Examples of Relative TSR Percentile in a sentence
Relative TSR Percentile Rank is determined by ranking the Company and all other S&P 500 Companies according to their respective Total Shareholder Return for the Performance Period.
The Company’s ranking is then divided by the total number of entities within the S&P 500 Companies to get the Relative TSR Percentile Rank.
If a Change of Control occurs subsequent to the last day of the Performance Period, but prior to calculation of the Relative TSR Percentile Ranking, then PSUs shall be converted to RSUs only after such calculation(s), provided, however, in the event that the Company has failed to achieve the Minimum Three-Year Relative TSR Percentile Rank for the Performance Period, then all PSUs shall be forfeited regardless of the Change of Control occurring after the end of the Performance Period.
Community banks and small business lendingCommunity banks have long been a primary source of credit for small businesses and today may continue to have the best business model for fulfilling many small business credit needs.4 But changing technology has led to increased competition in this product space from both larger banks and, in recent years, alternative lenders.Large banking organizations ramped up their small business lending between 2003 and 2008.
Aims:Eight years after independence in Namibia, the importance of evaluating and monitoring the Education Reform initiative is crucial.