Absolute TSR Modifier Sample Clauses

Absolute TSR Modifier. Notwithstanding anything to the contrary in this Exhibit A, in the event that the Company’s TSR is negative for the Performance Period, the maximum number of PSUs that may become Eligible PSUs is 100% of the Target Number of PSUs.
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Absolute TSR Modifier. Notwithstanding anything to the contrary contained in Section 1(a), if (i) Piedmont’s absolute TSR for the Performance Cycle is negative, and (ii) the relative Performance Level for the applicable Performance Cycle is determined to be above the Target Performance Level, the Percentage of the Target Amount Payable shall be reduced according to the following schedule: -0.01% 10% <= -15.0% 30% The adjustment in this Section 1(b) shall not apply if the relative Performance Level for the applicable Performance Cycle is determined to be at or below the Target Performance Level.
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Absolute TSR Modifier. Notwithstanding anything in this Statement of Management Objectives to the contrary, the number of PRSUs that become Vested pursuant to Section 3 of this Statement of Management Objectives will be reduced by __________ (_____) in the event that the Company’s Total Shareholder Return for the Performance Period is negative.
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Absolute TSR Modifier. Notwithstanding the foregoing, the number of Adjusted Performance Shares that shall vest will be determined by multiplying the payout (as a percentage of the Award) determined by the Company's relative TSR performance pursuant to Section 2 of this Exhibit A by the applicable multiplier set forth in the table below, based on the Company's annualized absolute TSR for the Performance Period. For example, if the Company's TSR ranking is at the 50th percentile, resulting in a 100% Payout
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Related to Absolute TSR Modifier

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