Delisted Companies definition

Delisted Companies means Peer Companies that cease to be publicly traded on a national securities exchange at any time during the Performance Period (irrespective of whether they again become publicly traded on a national securities exchange during the Performance Period) as a result of any involuntary failure to meet the listing requirements of such national securities exchange (such as any failure to meet the minimum common stock price requirement of the exchange), but shall not include any Peer Company that does not meet the listing requirements as a result of any voluntary going private or similar transaction. “Acquired Companies” shall mean Peer Companies that cease to be independently publicly traded on a national securities exchange during the Performance Period as a result of being acquired by another entity (irrespective of whether such acquiring entity is itself publicly traded). No companies may be added to the list during the Performance Period.
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Delisted Companies means PSU Peer Companies that cease to be publicly traded on a national securities exchange at any time during the Performance Period (irrespective of whether they again become publicly traded on a national securities exchange during the Performance Period) as a result of any involuntary failure to meet the listing requirements of such national securities exchange (such as any failure to meet the minimum common stock price requirement of the exchange), but shall not include any PSU Peer Company that does not meet the listing requirements as a result of any voluntary going private or similar transaction. Award Determination Except as set forth below under the headings “Special Vesting Events” and “Change in Control,” the number of PSUs earned by the Participant shall be determined in accordance with this section. At the end of the Performance Period, the PSU Peer Companies and the Company shall be ranked together based on their TSR for the Performance Period with the highest TSR company being number 1 and the lowest TSR being the number of PSU Peer Companies, including the Company, remaining in the group at the end of the Performance Period, with any and all Failed Companies and Delisted Companies being ranked in last place on the list. In addition, of the PSU Peer Companies remaining in the group, the ones ranked first and last shall be disregarded from the overall ranking. Based on the Company's relative TSR rank among the remaining PSU Peer Companies (the “Remaining PSU Peer Companies”) for the Performance Period, Participant will vest in PSUs as determined by the Company's rank as follows:• If the Company is ranked among the top four companies of the Remaining PSU Peer Companies (including the Company), Participant shall vest in 200% of the Target PSUs• If the Company’s ranking is among five through eight (inclusive) of the Remaining PSU Peer Companies (including the Company), Participant shall vest in 100% of the Target PSUs• If the Company is ranked nine or lower (inclusive) of the Remaining PSU Peer Companies (including the Company), but not last, Participant shall vest in 50% of the Target PSUs• If the Company is ranked last of the of the Remaining PSU Peer Companies, no PSUs shall vest and the Participant shall not be entitled to any payment hereunderNotwithstanding the foregoing, if the Company's overall TSR for the Performance Period is negative, no more than one hundred percent (100%) of the Target PSUs shall vest, irrespective of the Company’s ...
Sample 1
Delisted Companies means Peer Companies that cease to be publicly traded on a national securities exchange at any time during the Performance Period (irrespective of whether they again become publicly traded on a national securities exchange during the Performance Period) as a result of any involuntary failure to meet the listing requirements of such national securities exchange (such as any failure to
Sample 1

Examples of Delisted Companies in a sentence

  • Failed Companies (as defined below), Delisted Companies (as defined below), and Acquired Companies (as defined below) shall remain as Peer Companies, with Failed Companies and Delisted Companies treated in the manner set forth in Section 2.7, and the TSR of any Acquired Companies calculated in accordance with Section 2.4(b), above.

  • At the end of the Performance Period, the Peer Companies and the Company shall be ranked together based on their TSR for the Performance Period with the highest TSR being number 1 and the lowest TSR being the number of Peer Companies, including the Company, remaining in the group at the end of the Performance Period, with any and all Failed Companies and Delisted Companies being ranked in last place on the list.

Related to Delisted Companies

  • listed company means a company which has any of its securities listed on any recognised stock exchange;

  • Listed Entity means an entity whose shares, debt or other securities are quoted on, listed on or marketed through a recognized stock exchange or other equivalent body, whether within or outside of Canada, other than an entity that has, in respect of a particular fiscal year, market capitalization and total assets that are each less than $10,000,000. An entity that becomes a listed entity by virtue of the market capitalization or total assets becoming $10,000,000 or more in respect of a particular fiscal year shall be considered to be a listed entity thenceforward unless and until the entity ceases to have its shares or debt quoted, listed or marketed in connection with a recognized stock exchange or the entity has remained under the market capitalization or total assets threshold for a period of two years.

  • Related Companies means the companies within the meaning of Article L. 225-197-2 of the French Commercial Code or any provision substituted for same.

  • Peer Group Companies means the following companies: .

  • Subsidiaries means any corporation or other organization, whether incorporated or unincorporated, in which the Company owns, directly or indirectly, any equity or other ownership interest.

  • Related Entities means contractors and subcontractors of a Party at any tier; grantees, investigators, customers, and users of a Party at any tier and their contractors or subcontractor at any tier; or, employees of the Party or any of the foregoing.

  • Restricted companies means companies that boycott Israel.

  • Group Companies means the Company and its Subsidiaries.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Associated Companies : means any agent with delegated authority under Section 20 of these Terms and Conditions.

  • Material Group Company means the Issuer or a Subsidiary representing more than 10.00 per cent. of either (i) the total assets of the Group on a consolidated basis (for the avoidance of doubt, excluding any intra-group transactions) or (ii) the EBITDA of the Group on a consolidated basis according to the latest Financial Report.

  • Regulated Entities means to include the following:

  • Affiliated Companies shall include any company controlled by, controlling or under common control with the Company.

  • Consolidated Companies means, collectively, Borrower and all of its Subsidiaries.

  • Target Group means the Target and its Subsidiaries.

  • Operating Companies shall have the meaning specified in the recitals to this Agreement.

  • Parent Companies means, collectively, (i) Charter, (ii) Charter Holdings, (iii) Charter Communications Holding Company, LLC, a Delaware limited liability company, and (iv) CCH II.

  • Target Market “Investment Areas”; and “Targeted Populations” have the meanings ascribed to such terms in 12 C.F.R. 1805.104.

  • CBOT means The Chicago Board of Trade, together with its successors and assigns.

  • Spinco Subsidiaries means all direct and indirect Subsidiaries of Spinco immediately following the Contribution.

  • Partnership Entities means the General Partner and each member of the Partnership Group.

  • Group Company means any one of them;

  • Target Companies means the Target and its Subsidiaries.

  • Acquired Corporations means the Company and each of its Subsidiaries, collectively.

  • Combined Company means Holdco and its consolidated subsidiaries after giving effect to the Business Combination.