Common use of TSR Percentile Ranking Clause in Contracts

TSR Percentile Ranking. Arraying all of the TSR Peer Companies, including the Company, from lowest TSR Value, which is given a ranking of 1, to highest TSR Value, then dividing the Company’s ranking by the total number of TSR Peer Companies (the “TSR Percentile Ranking”). The Company’s TSR Percentile Ranking will determine the percentage of the Target Award Opportunity earned as follows: Percentage of Target Award Company’s TSR Percentile Ranking Opportunity Earned (1) 90% - 100% 100.0 % 80% - 89.99% 87.5 % 70% - 79.99% 75.0 % 60% -69.99% 62.5 % 50% - 59.99% 50.0 % 40% - 49.99% 37.5 % 30% - 39.99% 25.0 % 20% -29.99% 12.5 % Less than 20% 0.0 %

Appears in 2 contracts

Samples: Award Agreement (Heinz H J Co), Heinz H J Co

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TSR Percentile Ranking. Arraying all of the TSR Peer Companies, including the Company, from lowest TSR Value, which is given a ranking of 1, to highest TSR Value, then dividing the Company’s ranking by the total number of TSR Peer Companies (the “TSR Percentile Ranking”). The Company’s TSR Percentile Ranking will determine the percentage of the Target Award Opportunity earned as follows: Percentage of Target Award Company’s TSR Percentile Ranking Opportunity Earned (1) 90% - 100% 100.0 % 80% - 89.99% 87.5 % 70% - 79.99% 75.0 % 60% -69.99- 69.99% 62.5 % 50% - 59.99% 50.0 % 40% - 49.99% 37.5 % 30% - 39.99% 25.0 % 20% -29.99- 29.99% 12.5 % Less than 20% 0.0 %

Appears in 2 contracts

Samples: Award Agreement (Heinz H J Co), Award Agreement (Heinz H J Co)

TSR Percentile Ranking. Arraying all of the TSR Peer Companies, including the Company, from lowest TSR Value, which is given a ranking of 1, to highest TSR Value, then dividing the Company’s ranking by the total number of TSR Peer Companies (the “TSR Percentile Ranking”). The Company’s TSR Percentile Ranking will determine the percentage of the Target Award Opportunity earned as follows: Percentage of Target Award Company’s TSR Percentile Ranking Opportunity Earned (1) 90% - 100% 100.0 100.0% 80% - 89.99% 87.5 87.5% 70% - 79.99% 75.0 75.0% 60% -69.99- 69.99% 62.5 62.5% 50% - 59.99% 50.0 50.0% 40% - 49.99% 37.5 37.5% 30% - 39.99% 25.0 25.0% 20% -29.99- 29.99% 12.5 12.5% Less than 20% 0.0 0.0%

Appears in 1 contract

Samples: Heinz H J Co

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TSR Percentile Ranking. Arraying all of the TSR Peer Companies, including the Company, from lowest TSR Value, which is given a ranking of 1, to highest TSR Value, then dividing the Company’s ranking by the total number of TSR Peer Companies (the “TSR Percentile Ranking”). The Company’s TSR Percentile Ranking will determine the percentage of the Target Award Opportunity earned as follows: Percentage of Target Award Company’s TSR Percentile Ranking Opportunity Earned (1Earned(1) 90% - 100% 100.0 % 80% - 89.99% 87.5 % 70% - 79.99% 75.0 % 60% -69.99- 69.99% 62.5 % 50% - 59.99% 50.0 % 40% - 49.99% 37.5 % 30% - 39.99% 25.0 % 20% -29.99- 29.99% 12.5 % Less than 20% 0.0 %

Appears in 1 contract

Samples: Heinz H J Co

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