Common use of Percentile Ranking Clause in Contracts

Percentile Ranking. 1. The Relative TSR Multiplier for the annual measurement period and the three-year cumulative period shall be calculated as follows, linearly interpolated for performance between the specified levels: Performance Level Relative TSR Performance (Percentile) Relative TSR Multiplier (as % of Target) Maximum Greater than or equal to 75th 150% Target 50th 100% Threshold Less than or equal to 25th 50%

Appears in 3 contracts

Samples: Performance Stock Unit Grant Agreement (Canopy Growth Corp), Performance Stock Unit Grant Agreement (Canopy Growth Corp), Performance Stock Unit Grant Agreement (Canopy Growth Corp)

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Percentile Ranking. 1. The Relative TSR Multiplier for the annual measurement period and the three-year cumulative period shall be calculated as follows, linearly interpolated for performance between the specified levels: Performance Level Relative TSR Performance (Percentile) Relative TSR Multiplier (as % of Target) Maximum Greater than or equal to 75th 150150 % Target 50th 100100 % Threshold Less than or equal to 25th 5050 %

Appears in 1 contract

Samples: Performance Stock Unit Grant Agreement (Canopy Growth Corp)

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