Common use of Number of Performance Units Earned Clause in Contracts

Number of Performance Units Earned. Except as may be provided in section 7 below, after completion of the Performance Period, the total number of Performance Units will be earned and vested based entirely on Relative TSR (as determined in section 6.A) as of the last day of the Performance Period. For purposes of this Award, TSR shall be expressed as a compound annual growth rate and calculated as follows: TSR = ( Ending Stock Price + Dividends PaidBeginning Stock Price ) (1/3) - 1

Appears in 3 contracts

Samples: Steelcase Inc, Steelcase Inc, Steelcase Inc

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Number of Performance Units Earned. Except as may be provided in section paragraph 7 below, after completion of the Performance Period, the total number of Performance Units will be earned and vested based entirely on Relative TSR (as determined in section paragraph 6.A) as of the last day of the Performance Period. For purposes of this Award, TSR shall be expressed as a compound annual growth rate and calculated as follows: TSR = ( Ending Stock Price + Dividends PaidBeginning Stock Price ) (1/3) - 1

Appears in 2 contracts

Samples: Steelcase Inc, Steelcase Inc

Number of Performance Units Earned. Except as may be provided in section paragraph 7 below, after completion of the Performance Period, the total number of Performance Units will be earned and vested based entirely on Relative TSR (as determined in section paragraph 6.A) as of the last day of the Performance Period. For purposes of this Award, TSR shall be expressed as a compound annual growth rate and calculated as follows: TSR = ( Ending Stock Price + Dividends PaidBeginning Stock Price ) (1/3) - 1:

Appears in 1 contract

Samples: Steelcase Inc

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Number of Performance Units Earned. Except as may be provided in section paragraph 7 below, after completion of the Performance Period, the total number of Performance Units will be earned and vested based entirely on Relative TSR (as determined in section paragraph 6.A) as of the last day of the Performance Period. For purposes of this Award, TSR shall be expressed as a compound annual growth rate and calculated as follows: TSR = ( Ending Stock Price + Dividends PaidBeginning Paid Beginning Stock Price ) (1/3) - 1

Appears in 1 contract

Samples: Steelcase Inc

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