TBVPS Plus AD Growth definition

TBVPS Plus AD Growth the Performance Objective, means, with respect to any Performance Period, the percentage change in the Tangible Book Value per Share plus accumulated dividends from the Reference TBVPS Amount to the Measurement TBVPS Plus AD Amount, in each case, with respect to such Performance Period.
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TBVPS Plus AD Growth means, with respect to any Performance Year, the percentage change in the Tangible Book Value per Share plus accumulated dividends from the Reference TBVPS Amount to the Measurement TBVPS Plus AD Amount, in each case, with respect to such Performance Year.
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Examples of TBVPS Plus AD Growth in a sentence

  • Performance Shares in a given Vesting Tranche that are no longer eligible to vest following the Committee’s determination of TBVPS Plus AD Growth or Total Shareholder Return, as applicable, with respect to a given Performance Period shall immediately be forfeited to the Company by the Participant for no consideration as of the date of such determination.

  • The total number of vested Performance Shares in each Vesting Tranche shall be delivered following the later of (i) expiration of the Service Period and (ii) the Committee’s determination of TBVPS Plus AD Growth or Total Shareholder Return, as applicable, with respect to the Performance Period for such Vesting Tranche.

  • For purposes of this Agreement, the Performance Objectives shall be TBVPS Plus AD Growth or Total Shareholder Return, as applicable.