Common use of Relative TSR Amount Clause in Contracts

Relative TSR Amount. Subject to the provisions of Section 2(c) and 2(d) below and the paragraph immediately below the following table, the following table sets forth the cumulative number of Relative TSR Award LTIPs that shall be vested and earned based on Relative TSR as of the Valuation Date (such number of vested and earned Relative TSR Award LTIPs, the “Relative TSR Amount”): Below Threshold (0%) Less than -600 bps 0 Threshold (25%) -600 bps 312,500 Target (50%) 0 bps 625,000 Maximum (100%) +600 bps or more 1,250,000 All Relative TSR Award LTIPs will be forfeited if the Relative TSR Excess is below -600 bps. If the Relative TSR Excess is more than -600 bps but less than 0 bps, or more than 0 bps but less than +600 bps, in either case, the cumulative number of the Relative TSR Award LTIPs that will vest and be earned will be determined using linear interpolation as between the respective tiers.

Relative TSR Amount. Subject to the provisions of Section 2(c3(c) and 2(d3(d) below and the paragraph immediately below the following table, the following table sets forth the cumulative percentages that shall be used to calculate the number of Relative TSR Award LTIPs that shall be vested and earned based on Relative TSR as of the Valuation Date (such number of vested and earned Relative TSR Award LTIPs, the “Relative TSR Amount”): Below Threshold (0%) Less than -600 bps 0 Threshold (25%) -600 bps 312,500 Target (50%) 0 bps 625,000 Maximum (100%) +600 bps or more 1,250,000 All No Relative TSR Award LTIPs will be forfeited earned if the Relative TSR Excess is below -600 bps. If the Relative TSR Excess is more than -600 bps but less than 0 bps, or more than 0 bps but less than +600 bps, in either case, the cumulative number percentage of the Relative TSR Award LTIPs that will vest and be earned will be determined using linear interpolation as between the respective those tiers, respectively.

Relative TSR Amount. Subject to the provisions of Section 2(c3(c) and 2(d3(d) below and the paragraph immediately below the following table, the following table sets forth the cumulative percentages that shall be used to calculate the number of Relative TSR Award LTIPs that shall be vested and earned based on Relative TSR as of the Valuation Date (such number of vested and earned Relative TSR Award LTIPs, the “Relative TSR Amount”): Below Threshold (0%) Less than -600 bps 0 Threshold (25%) -600 bps 312,500 25% Target (50%) 0 bps 625,000 50% Maximum (100%) +600 bps or more 1,250,000 All 100% No Relative TSR Award LTIPs will be forfeited earned if the Relative TSR Excess is below -600 bps. If the Relative TSR Excess is more than -600 bps but less than 0 bps, or more than 0 bps but less than +600 bps, in either case, the cumulative number percentage of the Relative TSR Award LTIPs that will vest and be earned will be determined using linear interpolation as between the respective those tiers, respectively.

Relative TSR Amount. Subject to the provisions of Section 2(c3(c) and 2(d3(d) below and the paragraph immediately below the following table, the following table sets forth the cumulative number of Relative TSR Award LTIPs that shall be vested and earned based on Relative TSR as of the Valuation Date (such number of vested and earned Relative TSR Award LTIPs, the “Relative TSR Amount”): Below Threshold (0%) Less than -600 bps 0 Threshold (25%) -600 bps 312,500 319,366 Target (50%) 0 bps 625,000 638,733 Maximum (100%) +600 bps or more 1,250,000 All 1,277,465 No Relative TSR Award LTIPs will be forfeited earned if the Relative TSR Excess is below -600 bps. If the Relative TSR Excess is more than -600 bps but less than 0 bps, or more than 0 bps but less than +600 bps, in either case, the cumulative number percentage of the Relative TSR Award LTIPs that will vest and be earned will be determined using linear interpolation as between the respective those tiers, respectively.

Relative TSR Amount. Subject to the provisions of Section 2(c) and 2(d) below and the paragraph immediately below the following table, the following table sets forth the cumulative number of Relative TSR Award LTIPs that shall be vested and earned based on Relative TSR as of the Valuation Date (such number of vested and earned Relative TSR Award LTIPs, the “Relative TSR Amount”): Below Threshold (0%) Less than -600 bps 0 Threshold (25%) -600 bps 312,500 1,066,110.625 Target (50%) 0 bps 625,000 2,132,221.250 Maximum (100%) +600 bps or more 1,250,000 4,264,442.500 All Relative TSR Award LTIPs will be forfeited if the Relative TSR Excess is below -600 bps. If the Relative TSR Excess is more than -600 bps but less than 0 bps, or more than 0 bps but less than +600 bps, in either case, the cumulative number of the Relative TSR Award LTIPs that will vest and be earned will be determined using linear interpolation as between the respective tiers.