Examples of Comparator Group Companies in a sentence
If the Company’s ROATCE Attainment is greater than or equal to 8.50%, but less than 17.61%, the percentage, if any, of the Target ROATCE Performance Units achieved and any resulting Unadjusted Share Distribution Amount will be determined by establishing the Company’s ROATCE performance percentile rank relative to Comparator Group Companies (excluding the Company).
That relative percentile rank will be determined by interpolating the Company’s ROATCE Attainment percentage between those Comparator Group Companies with ROATCE Attainment immediately above and below that of the Company.
As an example, if the Company’s ROATCE Attainment was determined to be 7.50%, the Participant would not be credited with any Achieved ROATCE Performance Units and would not be eligible to receive any Shares in respect of the ROATCE Performance Units covered by this Award Agreement, even if the Company’s ROATCE Attainment relative to that of Comparator Group Companies would place the Company at or above the Minimum Performance level (shown as the Threshold/Minimum in the table below).