Total Shareholder Return Adjustment Factor definition

Total Shareholder Return Adjustment Factor or “TSR Adjustment Factor” means a factor that can increase or decrease the applicable Payout Percentage by up to 20% but not to exceed the maximum Payout Percentage, based on the Company’s TSR as compared to the TSRs of the Comparison Group during the Performance Period.
Total Shareholder Return Adjustment Factor means the adjustment factor calculated in accordance with Section 2 of this Schedule I.

Examples of Total Shareholder Return Adjustment Factor in a sentence

  • The Total Shareholder Return Adjustment Factor shall be equal to the product of (i) the Total Shareholder Return Weighting and (ii) the Total Shareholder Return Multiplier.

  • For this purpose, the Adjustment Factor means the sum of (i) the Total Shareholder Return Adjustment Factor, (ii) the EBITDA Margin Adjustment Factor, (iii) the EBITDA Amount Adjustment Factor, (iv) the HSE Adjustment Factor and (v) the Debt Ratio Adjustment Factor.

  • For this purpose, the Adjustment Factor means the sum of (i) the Total Shareholder Return Adjustment Factor, and (ii) the HSE Adjustment Factor.