Peer Companies. Peer Companies are the companies in the S&P 500 as of the first day of the relevant period other than H&R Block. If a Peer Company ceases to be a member of the S&P 500 during the relevant period, then such company will be treated as described below:
(a) In the event a Peer Company files for bankruptcy or liquidates due to an insolvency, such company will continue to be treated as a Peer Company; provided, however, that such company’s Ending Value will be treated as $0 if the common stock (or similar equity security) of such company is no longer listed or traded on a national securities exchange on the last trading day of the calculation of the Ending Value.
(b) In the event a Peer Company ceases to be a member of the S&P 500 due to a change in the company’s market capitalization relative to other members of the S&P 500, and the common stock (or similar equity security) of such company continues to be traded on a national securities exchange as of the last trading day of the calculation of the Ending Value, such company will continue to be treated as a Peer Company.
(c) In the event of the acquisition of a Peer Company (including, without limitation, (i) a merger or other business combination of a Peer Company with another entity in which the Peer Company is not the survivor, and (ii) the sale of all or substantially all of a Peer Company’s assets), such acquired entity will no longer be treated as a Peer Company and will be excluded from the calculation. In the event that the business combination transaction involves two Peer Companies, the acquiring entity will continue to be treated as a Peer Company.
(d) If a Peer Company ceases to be a member of the S&P 500 for any reason not described above, such company will be excluded from the calculation.
Peer Companies. Peer Companies are the companies in the S&P 500 as of the first day of the relevant period other than H&R Block. If a Peer Company ceases to be a member of the S&P 500 during the relevant period, then such company will be excluded from the calculation.
Peer Companies. The term “Peer Companies” means all companies listed in the Xxxxxxx Mid-Cap Financial Services Index as of the first day of the Performance Period as adjusted below. Each Peer Company’s “common stock” shall mean that series of common stock that is publicly traded on a registered U.S. exchange or, in the case of a non-U.S. company, an equivalent non-U.S. exchange. For purposes of calculating TSR, the value on any given trading day of any Peer Company shares traded on a foreign exchange will be converted to U.S. dollars. The Peer Companies may be changed as follows:
Peer Companies. The “Peer Companies” shall consist of those exploration and production companies selected by the Committee in its sole discretion at the initiation of the Performance Period, as such group may be modified from time to time during the Performance Period by the Committee in its sole discretion.
Peer Companies. For purposes of the Performance Metric for the relevant Performance Period, the “Peer Companies” means the companies listed on Schedule A. Any Peer Company that ceases to be publicly traded entity on a recognized stock exchange during the Performance Period will be removed from the Peer Company list for the Performance Period. The Committee may evaluate for inclusion or exclusion any Peer Company that merges with or is acquired by another Peer Company during the Performance Period. For the Performance Period no companies may be added to the list during the Performance Period.
Peer Companies. The following 16 companies compromise the Peer Companies for the 2013 - 2015 Performance Period:
Peer Companies. The Peer Companies used for purposes of determining whether the Cap applies shall be the following companies: In the event that a Peer Company is acquired, ceases to be publicly traded, files for bankruptcy or in any similar event, the Compensation Committee may remove such Peer Company from the list of Peer Companies and exclude it when determining whether the Cap applies, keep the Peer Company in the list of Peer Companies at a deemed ROCE or ranking, or take such other action as the Compensation Committee determines is appropriate.
Peer Companies. The Peer Companies are the following: Arkansas Best Corp., Central Freight Lines, Inc., Covenant Transport, Inc., CNF, Inc., Heartland Express, Inc., X. X. Xxxx Transport Svcs., Inc., Knight Transportation, Inc., Marten Transport, Ltd., Old Dominion Freight Line, Inc., Overnite Transportation Company, X.X.X. Transportation, Inc., Swift Transportation Co., Inc., US Freightways Corp., US Xpress Enterprises, Inc., Vitran Corporation, Xxxxxx Enterprises, Inc., and Yellow Roadway Corp. (Due to the acquisition of Overnite Transportation Company and US Freightways Corp., the Committee shall appropriately adjust the rankings in Section 4(b) for the smaller number of peer companies, as described in Section 4(b).)
Peer Companies. For purposes of the Performance Metric for the relevant Performance Period, "Peer Companies" means the companies listed on Schedule A. In the event a Peer Company ceases to be publicly traded at any point during the Performance Period, the Administrator shall have full discretion to take any action it deems necessary or advisable in its sole and absolute discretion in order to preserve the integrity of the Performance Metric and the incentive intended by this Agreement, including, but not limited to, determining whether the Peer Company will be replaced with a new Peer Company, dropping such Peer Company from the list of Peer Companies and calculating the Performance Metric without designating a replacement, treating the Peer Company as being ranked in last place on the TSR list for the Performance Period (e.g. for bankrupt or other delisted companies), or determining an alternate method of calculating TSR for such Peer Company (e.g. by calculating TSR through the date of acquisition of such Peer Company, and then assuming TSR for the remainder of the period is determined based on an index). The Administrator need not take the same action with respect to all Peer Companies that cease to be publicly traded during the Performance Period.
Peer Companies. The Peer Companies are the following: Airtransport Services Group, Arkansas Best Corp., Celadon Group Inc., XX Xxxxxxxx Worldwide, Inc., Con-Way, Inc., Covenant Transport, Inc., FEDEX Corp., Forward Air Corp., Frozen Food Express Industries, Genesee & Wyoming, Inc., Heartland Express, Inc., Horizon Lines, Inc., Hub Group, Inc., X. X. Xxxx Transport Svcs., Inc., Kansas City Southern, Xxxxx Corporation, Knight Transportation, Inc., Landstar Systems, Inc., Marten Transport, Ltd., Old Dominion Freight Line, Inc., Pacer International, Inc., X.X.X. Transportation Services, Inc., Patriot Transportation Holdings, Inc., Quality Distribution, Inc., Ryder System Inc., United Parcel Service, Inc., Universal Truckload Services, USA Truck Inc., UTI Worldwide Inc., Vitran Corporation, Xxxxxx Enterprises, Inc. and YRC Worldwide, Inc.
