Examples of TSR Payout Percentage in a sentence
Upon a Participant’s Termination due to the Participant’s death or Disability, all unvested TSR RSUs shall immediately become vested assuming a TSR Payout Percentage of 100%.
To illustrate, if the Company's TSR is the third highest in the Peer Group comprised of 29 companies, its Percentile Rank would be 93, which would result in a TSR Payout Percentage (weighted 50%) of 150%.
In the event of a Change in Status, all of your then outstanding Phantom Units (assuming a TSR Payout Percentage of 100% with respect to Tranche B) and tandem DERs shall be deemed 100% nonforfeitable on such date, and such Phantom Units shall vest in full upon the next Distribution Date.
The date of the Committee’s determination and the date such vesting will occur is the “Determination Date.”(b)As determined by the Committee on the Determination Date following the First Measurement Period, the number of PRSUs that will vest shall equal (i) the TSR Payout Percentage for the First Measurement Period (not to exceed 100%) multiplied by (ii) the Target Number of PRSUs for the First Measurement Period, with such number of PRSUs rounded down to the nearest whole unit.
CHP shall use its reasonable best efforts to take, or cause to be taken, all actions and do, or cause to be done, all things necessary to satisfy in all material respects on a timely basis all conditions and covenants applicable to CHP in the Sponsor Support Agreement and otherwise comply with its obligations thereunder and to enforce its rights under each such agreement.
If results for a performance measure exceed the Minimum, but are less than Target, or exceed Target, but are less than Maximum, the applicable TSR Payout Percentage or the AFFO Payout Percentage will be determined on a sliding scale based upon the percentage such excess represents of the difference between Minimum and Target, or Target and Maximum, as the case may be.
The number of earned Performance Shares under this Section 4(a) shall be equal to the product of the Participant’s Target Performance Shares and the achieved Absolute TSR Payout Percentage.
To illustrate, if the Company's TSR is the third highest in the Peer Group comprised of 29 companies, its Percentile Rank would be 93, which would result in a TSR Payout Percentage (weighted 50%) of ___%.
In the event of a Change in Control that occurs prior to the last day of the Performance Period, the number of Performance Units that are eligible to vest shall be determined by the Committee prior to the Change in Control based upon the TSR Payout Percentage during the portion of the Performance Period that precedes the Change in Control (the “CIC Units”).
To illustrate, if the Company’s TSR is the third highest in the Peer Group comprised of 29 companies, excluding the Company, its Percentile Rank would be 93, which would result in a TSR Payout Percentage (weighted 50%) of 200%.