TSR Performance Level definition
TSR Performance Level means the measure of Company TSR performance relative to the Peer Group, as set forth on page 2 of this Award Agreement. In determining the final Performance Level, the Committee shall use straight-line interpolation between Threshold and Target, between Target and Excellent, and between Excellent and Outstanding. No TSR Reward will be earned for a Performance Level less than Threshold. No additional TSR Reward above Outstanding will be earned for a Performance Level greater than Outstanding.
TSR Performance Level means the Company’s ranking, based on its Total Shareholder Return, compared to the Total Shareholder Return of each member of the Peer Group for the three-year period from January 1, 2007 to December 31, 2009.
Examples of TSR Performance Level in a sentence
For example if the calculated TSR Performance Level is 20.2%, the Performance Level shall be deemed as 21%.