Common use of Performance Grid Clause in Contracts

Performance Grid. One-half of Participant’s Target Award will be earned based on the TSR, as defined herein, on shares of Citigroup common stock as compared to the TSRs of the Comparison Group during the Performance Period. The number of PSUs earned based on relative TSR (subject to vesting and the other terms and conditions of the Award) will be determined by multiplying the number of PSUs representing one-half of Participant’s Target Award by a percentage determined as follows: Lower than 25th Entire Award is cancelled under Section 2(d) 25th 0% 50th 100% 75th or higher 150%

Performance Grid. One-half of Participant’s Target Award will be earned based on the TSR, as defined herein, on shares of Citigroup common stock as compared to the TSRs of the Comparison Group during the Performance Period. The number of PSUs earned based on relative TSR (subject to vesting and the other terms and conditions of the Award) will be determined by multiplying the number of PSUs representing one-half of Participant’s Target Award by a percentage determined as followsfollows2: Lower than 25th Entire Award is cancelled under Section 2(d) 25th or lower 0% 50th 100% 75th or higher 150%