dividends shall be treated as reinvested at the end of each calendar quarter; and (ii) is equal to the “Beginning Stock Price”. (b) Definitions for purposes of determining TSR under paragraph 3(a) above include:
Appears in 5 contracts
Samples: Performance Unit Award Agreement (American Axle & Manufacturing Holdings Inc), Performance Unit Award Agreement (American Axle & Manufacturing Holdings Inc), Performance Share Award Agreement (American Axle & Manufacturing Holdings Inc)
Determination of TSR. (a) TSR for each Competitor Company and the Company shall be determined in accordance with the following formula. TSR shall be equal to the quotient of (i) divided by (ii), where:
(i) is equal to the sum of (x) and (y) where (x) is the difference between the “Beginning Stock Price” and the “Ending Stock Price” ”; and (y) is the sum of all dividends paid on one (1) Share during the Performance Period, provided that dividends shall be treated as reinvested at the end of each calendar quarter; and
(ii) is equal to the “Beginning Stock Price”.
(b) Definitions for purposes of determining TSR under paragraph 3(a) above include:
Appears in 3 contracts
Samples: Performance Share Award Agreement (American Axle & Manufacturing Holdings Inc), Performance Share Award Agreement (American Axle & Manufacturing Holdings Inc), Performance Share Award Agreement (American Axle & Manufacturing Holdings Inc)
Determination of TSR. (a) TSR for each Competitor Company and the Company shall be determined in accordance with the following formula. TSR shall be equal to the quotient of (i) divided by (ii), where:
(i) is equal to the sum of (x) and (y) where (x) is the difference between the “Beginning Stock Price” and the “Ending Stock Price” and (y) is the sum of all dividends paid on one (1) Share during the Performance Period, provided that dividends shall be treated as reinvested at the end of each calendar quarter; and
(ii) is equal to the “Beginning Stock Price.”.
(b) Definitions for purposes of determining TSR under paragraph 3(a) above include:
Appears in 2 contracts
Samples: Performance Share Award Agreement (American Axle & Manufacturing Holdings Inc), Performance Share Award Agreement (American Axle & Manufacturing Holdings Inc)
Determination of TSR. (a) TSR for each Competitor Company and the Company shall be determined in accordance with the following formula. TSR shall be equal to the quotient of (i) divided by (ii), where:
where (i) is equal to the sum of (x) and (y) where (x) is the difference between the “Beginning Stock Price” and the “Ending Stock Price” ”; and (y) is the sum of all dividends paid on one (1) Share during the Performance Period, provided that dividends shall be treated as reinvested at the end of each calendar quarter; and
and (ii) is equal to the “Beginning Stock Price”.
(b) Definitions for purposes of determining TSR under paragraph 3(a) above include:
Appears in 1 contract
Samples: Performance Share Award Agreement
