Common use of TSR Component Clause in Contracts

TSR Component. The amount of Executive’s 2023 Annual Cash Bonus payable to Executive in respect of the TSR Component (35% of the Target Cash Bonus) will be based on the level of Relative TSR achievement for the Annual Cash Bonus Measurement Period, as follows, subject to adjustment based on Company TSR as described below: 50th Percentile 100% 75th Percentile 150% 100th Percentile 200%