Examples of Absolute TSR Performance Vesting Percentage in a sentence
The number of Operational Performance Units that vest on the Vesting Date and become “Vested Operational Performance Units” based on the achievement of Operational Performance Goals attained by the Company during the Performance Period shall be determined by multiplying the number of Aggregate Operational Performance Units by the applicable Absolute TSR Performance Vesting Percentage.
The RSUs shall become Performance Vested RSUs based on the achievement during the Performance Period of the Company TSR Percentage, by multiplying the applicable Absolute TSR Performance Vesting Percentage (as determined in accordance with Exhibit A) by the total number of RSUs granted hereunder.
As soon as reasonably practicable (but in no event more than 45 days) following the completion of the Performance Period, the Board shall determine the Company TSR Percentage as of the completion of the Performance Period, and the Administrator shall apply such determination to calculate the Absolute TSR Performance Vesting Percentage and the number of RSUs granted hereby that have become Performance Vested RSUs, in each case, as of the completion of the Performance Period.