Common use of Peer Companies Clause in Contracts

Peer Companies. The term “Peer Companies” means all companies listed in the Xxxxxxx Mid-Cap Financial Services Index as of the first day of the Performance Period as adjusted below. Each Peer Company’s “common stock” shall mean that series of common stock that is publicly traded on a registered U.S. exchange or, in the case of a non-U.S. company, an equivalent non-U.S. exchange. For purposes of calculating TSR, the value on any given trading day of any Peer Company shares traded on a foreign exchange will be converted to U.S. dollars. The Peer Companies may be changed as follows:

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Assured Guaranty LTD), Assured Guaranty LTD, Assured Guaranty LTD

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.