Common use of Total Shareholder Return Clause in Contracts

Total Shareholder Return. For purposes of this Agreement, the Total Shareholder Return (TSR) is defined as the three-year total shareholder return of the Company calculated with dividends reinvested, for all shares of common stock of the Company (“Company Stock”) reported for the New York Stock Exchange - Composite Transactions ending on the last day of the Performance Period (or, if Company Stock is not traded on that date, on the next preceding date on which Company Stock is traded). For purposes of calculating the TSR: (i) the starting stock price will be an average of the closing prices for the 20 trading days ending on December 31, [insert last day preceding performance period] and (ii) the ending stock price will be an average of the closing prices for the 20 trading days ending on December 31,[insert last day of performance period].

Appears in 2 contracts

Samples: Performance Cash Unit Agreement (Nicor Inc), Performance Cash Unit Agreement (Nicor Inc)

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Total Shareholder Return. For purposes of this Agreement, the Total Shareholder Return (TSR) is defined as the three-year total shareholder return of the Company calculated with dividends reinvested, for all shares of common stock of the Company (“Company Stock”) reported for the New York Stock Exchange - Composite Transactions ending on the last day of the Performance Period (or, if Company Stock is not traded on that date, on the next preceding date on which Company Stock is traded). For purposes of calculating the TSR: (i) the starting stock price will be an average of the closing prices for the 20 trading days ending on December 31, [insert last day preceding performance period] 2006 and (ii) the ending stock price will be an average of the closing prices for the 20 trading days ending on December 31,[insert last day of performance period]31, 2009.

Appears in 1 contract

Samples: Performance Cash Unit Agreement (Nicor Inc)

Total Shareholder Return. For purposes of this Agreement, the Total Shareholder Return (TSR) is defined as the three-year total shareholder return of the Company calculated with dividends reinvested, for all shares of common stock of the Company (“Company Stock”) reported for the New York Stock Exchange - Composite Transactions ending on the last day of the Performance Period (or, if Company Stock is not traded on that date, on the next preceding date on which Company Stock is traded). For purposes of calculating the TSR: (i) the starting stock price will be an average of the closing prices for the 20 trading days ending on December 31, [insert last day preceding performance period] 2007 and (ii) the ending stock price will be an average of the closing prices for the 20 trading days ending on December 31,[insert last day of performance period]31, 2010.

Appears in 1 contract

Samples: Term Incentive Plan (Nicor Inc)

Total Shareholder Return. For purposes of this Agreement, the Total Shareholder Return (TSR) is defined as the three-year total shareholder return of the Company calculated with dividends reinvested, for all shares of common stock of the Company (“Company Stock”) reported for the New York Stock Exchange - Composite Transactions ending on the last day of the Performance Period (or, if Company Stock is not traded on that date, on the next preceding date on which Company Stock is traded). For purposes of calculating the TSR: (i) the starting stock price will be an average of the closing prices for the 20 trading days ending on December 31, [insert last day preceding performance period] 2005 and (ii) the ending stock price will be an average of the closing prices for the 20 trading days ending on December 31,[insert last day of performance period]31, 2008.

Appears in 1 contract

Samples: Performance Cash Unit Agreement (Nicor Inc)

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Total Shareholder Return. For purposes of this Agreement, the Total Shareholder Return (TSR) is defined as the three-year total shareholder return of the Company calculated with dividends reinvested, for all shares of common stock of the Company (“Company Stock”) reported for the New York Stock Exchange - Composite Transactions ending on the last day of the Performance Period (or, if Company Stock is not traded on that date, on the next preceding date on which Company Stock is traded). For purposes of calculating the TSR: (i) the starting stock price will be an average of the closing prices for the 20 trading days ending on December 31, [insert last day preceding performance period] 2010 and (ii) the ending stock price will be an average of the closing prices for the 20 trading days ending on December 31,[insert last day of performance period]31, 2013.

Appears in 1 contract

Samples: Performance Cash Unit Agreement (Nicor Inc)

Total Shareholder Return. For purposes of this Agreement, the Total Shareholder Return (TSR) is defined as the three-year total shareholder return of the Company calculated with dividends reinvested, for all shares of common stock of the Company (“Company Stock”) reported for the New York Stock Exchange - Composite Transactions ending on the last day of the Performance Period (or, if Company Stock is not traded on that date, on the next preceding date on which Company Stock is traded). For purposes of calculating the TSR: (i) the starting stock price will be an average of the closing prices for the 20 trading days ending on December 31, [insert last day preceding performance period] 2009 and (ii) the ending stock price will be an average of the closing prices for the 20 trading days ending on December 31,[insert last day of performance period]31, 2012.

Appears in 1 contract

Samples: Performance Cash Unit Agreement (Nicor Inc)

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