TSR Modifier definition

TSR Modifier means a chart, attached hereto as ANNEX C, established by the Committee at a meeting to be held no later than April 30, 2007, which plots the different modifiers (which may be positive or negative) at TSR Performance Levels achieved; provided, however, that if for any reason the Committee shall determine that the TSR Modifier for the applicable three-year period is not an accurate measure of the Company’s performance for such three-year period, the Committee may, in its discretion, take action to adjust the percentage modifier in a manner that it deems appropriate under the circumstances.

TSR Modifier means the TSR Modifier as set forth on Exhibit A.

TSR Modifier means that (i) in the event TSR for the Performance Period is between [ ⚫ ] and -[ ⚫ ]%, the Vesting Eligible RSUs shall not exceed the Target Award; and (ii) in the event TSR for the Performance Period is [ ⚫ ]% or greater, the Vesting Eligible RSUs shall equal the Target Award.

Examples of TSR Modifier in a sentence

• Notwithstanding anything in the Agreement to the contrary, in the event all or a portion of the Shares to be issued to you upon vesting and settlement of the Performance Share Units become distributable upon your termination of employment or at some time following your termination of employment, the Company may determine, in its discretion, that such Shares will vest and become distributable as soon as practicable following your termination of employment without application of the TSR Modifier.

• In determining performance, the Committee shall consider all fiscal quarters completed prior to the date of death or Disability, and (1) prorate the Minimum Performance Hurdle based on the number of completed fiscal quarters compared to the total 3-year Performance Period, and (2) with respect to the ROTCE Matrix and TSR Modifier, determine actual performance, based on completed calendar quarters, from the first day of the Performance Period through the date of death or Disability.

• Following the completion of the Performance Period, the Reference Amount determined in accordance with the Primary Performance Metric above will be adjusted by the TSR Modifier (as described below).

• After the Level of Achievement of the Relative Performance Goal is determined by the Administrator as provided in this Agreement, the Relative TSR and TSR Modifier shall be determined and applied in accordance with the TSR Modifier chart in Exhibit A attached hereto and made a part hereof.

• The TSR Modifier will be determined based on the Company’s ___ year performance (with TSR measurement being made at the end of the Performance Period) as measured against the ___ year performance of the companies comprising the KBW Regional Banking Index over the same period.

More Definitions of TSR Modifier

TSR Modifier means the applicable percentage amount listed in the TSR modifier chart.

TSR Modifier determined pursuant to Section 6, and otherwise in accordance with the terms and conditions set forth herein and in the Plan (the “Award”). To the extent that any provision of this Agreement conflicts with the expressly applicable terms of the Plan, you acknowledge and agree that those terms of the Plan will control and, if necessary, the applicable terms of this Agreement will be deemed amended so as to carry out the purpose and intent of the Plan.

TSR Modifier means the modification to the initial Earnout Percentage determined by the Company’s TSR relative to the Peer Group.

TSR Modifier means a whole percentage, as set forth in the TSR Modifier graphic on the first page of this Shareholder Value Award, representing the absolute percentage point difference in the performance of the Company’s TSR compared to the Peer Group’s median TSR, subject to a maximum TSR Modifier of plus or minus 20% (i.e., each whole percentage point represents the percentage that the Company’s TSR is above/below the Peer Group’s median TSR).

TSR Modifier shall be determined in accordance with the table below: If the Company’s Annualized TSR Is… The TSR Modifier Is… Less than 5% (“Threshold TSR”) 75% 7% (“Target TSR”) 100% 9% (“Maximum TSR”) or more 125%

TSR Modifier is an adjustment to the number of Earned Shares based on a comparison of the Company’s total shareholder return (“TSR”) to for the Performance Period, as follows: • If the Company’s TSR is , the number of Earned Shares issued for the Performance Period will be adjusted upward by %. • If the Company’s TSR is , the number of Earned Shares issued for the Performance Period will be adjusted downward by %. • If the Company’s TSR is , the number of Earned Shares issued for the Performance Period will not be adjusted.

TSR Modifier is an adjustment to the number of Performance Shares based on the Average TSR Percentile Rank of the Company for the Performance Period as follows: Average TSR Percentile Rank TSR Modifier Adjustment 75% or more +20% 50% 0% 25% or less +20% If the Company’s Average TSR Percentile Rank is between any two data points set forth in the first column of the above table, the TSR Modifier shall be determined by interpolation between the corresponding data points in the second column of the table as follows: the difference between the Company’s Average TSR Percentile Rank and the lower data point shall be divided by the difference between the higher data point and the lower data point, the resulting fraction shall be multiplied by the difference between the two corresponding data points in the second column of the table, and the resulting product shall be added to the lower corresponding data point in the second column of the table, with the resulting sum being the TSR Modifier.