Custom Index definition
Examples of Custom Index in a sentence
FTP hereby grants Sub-Licensees a non-exclusive and non-transferable sublicense to use Custom Indices and Marks in connection with the issuance, distribution, marketing and/or promotion of the Products, as included on Custom Index Order Schedule Number 1 (including all exhibits thereto).
The TSR and CAGR of the Company and the Peer Companies for the Performance Period shall be calculated in accordance with the methodology utilized by S&P with respect to the Custom Index.
The “Peer Companies” to be reflected in the Custom Index shall consist of the constituents of the Oil & Gas Exploration & Production GIC Sub-Industry Group in the S&P SmallCap 600 Index and the S&P MidCap 400 Index, excluding the Company.
FTP hereby grants Sub-Licensees a non-exclusive and non-transferable sublicense to use Custom Indices and Marks in connection with the issuance, distribution, marketing and/or promotion of the Products, as included on Custom Index Order Schedule Number 3 (including all exhibits thereto).
S&P shall have no liability for any errors or omissions in calculating the Custom Index.
The Custom Index will be rebalanced on a quarterly basis, and will also be rebalanced whenever there are additions and deletions to the S&P SmallCap 600 and the S&P MidCap 400 indices.
The Company has contracted with S&P to maintain and calculate the Custom Index.
The final multiplier (the “Final Multiplier”) shall be determined by the Committee after the completion of the Performance Period based on the two variables that comprise the Performance Criteria, related to (i) the Company’s TSR and CAGR for the Performance Period, and (ii) the Peer Companies’ TSR and CAGR for the Performance Period as reflected in the Custom Index.
The Custom Index will be equally weighted, and will be adjusted to include the dividend payments of the constituents of the Custom Index.
The Custom Index will be equal weighted, and will be adjusted to include the dividend payments of the constituents of the Custom Index.