Comparator Group definition
Comparator Group is defined as the following nine U.S. based carriers including, AirTran Airways, Inc., Alaska Air Group, Inc., AMR Corporation, Continental Airlines, Inc., Delta Air Lines Inc., JetBlue Airways Corporation, Southwest Airlines Co., US Airways Group, Inc. and UAL Corporation.
Comparator Group means the companies comprising the S&P 500 as of the first day of the Performance Period and, except as provided below, the common stock of which is continually listed or traded on a national securities exchange from the first day of the Performance Period through the last trading day of the Performance Period. In the event a member of the Comparator Group files for bankruptcy or liquidates due to an insolvency, such company shall continue to be treated as a Comparator Group member, and such company’s Ending Price will be treated as $0 if the common stock (or similar equity security) of such company is no longer listed or traded on a national securities exchange on the last trading day of the Performance Period (and if multiple members of the Comparator Group file for bankruptcy or liquidate due to an insolvency, such members shall be ranked in order of when such bankruptcy or liquidation occurs, with earlier bankruptcies/liquidations ranking lower than later bankruptcies/liquidations). In the event of a formation of a new parent company by a Comparator Group member, substantially all of the assets and liabilities of which consist immediately after the transaction of the equity interests in the original Comparator Group member or the assets and liabilities of such Comparator Group member immediately prior to the transaction, such new parent company shall be substituted for the Comparator Group member to the extent (and for such period of time) as its common stock (or similar equity securities) are listed or traded on a national securities exchange but the common stock (or similar equity securities) of the original Comparator Group member are not. In the event of a merger or other business combination of two Comparator Group members (including, without limitation, the acquisition of one Comparator Group member, or all or substantially all of its assets, by another Comparator Group member), the surviving, resulting or successor entity, as the case may be, shall continue to be treated as a member of the Comparator Group, provided that the common stock (or similar equity security) of such entity is listed or traded on a national securities exchange through the last trading day of the Performance Period.
Comparator Group means the companies listed on Annex A, attached hereto. Each such company shall be included in the Comparator Group only if the company is publicly-traded at both the beginning and end of the TSR Performance Period.
Examples of Comparator Group in a sentence
For the avoidance of doubt, the Consolidated ROAA Percentile must be at least [__]th of the Comparator Group for any of the Target Award to vest.
If the Consolidated ROAA Percentile falls between the [__]th and [__]th of the Comparator Group, or between the [__]th and [__]th of the Comparator Group, the Target Award will vest at the end of the Performance Period on a proportional basis determined using straight-line interpolation.
More Definitions of Comparator Group
Comparator Group means all companies in the S&P 600 Financials Index as of the first day of the Performance Period (“Peer Companies”), modified to take into account mergers, acquisitions, spin-offs and other similar events as follows:
Comparator Group means the group of companies which the Compensation Committee shall from time to time determine should be the Comparator Group (which shall be set out in the documentation granting the Award) and which shall be, at the date of adoption of the Plan the companies listed below (the ticker numbers for the following companies are those used on the companies’ respective domestic exchanges):
Comparator Group means the companies listed on Exhibit A hereto.
Comparator Group. The Comparator Group comprises the following 21 companies: Adient plc American Axle & Manufacturing Holdings, Inc. Aptiv PLC Autoliv, Inc. BorgWarner Inc. ▇▇▇▇▇▇ Tire & Rubber Company ▇▇▇▇ Incorporated ▇▇▇▇▇▇▇ Motion Inc. Gentex Corporation LCI Industries ▇▇▇▇ Corporation Linamar Corporation Magna International Inc. Martinrea International Inc. Standard Motor Products Inc. Tenneco Inc. TI Fluid Systems plc The Goodyear Tire & Rubber Company Tower International, Inc. Veoneer, Inc. Visteon Corporation
Comparator Group means the following companies: _____. Companies who become no longer publicly traded at any time during the Performance Period (including by reason of being acquired by another public company) shall be eliminated from the Comparator Group ab initio for the entirety of the Performance Period. Companies that become bankrupt during the Performance Period will be assigned the lowest rank in the percentiles.
Comparator Group means the group of comparable peers as defined and set out under the heading “Compensation Discussion and Analysis – Role of Compensation Consultant and Peer Benchmarking and Determination of Comparator Group”.
Comparator Group means the Total Shareholder Return (TSR) comparator group which applies to the last awards made under the HSBC Share Plan immediately before the Termination Date or where any companies in the TSR comparator group are the subject of a takeover or undergo any form of reconstruction, the entities to which the business assets of such companies are transferred from time to time;