Common use of Calculation of Percentile Rank Clause in Contracts

Calculation of Percentile Rank. Following the Total Shareholder Return determination for the Company and the companies in the Comparison Group, the “Company Rank” within the Comparison Group shall be determined by listing each company in the Comparison Group (including the Company) from the highest Total ​ Shareholder Return to lowest Total Shareholder Return and counting up to the Company from the company with the lowest Total Shareholder Return. The Company’s “Percentile Rank” shall then be determined as follows: Percentile Rank for Comparison Group​​ =​​ Company Rank in Comparison Group Total Number of Companies in the Comparison Group Including the Company​ In the event that the Company’s Total Shareholder Return for the Performance Period is equal to the Total Shareholder Return(s) of one or more other companies in the Comparison Group for that same period, the Company’s Total Shareholder Return Percentile Rank will be determined by ranking the Company’s Total Shareholder Return for that period as being greater than such other companies in the Comparison Group. ​

Appears in 1 contract

Samples: Performance Share Award Agreement (CTO Realty Growth, Inc.)

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Calculation of Percentile Rank. Following the Total Shareholder Return determination for the Company and the companies in the Comparison Group, the “Company Rank” within the Comparison Group shall be determined by listing each company in the Comparison Group (including the Company) from the highest Total Shareholder Return to lowest Total Shareholder Return and counting up to the Company from the company with the lowest Total Shareholder Return. The Company’s “Percentile Rank” shall then be determined as follows: Percentile Rank for Comparison Group​​ =​​ Company Rank in Comparison Group Total Number of Companies in the Comparison Group Including the Company​ In the event that the Company’s Total Shareholder Return for the Performance Period is equal to the Total Shareholder Return(s) of one or more other companies in the Comparison Group for that same period, the Company’s Total Shareholder Return Percentile Rank will be determined by ranking the Company’s Total Shareholder Return for that period as being greater than such other companies in the Comparison Group. ​

Appears in 1 contract

Samples: Performance Share Award Agreement (CTO Realty Growth, Inc.)

Calculation of Percentile Rank. Following the Total Shareholder Return determination for the Company and the companies in the Comparison Group, the “Company Rank” within the Comparison Group shall be determined by listing each company in the Comparison Group (including the Company) from the highest Total ​ Shareholder Return to lowest Total Shareholder Return and counting up to the Company from the company with the lowest Total Shareholder Return. The Company’s “Percentile Rank” shall then be determined as follows: Percentile Rank for Comparison Group​​ =​​ Group = Company Rank in Comparison Group Total Number of Companies in the Comparison Group Including the Company​ Company In the event that the Company’s Total Shareholder Return for the Performance Period is equal to the Total Shareholder Return(s) of one or more other companies in the Comparison Group for that same period, the Company’s Total Shareholder Return Percentile Rank will be determined by ranking the Company’s Total Shareholder Return for that period as being greater than such other companies in the Comparison Group. ​.

Appears in 1 contract

Samples: Performance Share Award Agreement (CTO Realty Growth, Inc.)

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Calculation of Percentile Rank. Following the Total Shareholder Return determination for the Company and the companies in the Comparison Group, the “Company Rank” within the Comparison Group shall be determined by listing each company in the Comparison Group (including the Company) from the highest Total Shareholder Return to lowest Total Shareholder Return and counting up to the Company from the company with the lowest Total Shareholder Return. Schedule A-1, page 1 of 4 Schedule A-1, page 1 of 4 The Company’s “Percentile Rank” shall then be determined as follows: Percentile Rank for Comparison Group​​ =​​ Group = Company Rank in Comparison Group Total Number of Companies in the Comparison Group Including the Company​ Company In the event that the Company’s Total Shareholder Return for the Performance Period is equal to the Total Shareholder Return(s) of one or more other companies in the Comparison Group for that same period, the Company’s Total Shareholder Return Percentile Rank will be determined by ranking the Company’s Total Shareholder Return for that period as being greater than such other companies in the Comparison Group. ​.

Appears in 1 contract

Samples: Performance Share Award Agreement (Consolidated Tomoka Land Co)

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