TOTAL SHAREHOLDER RETURN PLAN (TSR Sample Clauses

TOTAL SHAREHOLDER RETURN PLAN (TSR. If you lose your job with the Company as a result of the transaction and are not offered comparable employment with the Company, the Company will determine the pro rata value of your award under this Plan as of the Closing Date and make the appropriate payouts within 30 days of the Closing Date. The following technique will be used for purposes of calculating pro rata payments under the plan. A fraction will be applied to the target award. The numerator of the fraction will be the number of full months of active service completed from the beginning of the performance period to the Closing Date, and the Xx. Xxxxx Xxxxxx Senior Vice President ITT Industries, Inc. President and CEO ITT Automotive Page 5 of 7 May 14, 1998 denominator will be the number of full months in the performance period. Specifically, the denominators will be: 1997 Award Denominator ---------- ----------- 2 year period (1-1-97 to 12-31-98) 24 months 3 year period (1-1-97 to 12-31-99) 36 months 1998 Award Denominator ---------- ----------- 3 year period (1-1-98 to 12-31-2000) 36 months To determine the payment, the Company will then calculate the TSR position as of the Closing Date, and apply the appropriate factors to calculate the prorated payment. The Company shall be the sole arbiter of any issues related to the value of payouts under this paragraph 7, and its decisions and judgments in this regard shall be final and not subject to any challenge. In all other respects, the terms of the Plan will apply.
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Related to TOTAL SHAREHOLDER RETURN PLAN (TSR

  • Minimum Shareholders’ Equity The Borrower will not permit Shareholders’ Equity at the last day of any fiscal quarter of the Borrower to be less than $500,000,000 plus 25% of the net proceeds of the sale of Equity Interests by the Borrower and its Subsidiaries after the Ninth Amendment Effective Date (other than proceeds of sales of Equity Interests by and among the Borrower and its Subsidiaries).

  • Performance Measurement Satisfactory performance of this Contract will be measured by:

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  • Ongoing Performance Measures The Department intends to use performance-reporting tools in order to measure the performance of Contractor(s). These tools will include the Contractor Performance Survey (Exhibit H), to be completed by Customers on a quarterly basis. Such measures will allow the Department to better track Vendor performance through the term of the Contract(s) and ensure that Contractor(s) consistently provide quality services to the State and its Customers. The Department reserves the right to modify the Contractor Performance Survey document and introduce additional performance-reporting tools as they are developed, including online tools (e.g. tools within MFMP or on the Department's website).

  • PERFORMANCE MEASUREMENTS Upon a particular Commission’s issuance of an Order pertaining to Performance Measurements in a proceeding expressly applicable to all CLECs generally, BellSouth shall implement in that state such Performance Measurements as of the date specified by the Commission. Performance Measurements that have been Ordered in a particular state can currently be accessed via the internet at xxxx://xxxx.xxxxxxxxx.xxx. The following Service Quality Measurements (SQM) plan as it presently exists and as it may be modified in the future, is being included as the performance measurements currently in place for the state of Tennessee. At such time that the TRA issues a subsequent Order pertaining to Performance Measurements, such Performance Measurements shall supersede the SQM contained in the Agreement. BellSouth Service Quality Measurement Plan‌ (SQM) Tennessee Performance Metrics Measurement Descriptions Version 2.00 Issue Date: July 1, 2003 Introduction

  • Shareholders’ Equity Permit Gannett’s Total Shareholders’ Equity at any time to be less than $3,500,000,000.

  • Total Shares Except for the Shares referred to in 2.03, Stockholder does not beneficially own any (i) shares of capital stock or voting securities of the Company, (ii) securities of the Company convertible into or exchangeable for shares of capital stock or voting securities of the Company or (iii) options or other rights to acquire from the Company any capital stock, voting securities or securities convertible into or exchangeable for capital stock or voting securities of the Company.

  • STOCKHOLDERS' EQUITY As at any date of determination, the sum of (a) the capital accounts including common stock and preferred stock, but excluding treasury stock of the Borrower plus (b) the earned surplus and capital surplus of the Borrower (excluding adjustments to translate foreign assets and liabilities for changes in foreign exchange rates made in accordance with Financial Accounting Standards Board Statement No. 52), as determined in accordance with GAAP.

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