60th Percentile definition

60th Percentile means in accordance with standard statistical methodology, for any applicable measurement period, the Total Return to Shareholders which equals or exceeds the total return to shareholders of 60% of the REITs included in the Peer Group. Notwithstanding the foregoing, the Committee may, upon consideration of the statistical distribution of the REITs included in the Peer Group within the full range of total return to shareholders for the applicable measurement period, exercise its reasonable discretion to allow for issuance of Restricted Shares to be granted as part of the Award under Section 3 (or Common Shares to be granted as part of the Award under Section 2(b)(iii)) on a basis other than a strict mathematical calculation of the 60th Percentile. By way of illustration, if for the period the total return to shareholders of a number of REITs included in the Peer Group is clustered within a narrow range such that the effect of the precise calculation of percentiles is that issuance would not occur, the Committee could in its sole discretion conclude that issuance should nonetheless occur to the extent appropriate in light of all the circumstances, including the Company's Total Return to Shareholders performance relative to the REITs included in the Peer Group taken as a whole.
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Examples of 60th Percentile in a sentence

  • Unvested PSUs shall be earned if the Company ranks in the following TSR percentiles for the Performance Period: WPG 3-Year TSRPercentile Rank Vested PSUs <30th Percentile 0% 30th Percentile 25% 40th Percentile 50% 50th Percentile 75% 60th Percentile 100% 70th Percentile 125% 80th Percentile 150% There shall be interpolation on a straight-line basis (i.e., linearly interpolated) between the foregoing levels of achievement.

  • Percentile Rank: 85th percentile Target Awarded: 85th Percentile is above the 75th Maximum Target so Maximum Payout of 200% of the Target Shares, or 180,000 shares is achieved Percentile Rank: 60th percentile Target Awarded: 60th Percentile is above the Minimum and below the Maximum Targets so an interpolated Payout of 140% of the Target Shares or 126,000 shares is achieved.

  • The Grantee will not become entitled to Restricted Shares with respect to the Notional Units subject to this Agreement unless and until the Committee determines the Total Return to Shareholders, the 50th Percentile, 60th Percentile and 70th Percentile.

  • The Performance Factor will be determined as follows: Relative Total Shareholder Return (TSR) 75% 30th Percentile 60th Percentile 90th Percentile __________________________ * The performance levels achieved between the threshold and target levels, or the target and maximum levels noted above will be a percentage or percentile based on a straight-line interpolation.

  • Less than 25th Percentile 75% Between 25th and 40th Percentile 85% Between 40th and 60th Percentile 100% Between 60th and 75th Percentile 115% Greater than 75th Percentile 125% If the rTSR is determined by the Committee to fall exactly at the dividing point between two rTSR ranges (e.g., at precisely the 25th Percentile), then result shall be deemed to fall in the higher range (e.g., “Between 25th and 40th Percentile”) and apply the greater Relative TSR Multiplier (e.g., 85%).

Related to 60th Percentile

  • TSR Percentile means the percentile ranking of the Company’s TSR among the TSRs for the Comparison Group members for the Performance Period. In determining the Company’s TSR Percentile for the Performance Period, in the event that the Company’s TSR for the Performance Period is equal to the TSR(s) of one or more other Comparison Group members for that same period, the Company’s TSR Percentile ranking will be determined by ranking the Company’s TSR for that period as being greater than such other Comparison Group members.

  • TSR Percentile Rank means the percentile performance of the Company and each of the companies in the Peer Group based on the TSR for such company as determined by the Committee for the Performance Period.

  • TSR means total shareholder return.

  • Company TSR means, for any Performance Period, the Company’s TSR for such Performance Period.

  • Revenue Growth means the percentage change in revenue (as defined in Statement of Financial Accounting Concepts No. 6, published by the Financial Accounting Standards Board) from one period to another.