Peer Index definition

Peer Index means the S&P Software and Services Select Industry Index.

Peer Index means the SNL US Homebuilders Index (or any successor thereto).

Peer Index. The companies listed in the S&P 500 Health Care Industry Index at the start of the Performance Period. The Compensation Committee may, in its sole discretion, adjust the Peer Index in the event of: (i) the merger of two members of the Peer Index; (ii) the acquisition of a member of the Peer Index by another member of the Peer Index; (iii) the acquisition of a member of the Peer Index by a company that is not a member of the Peer Index; and (iv) a split of a member of the Peer Index (in which case the Compensation Committee may, in its sole discretion, include both companies in the Peer Index). A Peer Company shall remain in the Peer Index following its bankruptcy or delisting (and shall be listed at the bottom of the Peer Index).

Examples of Peer Index in a sentence

• Following the Total Shareholder Return determination, the Company’s Percentile Rank shall be determined as follows: Percentile Rank shall be determined by listing from highest Total Shareholder Return to lowest Total Shareholder Return each company in the Peer Index (excluding the Company).

• Each company in between would be one hundred divided by n minus one (100/(n-1)) (rounded to nearest basis point - x.xx%) above the company below it, where “n” is the total number of companies in the Peer Index.

• 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.

• Following the TSR determination, the Company’s Percentile Rank shall be determined as follows: Percentile Rank shall be determined by listing from highest TSR to lowest TSR each company in the Peer Index (excluding the Company) as described on Appendix B.

• Notwithstanding any other provision of this Agreement to the contrary, the Award pursuant to this Agreement shall lapse and be forfeited on the Final Day of the Performance Period if (a) the Company’s total stockholder return for the Performance Period is less than the 25th percentile of the total stockholder returns of the Peer Index Companies for the Performance Period and (b) a Change in Control of the Company has not occurred on or before the Final Day of the Performance Period.

More Definitions of Peer Index

Peer Index an index of peer companies comprising those companies contained in the GICS Code 352030 Life Sciences Tools & Services as of [date Performance Period begins], with 20__ sales between ten percent (10%) and seven hundred and fifty percent (750%) of the Company’s 20__sales or a similar index of companies as determined by the Committee in its sole discretion. A company included in the Peer Index that during the Performance Period is acquired or is no longer required to report under the Exchange Act (other than owing to its filing for bankruptcy under Chapter 7 the U.S. Bankruptcy Code) shall be deemed to have been removed from the Peer Index as of the beginning of the Performance Period.

Peer Index means the S&P 500 Index excluding Financial sector companies. For purposes of the Relative TSR determination, the companies that comprise the S&P 500 Index on the first day of the Performance Period (each a “Peer Company” and collectively , the “Peer Companies”) will remain constant throughout the performance period. As a result, at the end of the Performance Period, the actual number of Peer Companies used to calculate Relative TSR is expected to be fewer than at the beginning of the Performance Period. In determining Relative TSR, the Committee may, in its discretion, make adjustments to the list of Peer Companies and assumptions with respect to any such Peer Company’s TSR to reflect events that occur during the Performance Period, including, but not limited to, acquisitions, divestitures, spin-offs, bankruptcy, insolvency and other extraordinary events.

Peer Index. S&P MID CAP UTILITY INDEX Alliant Energy Corporation; DPL Inc.; Duquesne Light Holding Inc.; Great Plains Energy Inc.; Hawaiian Electric Inds.; Idacorp Inc.; Northeast Utilities; Nstar; OGE Energy Corporation; Pepco Holdings Inc.; PNM Resources Inc.; Puget Energy Inc.; Wisconsin Energy Corp,; and WPS Resources Corp. THIS AGREEMENT (the “Agreement”) effective _______________, represents the grant of Performance Shares by Black Hills Corporation, a South Dakota corporation (the “Company”), to the Participant named above, pursuant to the provisions of the Plan. The Plan provides a complete description of the terms and conditions governing the Performance Shares. If there is any inconsistency between the terms of this Agreement and the terms of the Plan, the Plan’s terms shall completely supersede and replace the conflicting terms of this Agreement. All capitalized terms shall have the meanings ascribed to them in the Plan, unless specifically set forth otherwise herein. The parties hereto agree as follows:

Peer Index. The Philadelphia Utility Index (UTY) Earnout Schedule: PPL’s relative TSR vs. TSR for companies in the Peer Index Percentile Rank (PPL TSR performance, relative to companies in Peer Index) Payout(Expressed as a % of Target Award) 85th Percentile or above 200% (i.e., the Maximum Award) 50th Percentile 100% (i.e., the Target Award) 25th Percentile 25% Below 25th Percentile 0% ** Full interpolation between percentile points between the 25th and 85th percentile.

Peer Index. Industry Peer Group Calculation: Talen Energy Corporation’s 2015-2017 TSR Rank vs. Industry Peer Group PSU Calculation For 2015-2017 Performance Cycle Talen 2015-17 TSR Rank vs. Peers % of PSUs Earned Top Four of 16 total (max) 200 % 5th of 16 175 % 6th of 16 150 % 7th of 16 125 % 8th of 16 (target) 100 % 9th of 16 75 % 10th of 16 50 % 11th of 16 37.5 % 12th of 16 (threshold) 25 % Bottom Four of 16 total 0 % Maximum possible payout is the Maximum Award (i.e., 200% of target number of shares of common stock).

Peer Index. [Annual Stock Performance Report prepared by a financial institutions with total assets between $1 billion and $5 billion] THIS AGREEMENT (the “Agreement”) effective , represents the grant of Performance Shares by RBB Bancorp, a California corporation (the “Company”), to the Participant named above, pursuant to the provisions of the Plan. The Plan provides a complete description of the terms and conditions governing the Performance Shares. If there is any inconsistency between the terms of this Agreement and the terms of the Plan, the Plan’s terms shall completely supersede and replace the conflicting terms of this Agreement. All capitalized terms shall have the meanings ascribed to them in the Plan, unless specifically set forth otherwise herein. The parties hereto agree as follows:

Peer Index. The S&P Electric Utilities Index.