Common use of Relative Performance Goal Clause in Contracts

Relative Performance Goal. If the Absolute Performance Goal is achieved, the next Performance Measure shall be BB&T GAAP ROCE relative to the average, by company, return on shareholders’ common equity achieved by each company of the Peer Group during the Performance Period (“Peer Group GAAP ROCE”).

Appears in 4 contracts

Samples: Performance Unit Award Agreement (Bb&t Corp), Ltip Award Agreement (Bb&t Corp), Ltip Award Agreement (Bb&t Corp)

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Relative Performance Goal. If the Absolute Performance Goal is achieved, the next Performance Measure shall be BB&T GAAP ROCE relative to the average, by company, return on shareholders’ common equity equity, determined in accordance with United States generally accepted accounting principles, achieved by each company company, as adjusted by BB&T, of the Peer Group during the Performance Period (“Peer Group GAAP ROCE”).

Appears in 2 contracts

Samples: Ltip Award Agreement (Bb&t Corp), Performance Unit Award Agreement (Bb&t Corp)

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Relative Performance Goal. If the Absolute Performance Goal is achieved, the next Performance Measure shall be BB&T Adjusted GAAP ROCE relative to the average, by company, return on shareholders’ common equity equity, determined in accordance with United States generally accepted accounting principles, achieved by each company company, as adjusted by BB&T, of the Peer Group during the Performance Period (“Peer Group Adjusted GAAP ROCE”).

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Bb&t Corp), Ltip Award Agreement (Bb&t Corp)

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