Company TSR definition
Examples of Company TSR in a sentence
Notwithstanding anything contained herein, all determinations, interpretations and assumptions relating to the vesting of the Award (including, without limitation, determinations, interpretations and assumptions with respect to Company TSR Percentage and MSCI US REIT Index TSR Percentages) shall be made by the Administrator and shall be applied consistently and uniformly to all similar Awards granted under the Plan.
As soon as reasonably practicable (but in no event more than sixty (60) days) following the completion of the TSR Performance Period, the Administrator shall determine the Company TSR Percentage, the MSCI US REIT Index TSR Percentages, the MSCI US REIT Index Relative Performance, the Relative TSR Performance Modifier Percentage, Performance Vested RSUs, in each case as of the completion of the TSR Performance Period.
Notwithstanding anything contained herein, all determinations, interpretations and assumptions relating to the vesting of the RSUs (including, without limitation, determinations, interpretations and assumptions with respect to Company TSR Percentage and MSCI US REIT Index TSR Percentages) shall be made by the Administrator and shall be applied consistently and uniformly to all similar Awards granted under the Plan (including, without limitation, similar Awards of LTIP Units).
The Performance Award represents the right to receive Shares on a future date based upon the achievement of financial performance goals based on Company TSR Percentile, Adjusted Operating Profit and Total Revenue over the Performance Period and continued employment, on the terms and conditions set forth in this Agreement and in the 2020 Incentive Plan, the applicable terms, conditions and other provisions of which are incorporated by reference herein (collectively, the “Award Documents”).
As soon as reasonably practicable (but in no event more than sixty (60) days) following the completion of the TSR Performance Period, the Administrator shall determine the Company TSR Percentage, the MSCI US REIT Index TSR Percentages, the MSCI US REIT Index Relative Performance, the Relative TSR Performance Modifier Percentage, Performance Vested Base Units, Performance Vested Units and the number of Distribution Equivalent Units, in each case as of the completion of the TSR Performance Period.