Examples of Modifier in a sentence
The number of PSUs earned by the Participant at the conclusion of the Performance Period will be determined under the following formula subject to Section 5 below: Target Award Opportunity x Financial Performance Factor x TSR Modifier The determination of “Financial Performance Factor” and “TSR Modifier” is set forth below.
If any Performance Share Units are earned based on the above criteria, the number of Performance Share Units earned will be modified up or down as follows based on Kohl’s Relative Total Shareholder Return against a group of selected retailers (the “TSR Modifier Group”, as defined below) during the Performance Period.
The TSR Modifier will be determined based on Xxxxxxxxxxx’s Percentile Rank as set forth in the below table: Middlefield’s Percentile Rank TSR Modifier 25th percentile -25 % 50th percentile 0 % 75th percentile 25 % If Xxxxxxxxxxx’s Relative TSR Rank over the Performance Period falls between two performance levels in the table above, then the TSR Modifier will be determined by linear interpolation.