Common use of TSR Performance Clause in Contracts

TSR Performance. Subject to and conditioned upon the Participant’s continued Service through the End Date and further subject to Sections 2.2 and 3 below, the Participant shall be eligible to Fully Vest on the End Date in a number of Profits Interest Units determined by multiplying the Total Profits Interest Units granted hereby by a percentage ranging from zero to one hundred percent (100%) based on the level at which TSR Value has been attained during the Performance Period through the End Date, determined as follows: if, as of the End Date, TSR Value represents an increase from the Baseline Price ranging from (and including) a twenty-four percent (24%) increase to a forty-two percent (42%) increase, a number of Profits Interest Units shall Fully Vest as of the End Date equal to the product obtained by multiplying (A) the Total Profits Interest Units, times (B) a percentage ranging from fifty percent (50%) to one hundred percent (100%), determined on a straight line pro rata interpolation based on the actual increase over Baseline Price represented by the TSR Value within the specified increase range, it being understood that TSR Value representing an increase over the Baseline Price of more than forty-two percent (42%) shall be counted as TSR Value representing a forty-two percent (42%) increase over Baseline Price for purposes of this calculation (such that no more than one hundred percent (100%) of Total Profits Interest Units can Fully Vest). For the avoidance of doubt, to the extent TSR Value as of the End Date does not represent at least a twenty-four percent (24%) increase over the Baseline Price, no Profits Interest Units shall Fully Vest on the End Date pursuant to this Section 2.1.

TSR Performance. Subject to and conditioned upon the Participant’s continued Service through the End Date and further subject to Sections 2.2 3(b), 3(c), and 3 5 below, the Participant shall be eligible to Fully Vest on the End Date in a number of Profits Interest Units RSUs determined by multiplying the Total Profits Interest Units RSUs granted hereby by a percentage ranging from zero to one hundred percent (100%) based on the level at which TSR Value has been attained during the Performance Period through the End Date, determined as follows: if, as of the End Date, TSR Value represents an increase from the Baseline Price ranging from (and including) a twenty-four percent (24%) increase to a forty-two percent (42%) increase, a number of Profits Interest Units RSUs shall Fully Vest as of the End Date equal to the product obtained by multiplying (Ai) the Total Profits Interest UnitsRSUs, times (Bii) a percentage ranging from fifty percent (50%) to one hundred percent (100%), determined on a straight line pro rata interpolation based on the actual increase over Baseline Price represented by the TSR Value within the specified increase range, it being understood that TSR Value representing an increase over the Baseline Price of more than forty-two percent (42%) shall be counted as TSR Value representing a forty-two percent (42%) increase over the Baseline Price for purposes of this calculation (such that no more than one hundred percent (100%) of Total Profits Interest Units RSUs can Fully Vest). For the avoidance of doubt, to the extent TSR Value as of the End Date does not represent at least a twenty-four percent (24%) increase over the Baseline Price, no Profits Interest Units RSUs shall Fully Vest on the End Date pursuant to this Section 2.13(a).

TSR Performance. Subject to and conditioned upon the Participant’s continued Service through the End Date and further subject to Sections 2.2 3(b), 3(c) and 3 5 below, the Participant shall be eligible to Fully Vest on the End Date in a number of Profits Interest Units RSUs determined by multiplying the Total Profits Interest Units RSUs granted hereby by a percentage ranging from zero to one hundred percent (100%) based on the level at which TSR Value has been attained during the Performance Period through the End Date, determined as follows: if, as of the End Date, TSR Value represents an increase from the Baseline Price ranging from (and including) a twenty-four percent (24%) increase to a forty-two percent (42%) increase, a number of Profits Interest Units RSUs shall Fully Vest as of the End Date equal to the product obtained by multiplying (Ai) the Total Profits Interest UnitsRSUs, times (Bii) a percentage ranging from fifty percent (50%) to one hundred percent (100%), determined on a straight line pro rata interpolation based on the actual increase over Baseline Price represented by the TSR Value within the specified increase range, it being understood that TSR Value representing an increase over the Baseline Price of more than forty-two percent (42%) shall be counted as TSR Value representing a forty-two percent (42%) increase over the Baseline Price for purposes of this calculation (such that no more than one hundred percent (100%) of Total Profits Interest Units RSUs can Fully Vest). For the avoidance of doubt, to the extent TSR Value as of the End Date does not represent at least a twenty-four percent (24%) increase over the Baseline Price, no Profits Interest Units RSUs shall Fully Vest on the End Date pursuant to this Section 2.13(a).