Relative Weighted Average RoTCE Performance Clause Samples

Relative Weighted Average RoTCE Performance. After the end of the Performance Period, the Committee will rank each member of the Comparison Group according to Change in Weighted Average RoTCE, and after that ranking Citigroup’s Change in Weighted Average RoTCE relative to the Change in Weighted Average RoTCE of members of the Comparison Group will determine the percentage of PSUs earned under the Relative Weighted Average RoTCE performance metric, as follows (using straight-line interpolation): 0 Percentile ___% 25th Percentile ___% 50th Percentile ___% 75th or higher Percentile ___% After the end of the Performance Period, the Committee will rank each member of the Comparison Group according to Change in Weighted Average RoTCE as follows: Comparison Group Change in Weighted Average RoTCE Rank Percentile Rank 1 100.00% 2 87.50% 3 75.00% 4 62.50% 5 50.00% 6 37.50% 7 25.00% 8 12.50% 9 00.00% Citigroup’s Change in Weighted Average RoTCE will then be compared to Change in Weighted Average RoTCE of the Comparison Group. If Citigroup’s Change in Weighted Average RoTCE is (1) equal to the Change in Weighted Average RoTCE of a member of the Comparison Group, then Citigroup’s percentile rank will be deemed to be equal to the percentile rank of that member, (2) between the Change in Weighted Average RoTCE of two members of the Comparison Group, then Citigroup’s percentile rank will be based on the linear interpolation between the percentile rank of those members and (3) greater than Change in Weighted Average RoTCE of the highest ranking Comparison Group member or less than the Change in Weighted Average RoTCE of the lowest ranking Comparison Group member, then Citigroup’s percentile rank will be deemed to be 100.00% or 0.00%, respectively.
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Related to Relative Weighted Average RoTCE Performance

  • Maximum Total Leverage Ratio The Borrower shall maintain, on the last day of each fiscal quarter set forth below, a Total Leverage Ratio of not more than the maximum ratio set forth below opposite such fiscal quarter: October 31, 2007, January 31, 2008, April 30, 2008, July 31, 2008, October 31, 2008 and January 31, 2009 4.7 to 1 April 30, 2009, July 31, 2009, October 31, 2009 and January 31, 2010 4.2 to 1 April 30, 2010 and each fiscal quarter thereafter 4.0 to 1

  • Maximum Leverage Ratio The Borrower will not permit the Leverage Ratio as of the end of any fiscal quarter to be greater than 0.55 to 1.00.