Examples of Comparator Company in a sentence
For example, if Growth in Shareholder Value exceeds that of the Comparator Company at the seventy-fifth percent (75%) level but that Growth in Shareholder Value is less than the Threshold Rate, no Unit Value shall be assigned.
The percentage of the Target Award that will be earned will be based on the percentile rank of the Absolute Total Shareholder Return relative to the Comparator Company Absolute Total Shareholder Returns for the Comparator Companies for the Performance Period as set forth below, except as set forth in Section 4(c) below.
To determine the Company’s applicable percentile ranking, the Company and each rTSR Comparator Company are arranged by their respective total shareholder returns (highest to lowest).
If any GICS Index Comparator Company after the Award Date merges, is acquired or is involved in a business combination transaction and the surviving company is a GICS Index Comparator Company, data for the surviving company shall be included in evaluating the achievement of this performance metric.
Relative Total Shareholder Return Position The Committee shall determine (A) the Total Shareholder Return (as defined below) for the Company for the Performance Period and (B) the Total Shareholder Return for each Comparator Company (as defined below) for the Performance Period.
The “Relative Total Shareholder Return Position” for the Company shall then be determined by comparing the Total Shareholder Return of the Company for the Performance Period to the Total Shareholder Return for each Comparator Company for the Performance Period on a relative percentile basis.
The TSR for each Comparator Company shall be determined as provided by Appendix A, except that the Ending Average Per Share Closing Price shall be determined for the 30 calendar days ending with the last day of the Adjusted Performance Period.Immediately following the Committee’s determination pursuant to this Section 8.2(a), all Units subject to the Award which are not Earned Units (the “Unearned Units”) shall terminate and the Award, to the extent of the Unearned Units, shall cease to be outstanding.
Any Comparator Company that was included in the SNL US REIT Healthcare Index as of the Start Date but is no longer included in such index as of the End Date shall not be used to determine relative TSR.
The TSR for the Company and each Comparator Company for the Special Performance Period shall be determined as provided by Appendix A, except that the Ending Average Per Share Closing Price shall be determined for the 30 calendar days ending with the last day of the Special Performance Period.
If a Comparator Company was added to the SNL US REIT Healthcare Index after the Start Date, such Comparator Company’s average closing price for the 20 trading days (or such shorter period during which such Comparator Company’s stock was traded) prior to joining such index shall be used as its Beginning Price.