Common use of PERFORMANCE OBJECTIVES Clause in Contracts

PERFORMANCE OBJECTIVES. Subject to the terms of this Agreement, the Participant’s interest in the Stock Award shall vest and become transferable in accordance with paragraphs 3, 4 and 5 and Exhibit I based on the Company’s Compounded Annual Growth Rate TSR for the applicable measurement period relative to the Compounded Annual Growth Rate TSR for the applicable measurement period for the companies (other than the Company) listed in the NAREIT Hotel Index.

Appears in 12 contracts

Samples: Stock Award Agreement (Equity Inns Inc), Stock Award Agreement (Equity Inns Inc), Stock Award Agreement (Equity Inns Inc)

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