Common use of For actual ROAE and Simple Average Clause in Contracts

For actual ROAE and Simple Average. Net Income Growth numbers between the numbers on the matrix, the Committee will interpolate to arrive at the earned award. 3.) For purposes of the Award, the “TSR” for the Relative 3-year TSR for the Company and each of its Peer Group Members for the Performance Period will be determined by comparing the average closing price for a share of common stock of each company during the period beginning 10 days prior to the end of the Performance Period and ending 10 days after the Performance Period plus the cumulative dividends earned during the Performance Period, to the average closing price of a share of common stock of each company during the period beginning 10 days prior to the start of the Performance Period and ending 10 days after the start of the Performance Period.

For actual ROAE and Simple Average. Net Income Growth numbers between the numbers on the matrix, the Committee will interpolate to arrive at the earned award. 3.) For purposes of the this Award, the “TSR” for the Relative 3-year TSR for the Company and each of its Peer Group Members for the Performance Period Period, will be determined by comparing the average closing price for a share of common stock of each company during the period beginning 10 days prior to the end of the Performance Period and ending 10 days after the Performance Period plus the cumulative dividends earned during the Performance Period, to the average closing price of a share of common stock of each company during the period beginning 10 days prior to the start of the Performance Period and ending 10 days after the start of the Performance Period.