Performance Multiplier Percentage definition

Performance Multiplier Percentage means the percentage specified in the following table that corresponds to the [ ].
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Performance Multiplier Percentage or “PMP” means the percentage specified in the following table that corresponds to the TSR achieved by the Company during the Performance Period as compared to the TSR achieved by the Index during the Performance Period. If the comparison of Company TSR against Index TSR falls between the performance levels specified in the table, the corresponding Performance Multiplier Percentage will be determined by linear interpolation. If Company TSR is greater than Index TSR but is negative, the Performance Multiplier Percentage shall be capped at 100%. Company TSR is more than 10 percentage points less than Index TSR 0% Company TSR is 10 percentage points less than Index TSR 40% Company TSR is equal to Index TSR 80% Company TSR is 5 percentage points greater than Index TSR 100% Company TSR is 30 percentage points greater than Index TSR 200%
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Performance Multiplier Percentage or “PMP” means the percentage specified in the following table that corresponds to the TSR achieved by the Company during the Performance Period as compared to the TSR achieved by the Index during the Performance Period. If the comparison of Company TSR against Index TSR falls between the performance levels specified in the table, the corresponding
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Examples of Performance Multiplier Percentage in a sentence

  • In calculating the Performance Multiplier Percentage, percentages shall be rounded to the nearest one-tenth of one percent.

  • The number of earned PSUs is calculated by multiplying the Target Number of PSUs specified on the cover page of the Agreement by the Performance Multiplier Percentage.

  • The number of earned Units is calculated by multiplying the Target Number of Units specified on the cover page of the Agreement by the Performance Multiplier Percentage.

  • The number of vested Shares is calculated by multiplying the Target Number of Restricted Shares specified on the cover page of the Agreement by the Performance Multiplier Percentage.