Common use of TSR Clause in Contracts

TSR. If, upon conclusion of the TSR Performance Period, the Company’s relative TSR for the TSR Performance Period is at the 50th percentile of TSR for the TSR Peer Group Companies, 100% of the TSR Target Performance Shares shall become earned.

Appears in 2 contracts

Sources: Performance Shares Award Agreement (Myr Group Inc.), Performance Shares Award Agreement (Myr Group Inc.)

TSR. If, upon conclusion of the TSR Performance Period, the Company’s relative TSR for the TSR Performance Period is at the 50th 25th percentile of TSR for the TSR Peer Group Companies, 100Companies 25% of the TSR Target Performance Shares for the Performance Period shall become earned.

Appears in 1 contract

Sources: Performance Shares Award Agreement (Myr Group Inc.)

TSR. If, upon conclusion of the TSR Performance Period, the Company’s relative TSR for the TSR Performance Period is at equals or exceeds the 50th 75th percentile of TSR for the TSR Peer Group Companies, 100200% of the TSR Target Performance Shares shall become earned.

Appears in 1 contract

Sources: Performance Shares Award Agreement (Myr Group Inc.)

TSR. If, upon conclusion of the TSR Performance Period, the Company’s relative TSR for the TSR Performance Period is at the 50th percentile of TSR for the TSR Peer Group Companies, 100% of the TSR Target Performance Shares for the Performance Period shall become earned.

Appears in 1 contract

Sources: Performance Shares Award Agreement (Myr Group Inc.)