Negative TSR. Notwithstanding anything in this Award Agreement to the contrary, if (i) the TSR of a Share is negative and (ii) the number of Shares otherwise issuable on lapse of the restrictions applicable to the PSUs, as determined in accordance with this Award Agreement, exceeds the number of Target PSUs, the number of Shares issued to the Participant will equal the number of Target PSUs.
Appears in 1 contract
Sources: Performance Share Unit Award Agreement (Baker Hughes Co)
Negative TSR. Notwithstanding anything in this Award Agreement to the contrary, if (i) the TSR of a Share is negative and (iii) the number of Shares otherwise issuable on lapse of the restrictions applicable to the PSUs, as determined in accordance with this Award Agreement, exceeds the number of Target PSUs, the number of Shares issued to the Participant will equal the number of Target PSUs.
Appears in 1 contract
Sources: Performance Share Unit Award Agreement (Baker Hughes a GE Co)