Peer Average definition

Peer Average means the average 1-year, 2-year, 3-year or other period, as applicable, TSR of the Peer Group.
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Examples of Peer Average in a sentence

  • ROCE Versus Peer Average ROCE ROCE is computed as a percentage based on (a) Earnings Before Interest and Taxes, as adjusted for certain unusual and nonrecurring gains or losses for the period being measured, divided by (b) the sum of the Total Assets Less Current Liabilities, as adjusted for certain unusual and nonrecurring items, at the beginning and end of the period being measured divided by two.

  • The Grantee shall vest in a number of Earned Restricted Stock Units equal to the product of the number of Available Units corresponding to the Determination Date for such Performance Certification multiplied by the Achievement Percentage for that Determination Date, as follows: * With respect to Company TSR performance relative to the Peer Average that is less than 130% but more than 70%, the Achievement Percentage shall be determined by linear interpolation.