We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of TSR Clause in Contracts

TSR. If, upon the conclusion of the TSR Performance Period, the Company’s relative TSR exceeds the 50th percentile, but is less than the 75th percentile of TSR for the TSR Peer Group Companies, the percentage of TSR Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 100% of the TSR Target Performance Shares and 200% of the TSR Target Performance Shares, with a fractional share rounded down to the next whole share.

Appears in 5 contracts

Samples: Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.)

AutoNDA by SimpleDocs

TSR. If, upon the conclusion of the TSR Performance Period, the Company’s relative TSR exceeds the 50th 25th percentile, but is less than the 75th 50th percentile of TSR for of the TSR Peer Group Companies, the percentage of TSR Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 10025% of the TSR Target Performance Shares and 200100% of the TSR Target Performance Shares, with a fractional share rounded down to the next whole share.

Appears in 5 contracts

Samples: Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.)

TSR. If, upon the conclusion of the TSR Performance Period, the Company’s relative TSR for the TSR Performance Period equals or exceeds the 50th percentile, but is less than the 75th percentile of TSR for the TSR Peer Group Companies, the percentage of TSR Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 100200% of the TSR Target Performance Shares and 200% of the TSR Target Performance Sharesshall become earned, with a fractional share rounded down to the next whole share.

Appears in 3 contracts

Samples: Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.)

TSR. If, upon the conclusion of the TSR Performance Period, the Company’s relative TSR exceeds for the 50th percentile, but TSR Performance Period is less than at the 75th 25th percentile of TSR for the TSR Peer Group Companies, the percentage of TSR Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 10025% of the TSR Target Performance Shares and 200% of the TSR Target Performance Sharesshall become earned, with a fractional share rounded down to the next whole share.

Appears in 3 contracts

Samples: Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.)

TSR. If, upon the conclusion of the TSR Performance Period, the Company’s relative TSR exceeds for the TSR Performance Period is at the 50th percentile, but is less than the 75th percentile of TSR for the TSR Peer Group Companies, the percentage of TSR Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 100% of the TSR Target Performance Shares and 200% of the TSR Target Performance Sharesshall become earned, with a fractional share rounded down to the next whole share.

Appears in 3 contracts

Samples: Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.)

TSR. If, upon the conclusion of the TSR Performance Period, the Company’s relative TSR exceeds for the TSR Performance Period is at the 50th percentile, but is less than the 75th percentile of TSR for the TSR Peer Group Companies, the percentage of TSR Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 100% of the TSR Target Performance Shares and 200% of the TSR Target Performance Shares, with a fractional share rounded down to the next whole shareshall become earned.

Appears in 2 contracts

Samples: Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.)

TSR. If, upon the conclusion of the TSR Performance Period, the Company’s relative TSR for the TSR Performance Period equals or exceeds the 50th percentile, but is less than the 75th percentile of TSR for the TSR Peer Group Companies, the percentage of TSR Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 100200% of the TSR Target Performance Shares and 200% of the TSR Target Performance Shares, with a fractional share rounded down to the next whole shareshall become earned.

Appears in 2 contracts

Samples: Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.)

AutoNDA by SimpleDocs

TSR. If, upon the conclusion of the TSR Performance Period, the Company’s relative TSR exceeds for the 50th percentile, but TSR Performance Period is less than at the 75th 25th percentile of TSR for the TSR Peer Group Companies, the percentage of TSR Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 10025% of the TSR Target Performance Shares and 200% of the TSR Target Performance Shares, with a fractional share rounded down to the next whole shareshall become earned.

Appears in 2 contracts

Samples: Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.)

TSR. If, upon the conclusion of the TSR Performance Period, the Company’s relative TSR exceeds the 50th percentile, but is less than the 75th percentile of TSR for the TSR Peer Group Companies, the percentage of TSR Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 100% of the TSR Target Performance Shares and 200% of the TSR Target Performance Shares, with a fractional share rounded down to the next whole share.

Appears in 1 contract

Samples: Performance Shares Award Agreement (Myr Group Inc.)

TSR. If, upon the conclusion of the TSR Performance Period, the Company’s relative TSR for the Performance Period equals or exceeds the 50th percentile, but is less than the 75th percentile of TSR for the TSR Peer Group Companies, the percentage of TSR Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 100% of the TSR Target Performance Shares and 200% of the TSR Target Performance Shares, with a fractional share rounded down to the next whole shareShares shall become earned.

Appears in 1 contract

Samples: Performance Shares Award Agreement (Myr Group Inc.)

TSR. If, upon the conclusion of the TSR Performance Period, the Company’s relative TSR exceeds the 50th 25th percentile, but is less than the 75th 50th percentile of TSR for of the TSR Peer Group Companies, the percentage of TSR Target Performance Shares that shall become earned shall be determined by mathematical straight-line interpolation between 10025% of the TSR Target Performance Shares and 200100% of the TSR Target Performance Shares, with a fractional share rounded down to the next whole share.

Appears in 1 contract

Samples: Performance Shares Award Agreement (Myr Group Inc.)