Compensation Peer Group definition
Examples of Compensation Peer Group in a sentence
Without limiting the generality of the foregoing, you agree that all determinations made by the Committee of Total Shareholder Return and the Company’s ranking within the Compensation Peer Group shall be final, binding and conclusive on you in accordance with Article III of the Plan.
For each Measurement Period, the Company’s Total Shareholder Return will be compared to the Total Shareholder Return of each company in the Compensation Peer Group, and the Total Shareholder Return of the Compensation Peer Group and the Company shall be ranked.
Without limiting the generality of the foregoing, you agree that all determinations made by the Committee of the Performance Measures described in Section 3 (including but not limited to, Total Shareholder Return and the Company’s ranking within the Compensation Peer Group) shall be final, binding and conclusive on you in accordance with Article III of the Plan.
For the Measurement Period, the Company’s Total Shareholder Return will be compared to the Total Shareholder Return of each company in the Compensation Peer Group, and the Total Shareholder Return of the Compensation Peer Group and the Company shall be ranked.
Below 25th Percentile of Compensation Peer Group 0% 25th Percentile of Compensation Peer Group 50% 50th Percentile of Compensation Peer Group (Target) 100% 75th Percentile of Compensation Peer Group 200% If the Company’s TSR is between any of the achievement levels set forth in the table above, the percentage of the Compensation Peer Group TSR PSUs that will vest will be determined by straight-line interpolation between the percentages corresponding to such achievement levels.
The number of RSUs that vest at each vesting date shall be subject to a 30% adjustment, up or down, based on Honeywell’s total shareowner return ranking against its Compensation Peer Group.
The Compensation Peer Group is shown below: BB&T Corporation KeyCorp Regions Financial Corporation Zions Bancorporation Capital One Financial Corporation M&T Bank Corporation SunTrust Banks, Inc.
None of the Industry Peer Group, the Compensation Peer Group or the Index Peer Group will change solely as a result of a spin off or similar transaction.
For the avoidance of doubt, the prior two sentences do not apply to any consulting or board services that you provide to third parties during the Advisory Period provided that (1) any such services are not provided to a member of the Company’s Compensation Peer Group as defined in the Company’s 2024 proxy and (2) the Company, in its sole discretion, determines that any consulting or board services you render will not interfere with your obligations to the Company during the Advisory Period.
Annex A Compensation Peer Group Credit Acceptance Green Dot Ocwen Financial CSG Systems HMS Holdings SEI Investments Encore Capital Group KCG Holdings Total Systems Services Fair ▇▇▇▇▇ MGIC WEX, Inc.