Relative Return on Average Equity Sample Clauses

Relative Return on Average Equity. “Relative Return on Average Equity” (“Relative ROAE”) for the three-year Performance Period is the percentile ranking of the Company’s ROAE relative to the ROAE of competitor companies in the Performance Peer Group (as provided separately to the Employee) over the same three-year period. The Performance Peer Group is established at the beginning of the performance period and is comprised of competitor companies as determined by the Compensation Committee of the Company’s Board of Directors. The Relative ROAE will be determined by the Company using the Company’s ROAE as defined in Section 3(d) and its percentile rank within the Performance Peer Group.