Common use of TSR Modifier Clause in Contracts

TSR Modifier. (a) The “TSR Modifier” shall be determined under the table below based on the TSR Percentile Rank (as defined below) of the Company: TSR Percentile Rank TSR Modifier less than 25% 75% 25% to 75% 100% more than 75% 125%

Appears in 6 contracts

Samples: Performance Share Long Term Incentive Agreement (Northwest Natural Gas Co), Performance Share Long Term Incentive Agreement (Northwest Natural Gas Co), Performance Share Long Term Incentive Agreement (Northwest Natural Gas Co)

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TSR Modifier. (a) The “TSR Modifier” shall be determined under in accordance with the table below based on the TSR Percentile Rank (as defined below) of : If the Company: ’s Annualized TSR Percentile Rank Is… The TSR Modifier Is… 5% or less than 25% (“Threshold TSR”) 75% 259% to 75% (“Target TSR”) 100% 13% (“Maximum TSR”) or more than 75% 125%

Appears in 2 contracts

Samples: Performance Ltip Unit Award Agreement (Ashford Hospitality Trust Inc), Award Agreement (Ashford Hospitality Trust Inc)

TSR Modifier. (a) The “TSR Modifier” shall be determined under in accordance with the table below based on the TSR Percentile Rank (as defined below) of : If the Company: ’s Annualized TSR Percentile Rank Is… The TSR Modifier less Is… Less than 255% (“Threshold TSR”) 75% 257% to 75% (“Target TSR”) 100% 9% (“Maximum TSR”) or more than 75% 125%

Appears in 2 contracts

Samples: Award Agreement (Ashford Hospitality Trust Inc), Performance Ltip Unit Award Agreement (Ashford Hospitality Trust Inc)

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TSR Modifier. (a) The “TSR Modifier” shall be determined under the table below based on the TSR Percentile Rank (as defined below) of the Company; provided, however, that if the Company’s TSR (as defined below) is less than 0%, the actual TSR Payout Factor shall be equal to 75% of the TSR Payout Factor determined under the table below: TSR Percentile Rank TSR Modifier less than 25% 75% 25% to 75% 100% more than 75% 125%

Appears in 1 contract

Samples: Performance Share Long Term Incentive Agreement (Northwest Natural Gas Co)

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