Common use of Calculation of TSR and CAGR Clause in Contracts

Calculation of TSR and CAGR. The TSR and CAGR of the Company and the Peer Companies for the Performance Period shall be calculated in accordance with the methodology utilized by S&P with respect to the Custom Index.

Appears in 5 contracts

Samples: Performance Stock Unit Award Agreement (SM Energy Co), Performance Stock Unit Award Agreement (SM Energy Co), Performance Share and Restricted Stock Unit Award Agreement (SM Energy Co)

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Calculation of TSR and CAGR. The TSR and CAGR of the Company and the Peer Companies for the Performance Period shall be calculated in accordance with the methodology utilized adopted by S&P with respect to the Custom IndexCommittee in its sole discretion.

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement (SM Energy Co), Performance Stock Unit Award Agreement (SM Energy Co)

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