Determining Company Performance. Following the end of the Performance Period, the Company’s performance with respect to the Performance Goal shall be compared to that of the Peer Group. The Company’s percentile rank with respect to the Performance Goal shall be equal to the result of dividing (a) by (b), where (a) is the number corresponding to the Company’s numerical rank in the group consisting of the Company and the Peer Group (e.g., if the Company ranks seventh with respect to the Performance Goal for the Performance Period then the number for this purpose would be 7), and (b) is the number equal to the number of companies in the Peer Group for the Performance Period plus one (e.g., if there are 16 companies in the Peer Group for the Performance Period then the number for this purpose would be 17).
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Samples: Performance Share Unit Agreement (Red Hat Inc), Performance Share Unit Agreement (Red Hat Inc), Share Unit Agreement (Red Hat Inc)
Determining Company Performance. Following the end of the Performance Period, the Company’s performance with respect to the Performance Goal shall be compared to that of the Peer Group. The Company’s percentile rank with respect to the Performance Goal shall be equal to the result of dividing (a) by (b), where (a) is the number corresponding to the Company’s numerical rank in the group consisting of the Company and the Peer Group (e.g., if the Company ranks seventh with respect to the Performance Goal for the Performance Period then the number for this purpose would be 7), and (b) is the number equal to the number of companies in the Peer Group for the Performance Period plus one (e.g., if there are 16 companies in the Peer Group for the Performance Period then the number for this purpose would be 17).. Form of TSR PSU Award Agreement (approved March 22, 2017)
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Determining Company Performance. Following the end of the Performance Period, the Company’s performance with respect to the Performance Goal shall be compared to that of the Peer Group. The Company’s percentile rank with respect to the Performance Goal shall be equal to the result of dividing (a) by (b), where (a) is the number corresponding to the Company’s numerical rank in the group consisting of the Company and the Peer Group (e.g., if the Company ranks seventh with respect to the Performance Goal for the Performance Period then the number for this purpose would be 7), and (b) is the number equal to the number of companies in the Peer Group for the Performance Period plus one (e.g., if there are 16 companies in the Peer Group for the Performance Period then the number for this purpose would be 17).. Form of TSR PSU Award Agreement (approved May 6, 2018)
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