Total Shareholder Return Relative to the S&P 500 or. “TSR” is the percentile performance of the Company as compared to the other S&P 500 Companies for the Performance Period. For these purposes: i. S&P 500 Companies means all of the entities listed on the Standard & Poor’s 500 Composite Index, including the Company, on the date which is 30 trading days prior to the commencement of the Performance Period, with the following modifications: A. except as provided in paragraph 2.d.i.B. below, only those entities that continue to trade throughout the Performance Period without interruption on a National Exchange shall be included; and B. any such entity that files for bankruptcy (“Bankrupt Peer”) during the Performance Period shall continue to be included.
Appears in 3 contracts
Samples: Long Term Incentive Compensation Award Agreement (Waste Management Inc), Long Term Incentive Compensation Award Agreement (Waste Management Inc), Long Term Incentive Compensation Award Agreement (Waste Management Inc)
Total Shareholder Return Relative to the S&P 500 or. “TSR” is the percentile performance of the Company as compared to the other S&P 500 Companies for the Performance Period. For these purposes:
: i. S&P 500 Companies means all of the entities listed on the Standard & Poor’s 500 Composite Index, including the Company, on the date which is 30 trading days prior to the commencement of the Performance Period, with the following modifications:
: A. except as provided in paragraph 2.d.i.B. below, only those entities that continue to trade throughout the Performance Period without interruption on a National Exchange shall be included; and
and B. any such entity that files for bankruptcy (“Bankrupt Peer”) during the Performance Period shall continue to be included. For these purposes “National Exchange” shall mean a securities exchange that has registered with the SEC under Section 6 of the Securities Exchange Act of 1934.
Appears in 2 contracts
Samples: Long Term Incentive Compensation Award Agreement (Waste Management Inc), Long Term Incentive Compensation Award Agreement (Waste Management Inc)