INVH TSR definition
Examples of INVH TSR in a sentence
Notwithstanding the foregoing, if INVH TSR (i.e., total shareholder return) for the Performance Period is negative, the Tranche I Performance Vesting RSUs shall not vest at a level greater than target.
If the INVH TSR for the Performance Period relative to the Index Return falls between the two examples set forth above, then the Relative TSR Percentage shall be determined using linear interpolation (and rounded to the nearest whole percentage point).
If the INVH TSR for the Performance Period falls between the two examples set forth above, then the Absolute TSR Percentage shall be determined using linear interpolation (and rounded to the nearest whole percentage point).
For example, if the Index Return for the Performance Period is one percent (1.0%) and the INVH TSR is negative one percent (-1.0%), then the Relative TSR Percentage shall be 0%.
For example, if the Index Return for the Performance Period is negative one percent (-1.0%) and the INVH TSR is one percent (1.0%), then the Relative TSR Percentage shall be 100%.
For the avoidance of doubt, the INVH TSR is greater than the Index Return if, for example, the INVH TSR is -8.0% and the Index Return is -10.0%.
For example, if the Index Return for the Performance Period is negative eight percent (-8.0%) and the INVH TSR is negative seven percent (-7.0%), then the Relative TSR Percentage shall be 50%.
For example, if the Index Return for the Performance Period is eight percent (8.0%) and the INVH TSR is nine percent (9.0%), then the Relative TSR Percentage shall be 50%.
For example, if the Index Return for the Performance Period is negative eight percent (-8.0%) and the INVH TSR is negative six percent (-6.0%), then the Relative TSR Percentage shall be 100%.
For example, if the INVH TSR for the Performance Period is 27%, then the Absolute TSR Percentage shall be 50%.