Examples of Percentile Ranking in a sentence
The Board will rank the Company’s performance against the RTSR Criterion within the Peer Group (set forth on Exhibit A) as of December 31, 2026, and apply the award multiplier from the following table: Relative TSR Performance Relative TSR Performance Rank Percentile Ranking Award Payout Payout vs.
Notwithstanding anything in this Exhibit A to the contrary, the number of Target Performance Units (and associated Dividend Equivalents) that become Earned Performance Units (and Earned Dividend Equivalents) based on the level of achievement of the metrics set forth in table above shall be adjusted, either upwards or downwards, based on AFG’s RTSR Percentile Ranking for the Performance Period, in accordance with the table below, as determined by the Compensation Committee.
RTSR Percentile Ranking RTSR Modifier 75th percentile or above 120% of overall payout multiple Between 25th and 75th percentile 100% of overall payout multiple 25th percentile or below 80% of overall payout multiple For purposes of this Exhibit A, the following definitions shall apply: AAC: Ambac Assurance Corporation.
Your Total Stockholder Return Performance Factor, expressed as a percentage, will be determined in accordance with the table below based on the Corporation’s Percentile Ranking of TSR against the Peer Performance Group for the Performance Period; provided, however, that, notwithstanding anything in this Award Agreement to the contrary, if the Corporation’s TSR for the three-year Performance Period is negative, the maximum Total Stockholder Return Performance Factor shall not exceed 100%.
The Units and Additional Units will vest on the last day of the Measurement Period in accordance with this Section 2 based on the Percentile Ranking for the Measurement Period as follows: Percentile Ranking Units Vesting Percentage Less than 30% 50 % 50% 100 % At least 75% 150 % The Units Vesting Percentage shall be calculated on the basis of straight line interpolation in the event that the Percentile Ranking for the Measurement Period is between the Percentile Rankings shown above.
In no event shall the Vested Percentage exceed XX% of the Target PSUs for Tranche 1 or for Tranche 2 regardless of the Company’s TSR Percentile Ranking.
Award Date: February 22, 2024 Page 7 Band Percentile Ranking Total Stockholder Return Performance Factor One 75th - 100th 200% (Maximum) Two 60th 150% Three 50th 100% Four 40th 50% Five 35th 25% (Threshold) If the Corporation’s TSR puts the Corporation over the listed Percentile Ranking for the applicable Band (other than Band One) in the above table, your Total Stockholder Return Performance Factor shall be interpolated on a linear basis.
A company that is removed from the Peer Group before the end of the Performance Period will be excluded from the calculation of rTSR Percentile Ranking.
Subject to early termination of this Agreement pursuant to Sections 4 or 5 below, as soon as practicable following the end of the Performance Period, the Company shall determine the Average XXX (as defined in Section 3(c)), BVPS Growth (as defined in Section 3(d)) and rTSR Percentile Ranking (as defined in Section 3(h)) over such Performance Period.
Performance Factor One 75th - 100th 200% (Maximum) Two 60th 150% Three 50th 100% Four 40th 50% Five 35th 25% (Threshold) If the Corporation’s TSR puts the Corporation over the listed Percentile Ranking for the applicable Band (other than Band One) in the above table, your Total Stockholder Return Performance Factor shall be interpolated on a linear basis.