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%.
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.
For example, if the Average Annual Growth in AFFO per Share for the Performance Period was 1.5%, the Annualized TSR for the Performance Period was in the 55th Percentile, the Fixed Charge Coverage Ratio was 3.15 and the Debt Plus Preferred to EBITDA Ratio was 6.875, then the Combined Payout Percentage would equal 95.83%: the sum of [(a) 75% (AFFO Payout Percentage), (b) 100% (TSR Payout Percentage), and (c) 112.5% (the average of the two Leverage Metric Payout Percentages)] divided by 3.
Subject to the terms of the Restricted Stock Unit Agreement and the Plan, the Restricted Stock Units shall vest based on the product of the Target Award and the Absolute TSR Payout Percentage, rounded up to the nearest whole number, with the Absolute TSR Payout Percentage determined as set forth in the table below based on the Performance Goal that is achieved.
The TSR Payout Percentage or AFFO Payout Percentage will be 0% if the applicable performance measure is below the Minimum.
To illustrate, if the Company’s TSR is the third highest in the Peer Group comprised of 29 companies, its Percentile Rank would be __, which would result in a TSR Payout Percentage (weighted 50%) of __%.
Hudsonville Community Education reserves the right to cancel classes due to insufficient enrollment.
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.
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 200%.