Other Equitable Adjustments. Equitable adjustments shall be made to account for stock splits, recapitalizations and other similar events affecting the common equity securities in question. The formula for this TSR payout calculation is as follows: ((B + .5E) ÷ N) × 100 B = Number of rTSR Peer Companies with TSRs below the Company’s TSR E = Number of rTSR Peer Companies with TSRs equal to the Company’s TSRN = The number of rTSR Peer Companies EPS-RELATED DEFINITIONS AND ADDITIONAL INFORMATION Earnings Per Share: EPS represents the Company’s net income divided by the weighted average of the number of the Company’s Ordinary Shares on a fully diluted basis during a specified start and ending period.
Appears in 4 contracts
Samples: Restricted Share Unit Award Agreement (Flex Ltd.), Restricted Share Unit Award Agreement (Flex Ltd.), Restricted Share Unit Award Agreement (Flex Ltd.)
