Index Companies definition

Index Companies means companies that are included in the S&P Healthcare Equipment Select Industry Index as of the beginning of the Performance Period, with the following adjustments:

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Index Companies means equity office REITs in the NAREIT (or comparable replacing) index, excluding the Company if it is a member of such Index.

Index Companies means the companies included in the FTSE Nareit Equity Shopping Centers Index; provided, however, that if the common stock of any such company ceases to be listed on a nationally recognized stock exchange at any time during the Performance Period, then that entity shall be excluded from the Index Companies.

Examples of Index Companies in a sentence

Such percentile ranking will be determined by ordering the Index Companies (plus the Company if the Company is not one of the Index Companies) from highest to lowest based on Performance Period TSR and counting down from the company with the highest Performance Period TSR (ranked first) to the Company’s position on the list.
The Performance Stock Units will vest based on the percentile rank of the common stock of the Company’s Performance Period TSR in relation to the Performance Period TSR of the Index Companies.
If a company is excluded from the list of Index Companies, then the Initial Index Price and the Final Index Price shall be calculated as if the excluded company had not originally been included in the list of companies.
Relative TSRRanking Group Company Ranking to Index Companies Total shareholder return (“TSR”) shall be calculated as the change in stock price plus dividends paid over the Performance Period, expressed as a percentage, calculated assuming that the dividends were reinvested in the applicable company.
Pursuant to Articles 4 and 9 of the Plan, the Committee shall have the discretion to calculate the total stockholder returns for the Performance Period for the Peer Index Companies, including the Company, and to determine the formula to achieve such calculations.

More Definitions of Index Companies

Index Companies means the companies included in the SNL Small Cap U.S. Bank Index (a) that are NYSE, NYSE Market and NASDAQ-traded commercial banks and (b) that had assets between $2 billion and $10 billion as of December 31 of the year immediately preceding the commencement of the applicable Performance Measurement Period. If an Index Company becomes bankrupt, delisted or is acquired during the applicable Performance Measurement Period, such Index Company shall be removed for the entire Performance Measurement Period and will not be replaced.

Index Companies the comparator companies selected by the Committee as of the Grant Date for the purpose of determining the Company’s TSR Percentile For avoidance of doubt, any such company for which the inputs to TSR cease to be publicly reported during the Performance Period shall not be considered an Index Company for purposes of calculating TSR Percentile.

Index Companies shall have the meaning ascribed thereto in Section 8.01(e) hereof.

Index Companies means each company that is (a) included in the Russell 3000 Index on the first day of the TSR Measurement Period and continues to be listed or traded on a national securities exchange throughout the TSR Measurement Period or (b) in the Russell 3000 Index on the first day of the TSR Measurement Period and ceases to be listed or traded on a national securities exchange during the TSR Measurement Period due to its bankruptcy or insolvency, provided that the TSR for any company described in this clause (b) shall be deemed for purposes of determining the Corporation’s Relative TSR Ranking to be equal to the lowest TSR for any company that is described in clause (a). In the event an Index Company engages in a spinoff during the TSR Measurement Period, the Ending Price (and, if such spinoff occurs during the period of time used to determine the Beginning Price, for any remaining relevant trading days in determining the Beginning Price) for such Index Company shall be determined based on the Index Company’s common stock value and the spun off entity’s common stock value.

Index Companies means, as of a particular date, the companies comprising the SNL Apartment REIT Index which, as of the Grant Date, consists of the companies listed on Appendix B hereto; provided that no such company will be deemed an Index Company if such company ceases to have a class of common equity securities listed on a national stock exchange during the entire Performance Period.

Index Companies means the companies included in the NASDAQ Biotechnology Index, but specifically excluding the Company, as of the first day of the applicable Performance Period.

Index Companies means the companies included in the NAREIT Office Index (unweighted), but specifically excluding the Company, throughout the Performance Period.