Absolute TSR Performance Vesting Percentage definition

Absolute TSR Performance Vesting Percentage means the percentage determined as set forth on Exhibit A attached hereto, which is a function of the Company TSR Percentage during the Performance Period.
Absolute TSR Performance Vesting Percentage means a function of the Company TSR Percentage during the Performance Period, and shall be determined as set forth below: < 18 % 0 % “Threshold Level” 18 % 50 % “Target Level” 22.5 % 75 % “Maximum Level” ³ 27 % 100 % In the event that the Company TSR Percentage falls between the Threshold Level and the Target Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the Threshold Level and Target Level Absolute TSR Performance Vesting Percentages specified above; and in the event that the Company TSR Percentage falls between the Target Level and the Maximum Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the Target Level and Maximum Level Absolute TSR Performance Vesting Percentages specified above.
Absolute TSR Performance Vesting Percentage means a function of the Company TSR Percentage during the Performance Period, and shall be determined as set forth below:

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.


More Definitions of Absolute TSR Performance Vesting Percentage

Absolute TSR Performance Vesting Percentage means a function of the Company TSR Percentage during the Performance Period, and shall be determined as set forth below: “Threshold Level” [ ]% 25% “Target Level” [ ]% 50% “Maximum Level” ≥ [ ]% 100% In the event that the Company TSR Percentage falls between the Threshold Level and the Target Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the Threshold Level and Target Level Absolute TSR Performance Vesting Percentages specified above; and in the event that the Company TSR Percentage falls between the Target Level and the Maximum Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the Target Level and Maximum Level Absolute TSR Performance Vesting Percentages specified above. *Notwithstanding the foregoing, the Absolute TSR Performance Vesting Percentage shall be (i) reduced by 1.0% for each percentile that the Company’s Peer Group Relative Performance is below the 20th percentile, and (ii) increased by 1.0% for each percentile that the Company’s Peer Group Relative Performance is above the 80th percentile (but in no event shall the Absolute TSR Performance Vesting Percentage exceed 100%), in each case, during the Performance Period.
Absolute TSR Performance Vesting Percentage means a function of the Company TSR Percentage during the Performance Period, and shall be determined as of any date as set forth below. “Threshold Level” ≤ 0% 60% “Target Level” 15% 80% “Maximum Level” ≥ 30% 100% In the event that the Company TSR Percentage falls between the Threshold Level and the Target Level or between the Target Level and the Maximum Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the applicable levels.
Absolute TSR Performance Vesting Percentage means a function of the Company TSR Percentage during the TSR Performance Period, and shall be determined as set forth below. “Threshold Level” 18.0% 16.7% “Target Level” 24.0% 33.3% “High Level” 30.0% 66.7% “Maximum Level” ≥ 40.0% 100% In the event that the Company TSR Percentage falls between the Threshold Level and the Target Level, between the Target Level and the High Level, or between the High Level and the Maximum Level, the Absolute TSR Performance Vesting Percentage shall be determined using straight line linear interpolation between the applicable levels. In no event shall the Absolute TSR Performance Vesting Percentage exceed 100%.

Related to Absolute TSR Performance Vesting Percentage

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.