TSR Payout Percentage definition

TSR Payout Percentage means the percentage that corresponds to the TSR Percentile Rank specified below:
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TSR Payout Percentage means the percentage multiplier as determined in the table below: Relative 3-year TSR Percentile TSR Payout Percentage >90th Percentile 135% 75th Percentile 125% 50th Percentile 100% 25th Percentile 75% <10th Percentile 65% As shown in the table above, between each of the five percentile levels, the TSR Payout Percentage will be calculated based upon a linear interpolation. For example, there is linear interpolation between the 10th Percentile and the 25th Percentile, and a separate linear interpolation between the 25th Percentile and the 50th Percentile.
Sample 1Sample 2Sample 3
TSR Payout Percentage means the percentage multiplier as determined in the table below:
Sample 1Sample 2Sample 3

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%.


More Definitions of TSR Payout Percentage

TSR Payout Percentage means the percentage that corresponds to the TSR Percentile Rank specified below: Between the levels specified above, the Payout Percentage is interpolated linearly, rounded up to the nearest decimal point.
Sample 1Sample 2Sample 3
TSR Payout Percentage means the percentage that corresponds to the TSR Percentile Rank specified below: Between the levels specified above, the Payout Percentage is interpolated linearly at a ratio of three-and-one-third (3-1/3) percentage points for each percentile that the TSR Percentile Rank is greater than the 60th percentile, and two-and-one-half (2-1/2) percentage points for each percentile that the TSR Percentile Rank is less than the 60th percentile, in each case rounded up to the nearest decimal point.
Sample 1Sample 2

Related to TSR Payout Percentage

  • Actual Deferral Percentage means, for a specified group of Participants for a Plan Year, the average of the ratios (calculated separately for each Participant in the group) of (1) the amount of Employer contributions actually paid over to the Trust on behalf of the Participant for the Plan Year to (2) the Participant's Earnings for the Plan Year (or, provided that the Employer applies this method to all Employees for a Plan Year, the Participant's Earnings for that portion of the Plan Year during which he was eligible to participate in the Plan). Employer contributions on behalf of any Participant shall include: (i) his Elective Deferrals, including Excess Elective Deferrals of Highly Compensated Employees, but excluding (A) Excess Elective Deferrals of Non-Highly Compensated Employees that arise solely from Elective Deferrals made under the Plan or another plan maintained by an Affiliated Employer, and (B) Elective Deferrals that are taken into account in the Average Contribution Percentage test described in Section 5.10 (provided the ADP test is satisfied both with and without exclusion of these Elective Deferrals), and excluding Elective Deferrals returned to a Participant to reduce an Excess Amount as defined in Section 6.5(f); and (ii) if the Employer has elected to make Qualified Nonelective Contributions, such amount of Qualified Nonelective Contributions, if any, as shall be necessary to enable the Plan to satisfy the ADP test and not used to satisfy the ACP test; and (iii) if the Employer has elected to make Qualified Matching Contributions, such amount of Qualified Matching Contributions, if any, as shall be necessary to enable the Plan to satisfy the ADP test and not used to satisfy the ACP test. For purposes of computing Actual Deferral Percentages, an Employee who would be a Participant but for his failure to make Elective Deferrals shall be treated as a Participant on whose behalf no Elective Deferrals are made.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Invested Percentage means, with respect to any Series of Notes, the percentage specified in the applicable Series Supplement.

  • Actual Contribution Percentage means, with respect to a Plan Year, the ratio (expressed as a percentage) of the sum of the amount of (a) Matching Contributions, (b) After-Tax Contributions, (c) Qualified Nonelective ESOP Contributions, and (d) Tax Deferred Contributions recharacterized as After-Tax Contributions, made on behalf of the Participant for the Plan Year to the Participant’s Testing Compensation for the Plan Year.

  • Constant Percentage 1 means 100%;

  • Valuation Percentage means, for any item of Eligible Collateral, the percentage specified in Paragraph 13.

  • Constant Percentage 2 means 100%;