Examples of TSR Percentile Ranking in a sentence
In no event shall the Vested Percentage exceed XX% of the Target PSUs for Tranche 1 or for Tranche 2 regardless of the Company’s TSR Percentile Ranking.
Notwithstanding the foregoing, if a 409A Change in Control Event occurs because of a Board Change in Control before [December 31, 2026], the applicable percentage based on the Company’s TSR Percentile Ranking shall be deemed to be [ ]%.
In no event shall the Vested Percentage exceed XX% of the Target PSUs regardless of the Company’s TSR Percentile Ranking.
The Company TSR Percentile Ranking will be determined as set forth in Section 2(c) below.
The Company TSR Percentile Ranking shall mean the percentage of TSRs of the companies included the S&P MidCap 400 Index as of the last day of the Performance Period that are lower than the Company’s TSR for the Performance Period.