Examples of TSR Measurement Date in a sentence
If the Grantee’s Employment is voluntarily or involuntarily terminated for any reason prior to the TSR Measurement Date, all such unvested Restricted Stock Units shall immediately and automatically be forfeited.
On the TSR Measurement Date, the Administrator shall determine the extent to which, if any, the performance objective has been met and the number of Restricted Stock Units that are earned hereunder.
The TSR Modifier shall be determined by substituting for the TSR Measurement Date the date of the Change in Control.
Notwithstanding anything set forth in clause (i), if the Company’s TSR for the period between the Equity Grant Date and the TSR Measurement Date (the “TSR Performance Period”) is below the [fiftieth (50th)] percentile ranking of the TSR for the Share Unit Peer Group based on the 20 trading days preceding the TSR Measurement Date, you will be entitled to receive no more than the number of Common Shares equal to [100%] of the TSR-Based Share Units.
Index Constituents Percentage of PSUs underlying Fourth Tranche or Fifth Tranche (as applicable) that are Earned Less than 50th Percentile 0% 50th Percentile 50% 60th Percentile 100% If the relative TSR of the Company compared to that of the Index Constituents as of the TSR Measurement Date is between the 50th percentile and the 60th percentile, the earned percentage shall be linearly interpolated between 50% and 100%.