TSR Award definition
TSR Award means an Award, expressed as a target number of Restricted Stock Units, that is earned based on the achievement of TSR Percentile Ranking during the Performance Period, as set forth in the Award Notice.
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For more information visit our privacy policy.LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.
Phantom Stock Award means an Award granted under Paragraph X of the Plan.
Performance Award means any right granted under Section 6(d) of the Plan.
Performance Share Award means an Award entitling the recipient to acquire shares of Stock upon the attainment of specified Performance Goals.
Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).
Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.
Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).
Cash Award means an award denominated in cash.
Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;
Share Award means an Award of Shares granted pursuant to Section 10.
Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.
RSU Award or “RSU” means an Award of restricted stock units representing the right to receive an issuance of shares of Common Stock which is granted pursuant to the terms and conditions of Section 5(a).
Performance Shares means Shares or an Award denominated in Shares which may be earned in whole or in part upon attainment of performance criteria established by the Administrator.
Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.