Peer Group Members definition

Peer Group Members means the companies identified by the Committee at the time this Agreement was approved (provided however, that in the event one Peer Group Member merges with or is acquired by another Peer Group Member only the surviving company will be considered a Peer Group Member, or if one Peer Group Member is acquired by a company who is not a Peer Group Member then such acquired company will cease to be a Peer Group Member for all purposes hereunder).

Peer Group Members means the S&P Building and Construction Select Industry Index, as composed on the date that is 30 trading days prior to the commencement of the Performance Period.

Peer Group Members means the companies identified by the Hilton Committee at the time this Award Notice was approved (provided however, in the event one of such companies merges with or is acquired by another Peer Group Member only the surviving company will be considered a Peer Group Member or one of such companies is acquired by a company who is not a Peer Group Member then such acquired company will cease to be a Peer Group Member for all purposes hereunder).

Examples of Peer Group Members in a sentence

• This Agreement hereto shall not be altered or otherwise amended in any respect, except pursuant to an instrument in writing signed by the parties hereto; provided, that any additions to or deletions from the Peer Group Members identified in Exhibit A shall only be made with the approval of a majority of the Independent Directors of the Company.

• The Company’s TSR percentile ranking is based on the TSR to the Company’s stockholders during the Performance Period, inclusive of dividends paid, relative to the TSR during the Performance Period, inclusive of dividends paid, achieved by each of the Peer Group Members.

• This Agreement hereto shall not be altered or otherwise amended in any respect, except pursuant to an instrument in writing signed by the parties hereto; provided, that any additions to or deletions from the Peer Group Members identified in Exhibit A shall only be made with the approval of a majority of the Independent Directors of the Company and so long as Ashford Trust remains the indirect parent of the Advisor, a majority of the Independent Directors of Ashford Trust.

• This Agreement hereto shall not be altered or otherwise amended in any respect, except pursuant to an instrument in writing signed by the parties hereto; provided, that any additions to or deletions from the Peer Group Members identified in Exhibit A shall only be made with the approval of a majority of the Independent Directors of the Company and a majority of the Independent Directors of Ashford Trust, the indirect parent of the Advisor.

• The performance criteria for the PRSUs is the Company’s annualized total shareholder return (“Absolute TSR”) relative to the annualized Absolute TSR of the Peer Group Members (as defined below) (“Relative TSR”) over the Performance Period set forth in the Agreement.

More Definitions of Peer Group Members

Peer Group Members means the companies identified by the Committee at the time this Agreement was approved. In the event a Peer Group Member files for bankruptcy or liquidates due to an insolvency, such company shall continue to be treated as a Peer Group Member, and such company’s Ending Price (as defined below) will be treated as $0 if the common stock (or similar equity security) of such company is no longer listed or traded on a national securities exchange on the last trading day of the applicable Performance Period (and if multiple Peer Group Members file for bankruptcy or liquidate due to an insolvency, such Peer Group Members shall be ranked in order of when such bankruptcy or liquidation occurs, with earlier bankruptcies/ liquidations ranking lower than later bankruptcies/liquidations). In the event of a formation of a new parent company by a Peer Group Member, substantially all of the assets and liabilities of which consist immediately after the transaction of the equity interests in the original Peer Group Member or the assets and liabilities of such Peer Group Member immediately prior to the transaction, such new parent company shall be substituted for the Peer Group Member to the extent (and for such period of time) as its common stock (or similar equity securities) are listed or traded on a national securities exchange but the common stock (or similar equity securities) of the original Peer Group Member are not. In the event of a merger or other business combination of two Peer Group Members (including, without limitation, the acquisition of one Peer Group Member, or all or substantially all of its assets, by another Peer Group Member), the surviving, resulting or successor entity, as the case may be, shall continue to be treated as a Peer Group Member, provided that the common stock (or similar equity security) of such entity is listed or traded on a national securities exchange through the last trading day of the applicable Performance Period. In the event a Peer Group Member is acquired by a company that is not a Peer Group Member during the applicable Performance Period or is otherwise no longer listed or traded on a national securities exchange on the last trading day of the applicable Performance Period, and such acquisition or delisting is not in connection with a filing for bankruptcy, a liquidation due to an insolvency or a formation of a new parent company as described in the foregoing, then such Peer Group Member shall cease to be a Peer Group Member...

Peer Group Members means the companies identified by the Committee at the time this Award Notice was approved.

Peer Group Members means all of [•], including the Company, on the date that is 20 trading days prior to the commencement of the Performance Period, with the following modifications: (i) except as provided in clause (ii) below, only those entities that continue to trade throughout the Performance Period without interruption on a National Exchange shall be included; and (ii) any such entity that files for bankruptcy (“ Bankrupt Peer ”) during the Performance Period shall continue to be included.

Peer Group Members means the companies in the Xxxxxxx 3000, including the Company, on the date that is 20 trading days prior to the commencement of the Performance Period, with the following modifications: (i) except as provided in clause (ii) below, only those entities that continue to trade throughout the Performance Period without interruption on a national exchange shall be included; and (ii) any such entity that files for bankruptcy (a "Bankrupt Peer") during the Performance Period shall continue to be included.

Peer Group Members means the following comparators: The number of Performance Share Units that will vest on the Vesting Date will be equal to the product of (i) the target Performance Share Units and (ii) the Payout Factor for the Performance Period, determined using the performance/payout matrix below. Maximum [ ] percentile [ ]% Target [ ] percentile [ ]% Threshold [ ] percentile [ ]% Below Threshold Below [ ] percentile [ ]% As demonstrated in the chart below, to the extent the Relative TSR Percentile Rank for the Performance Period is between specified performance levels, the portion of the target Performance Share Units that will vest will be determined using straight line interpolation; provided, that the maximum number of Performance Share Units that may become vested for the Performance Period will not exceed [ ]% of the target Performance Share Units.

Peer Group Members means the following companies: [ ] [ ] [ ] [ ] [ ] [ ] [ ] [ ]

Peer Group Members means the companies identified by the Committee at the time this Award Notice was