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Period, the TSR for the Company, each Peer Company in the Peer Group and each Reference Company shall be calculated by dividing the <strong>Closing Average Share Value</strong> (as defined below) by the Opening Average Share Value (as defined below).", "TSR for the Company and each company in the Peer Group will be calculated by subtracting the <strong>Closing Average Share Value</strong> from the Opening Average Share Value (plus dividends and distributions during the Performance Period) then dividing that result by the Opening Average Share Value.", "For purposes of this Agreement, the term \u201cTotal Shareholder Return\u201d shall be calculated by dividing (i) the <strong>Closing Average Share Value</strong> by (ii) the Opening Average Share Value and subtracting 1 from the resulting quotient.", "If a Change in Control occurs prior to the Vesting Date, the outstanding Performance Shares will automatically vest as of the date of the Change in Control based on attainment of the TSR Performance Goals through the date of the Change in Control (using as the <strong>Closing Average Share Value</strong>, the value of a Share implied by the terms of the Change in Control).", "For purposes of the preceding sentence, the <strong>Closing Average Share Value</strong> and the Opening Average Share Value shall mean the average of the closing price of a share of Common Stock multiplied by the Accumulated Shares for each trading day over the 20 trading day period preceding and including the first and the last day of the Performance Period, respectively.", "For example, if the <strong>Closing Average Share Value</strong> as of the end of the first Performance Period is based on [.] and if the Opening Average Share Value is [.] and if that that [.] increase places the Company at a Company rTSR Percentile Rank of [.], then the payout would be at [.]of target shares.", "TSR for the Company and each other entity in the TSR Index shall be determined in accordance with the following 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