rTSR Modifier Sample Clauses

rTSR Modifier. Notwithstanding anything in this Statement of Performance Goals to the contrary, the total number of Performance Share Units that become earned pursuant to Section 2 of this Statement of Performance Goals (that is, the sum of the Vested ROIC PSUs and Vested ENV PSUs) shall be adjusted, either upwards or downwards, in accordance with the table below in the event that the Company’s RTSR Percentile Ranking for the Performance Period is as follows:

rTSR Modifier. ▇▇▇▇▇ rTSR Percentile Ranking TSR Modifier (% of Target Units)

rTSR Modifier. The “rTSR Modifier Percentage” shall be determined as follows (provided that there shall be interpolation, on a mathematical straight-line basis, to derive any rTSR Modifier Percentage not expressly forth in the below):

rTSR Modifier. The rTSR Modifier for a Tranche will be determined based on how the total shareholder return (“TSR”) of the Company during the applicable Performance Period compares to the TSRs of the Indexed Companies during such Performance Period. The rTSR Modifier for a Tranche will be determined based on the TSR of the Company (the “Company TSR”) during the applicable Performance Period relative to the TSRs of the Indexed Companies (each, an “Indexed Company TSR”) during such Performance Period, determined as follows:

rTSR Modifier. The rTSR Modifier shall be determined based on the percentile ranking of PepsiCo’s total shareholder return for the Performance Period relative to the total shareholder returns of an index of peer companies selected by the Committee, calculated in accordance with the method established by the Committee (“rTSR”). The rTSR Modifier shall be equal to the following rounded to the second decimal: (i) if the rTSR is less than or equal to the 25th percentile the rTSR Modifier will be 0.75, (ii) if the rTSR is equal to the 50% percentile the rTSR Modifier will be 1.00, and (iii) if the rTSR is greater than or equal to the 75th percentile, the rTSR Modifier will be 1.25. If the rTSR falls between the 25th and the 75th percentile, the rTSR Modifier will be determined based on linear interpolation. The peer index group will be adjusted in certain cases. A company will be removed from the index of peer companies for the entire Performance Period if the company is acquired or the company’s stock ceases to be publicly traded during the Performance Period. If a peer company files for bankruptcy during the Performance Period, it will remain in the index of peer companies with its total shareholder return deemed to be -100% for the entire Performance Period. Notwithstanding the level of performance achieved with respect to the performance targets established under Paragraphs A.3(a) and (b) above, the Committee has the discretion to reduce the number of PSUs to be paid. The Committee’s right to exercise this discretion with respect to the earned portion of the PSUs shall continue until the date on which the PSUs are delivered to the Participant. Except in the case of death or Total Disability, the portion of the PSUs with respect to which a Participant has satisfied the performance criteria will be payable in one payment as soon as practicable on or after the PSU Payment Date. Any PSUs that are not earned in accordance with this Paragraph A.3 shall be forfeited and cancelled.

rTSR Modifier. Following the end of the TSR Performance Period, the Committee will determine the level of achievement of the Relative Total Shareholder Return Performance Goal (as set forth below) and the corresponding rTSR Modifier Percentage. The “rTSR Modifier Percentage” shall be determined as follows (provided that there shall be interpolation on a mathematical straight-line basis to derive any rTSR Modifier Percentage between rTSR Threshold and rTSR Maximum performance levels. Fractional percentages will be rounded to the nearest whole percentage point to determine the rTSR Modifier Percentage.

rTSR Modifier. The number of PSUs in which Participant will be eligible to vest on the Certification Date based on financial performance under Paragraph 1(a)(i) is subject to an additional modifier based on the Corporation’s relative TSR (“rTSR”) performance versus the ▇▇▇▇▇▇▇ 2000 (as defined below) over the Three-Year Performance Period (as defined below), which will adjust the total number of PSUs eligible to vest determined under Paragraph 1(a)(i) from .75x-to-1.25x (the “rTSR Multiplier”) as follows: ​ 81st-100th Percentile 1.25 71st-80th Percentile 1.15 61st-70th Percentile 1.10 41st-60th Percentile 1.00 31st-40th Percentile .90 21st-30th Percentile .85 0-20th Percentile .75 ​ ​ ​

rTSR Modifier. The number of Restricted Stock Units that are eligible to vest based on attainment of the Core Earnings ▇▇▇ performance goal described above shall be modified based on the percentile level at which the total stockholder return (TSR) (as defined below) to the Company's stockholders over the Performance Period stands relative to the TSR realized for that period by the companies comprising the Standard & Poor’s 500 Diversified Financials Index (collectively, the “rTSR Modifier”), as follows: >75th percentile 1.33x 50th percentile 1x <25th percentile 0.67x *Interpolate between 25th percentile and 50th percentile and between 50th percentile and 75th percentile. For such purpose, the TSR for the Company’s stockholders shall be determined pursuant to the following formula: TSR = (Ending Stock Price1 - Beginning Stock Price2) + Reinvested Dividends3