Common use of Absolute TSR Amount Clause in Contracts

Absolute TSR Amount. Subject to the provisions of Sections 3(c) and 3(d) below and the paragraph immediately below the following table, the following table sets forth the number of Absolute TSR Award LTIPs that shall be earned based on the Absolute TSR as of the Valuation Date (such number of earned Absolute TSR Award LTIPs, the “Absolute TSR Amount”): Below Threshold (0%) Less than 24.0% 0 Threshold (25%) 24.0% 319,366 Target (50%) 30.0% 638,733 Maximum (100%) 36.0% or higher 1,277,465 No Absolute TSR Award LTIPs will be earned if the Absolute TSR is less than 24 percent. If the Absolute TSR is more than 24 percent but less than 30 percent, or more than 30 percent but less than 36 percent, the percentage of the Absolute TSR Award LTIPs earned will be determined using linear interpolation as between those tiers, respectively.

Absolute TSR Amount. Subject to the provisions of Sections 3(c) and 3(d) below and the paragraph immediately below the following table, the following table sets forth the percentages that shall be used to calculate the number of Absolute TSR Award LTIPs that shall be earned based on the Absolute TSR as of the Valuation Date (such number of earned Absolute TSR Award LTIPs, the “Absolute TSR Amount”): Below Threshold (0%) Less than 24.012.0% 0 Threshold (12.0% 25%) % Target 18.0% 50% Maximum 24.0% 319,366 Target (50%) 30.0% 638,733 Maximum (100%) 36.0% or higher 1,277,465 100% No Absolute TSR Award LTIPs will be earned if the Absolute TSR is less than 24 12 percent. If the Absolute TSR is more than 24 12 percent but less than 30 18 percent, or more than 30 18 percent but less than 36 24 percent, the percentage of the Absolute TSR Award LTIPs earned will be determined using linear interpolation as between those tiers, respectively.